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: Binance against HTX+0.053%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1041.039% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.053%, 7d avg +0.029%
=The price spread pays, funding is against you. Binance is 0.024% dearer against HTX than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of +0.029%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.073% in total) that is about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX MVLL-USDT | 33.600 | 0.0100 | pay 0.0100% / 8h | 2h 36m | $8K | $264K | 10x |
| Short | Binance MVLLUSDT | 33.618 | 0 | get 0.0000% / 8h | 2h 36m | $3.4M | $40.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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: +0.053% → +0.029%
- $2.39
- Slippage, 4 orders
- −$81.86
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$122.47
- Costs to cover
- 1.039%
- Break-even
- never at this rate
Slippage from HTX: live order book, 11 min ago; Binance: live order book, 6 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 HTX live order book, 11 min ago | 17.67 bp | 26.6 bp −$27 | 56.3 bp −$563 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.49 bp | 12.4 bp −$12 | 51.7 bp −$517 | 167.5 bp −$16.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MVLLUSDT | −0.1661% | 8h | 33.690 | +0.268% | $626K | $723K | 20x | as long as short |
| Binance MVLLUSDTshort | 0.0000% | 8h | 33.618 | +0.053% | $3.4M | $40.7M | 20x | |
| Bybit MVLLUSDT | 0.0000% | 8h | 33.600 | 0.000% | $510K | $443K | 25x | as long as short |
| OKX MVLL-USDT-SWAP | 0.0000% | 8h | 33.630 | +0.089% | $821K | $1.2M | 10x | as long as short |
| Gate MVLL_USDT | 0.0000% | 8h | 33.620 | +0.060% | $493K | $1.6M | 25x | as long as short |
| MEXC MVLL_USDT | 0.0000% | 8h | 33.650 | +0.149% | $4.2M | $1.4M | 20x | as long as short |
| Phemex MVLLUSDT | 0.0000% | 8h | 33.640 | +0.119% | $1.7M | $1.2M | 10x | as long as short |
| KuCoin MVLLUSDTM | +0.0100% | 8h | 33.620 | +0.060% | $180K | $537K | 20x | as long as short |
| HTX MVLL-USDTlong | +0.0100% | 8h | 33.600 | long leg | $8K | $264K | 10x |
HTX MVLL-USDT
Binance MVLLUSDT
Bitget MVLLUSDT
Bybit MVLLUSDT
OKX MVLL-USDT-SWAP
Gate MVLL_USDT
MEXC MVLL_USDT
Phemex MVLLUSDT
KuCoin MVLLUSDTM