Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate+0.029%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$510as in the Funding arb table
Net, price: spread back to 7d avg − costs−$525as in the Price arb table
costs, in and out, $10k−$5305.299% of the position
Funding, last 7 days+0.199%+$20 on $10k
+Price spread, last 4 days (all we have)+0.005%+$1 · spread now +0.029%, 7d avg −0.020%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.049% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MVLL_USDT | 35.080 | 0 | get 0.0000% / 8h | 4h 17m | $541K | $1.6M | 25x |
| Short | KuCoin MVLLUSDTM | 35.090 | 0.0100 | get 0.0100% / 8h | 4h 17m | $188K | $587K | 20x |
Gate MVLL_USDT
KuCoin MVLLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: +0.029% → −0.020%
- $4.85
- Slippage, 4 orders
- −$502.94
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$504.08
- Costs to cover
- 5.299%
- Break-even
- 175.0 days
Slippage from Gate: live order book, 5 min ago; KuCoin: live order book, 66 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 5 min ago | 4.27 bp | 47.4 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 66 min ago | 14.30 bp | 96.7 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
MVLL on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MVLLUSDT | 0.0000% | 8h | 35.055 | −0.073% | $3.4M | $39.1M | 20x | as long as short |
| Bybit MVLLUSDT | 0.0000% | 8h | 35.070 | −0.029% | $520K | $430K | 25x | as long as short |
| OKX MVLL-USDT-SWAP | 0.0000% | 8h | 35.090 | +0.029% | $872K | $1.2M | 10x | as long as short |
| Gate MVLL_USDTlong | 0.0000% | 8h | 35.080 | long leg | $541K | $1.6M | 25x | |
| MEXC MVLL_USDT | 0.0000% | 8h | 35.070 | −0.029% | $4.4M | $1.4M | 20x | as long as short |
| Bitget MVLLUSDT | 0.0000% | 8h | 35.070 | −0.029% | $677K | $639K | 20x | as long as short |
| Phemex MVLLUSDT | 0.0000% | 8h | 35.050 | −0.086% | $1.8M | $1.1M | 10x | as long as short |
| KuCoin MVLLUSDTMshort | +0.0100% | 8h | 35.090 | +0.029% | $188K | $587K | 20x | |
| HTX MVLL-USDT | +0.0100% | 8h | 35.060 | −0.057% | $9K | $257K | 10x | as long as short |
Binance MVLLUSDT
Bybit MVLLUSDT
OKX MVLL-USDT-SWAP
MEXC MVLL_USDT
Bitget MVLLUSDT
Phemex MVLLUSDT
HTX MVLL-USDT