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: Bybit against HTX+0.114%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$182as in the Price arb table
costs, in and out, $10k−$1881.881% of the position
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now +0.114%, 7d avg +0.057%
=The price spread pays, funding is against you. Bybit is 0.058% dearer against HTX than usual: you sell high and buy low (spread +0.114% now, against its 7-day average of +0.057%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 46 hours. At the pace of the last 7 days (−0.091% in total) that is about 4.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX MVLL-USDT | 35.040 | 0.0100 | pay 0.0100% / 8h | 4h 24m | $9K | $257K | 10x |
| Short | Bybit MVLLUSDT | 35.080 | 0 | get 0.0000% / 8h | 4h 24m | $520K | $430K | 25x |
HTX MVLL-USDT
Bybit MVLLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.114% → +0.057%
- $5.76
- Slippage, 4 orders
- −$165.15
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$203.39
- Costs to cover
- 1.881%
- Break-even
- never at this rate
Slippage from HTX: live order book, 32 min ago; Bybit: live order book, 25 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, 32 min ago | 11.35 bp | 38.5 bp −$39 | 98.7 bp −$987 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 25 min ago | 5.69 bp | 56.1 bp −$56 | 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 | 35.070 | +0.086% | $3.4M | $39.1M | 20x | as long as short |
| Bybit MVLLUSDTshort | 0.0000% | 8h | 35.080 | +0.114% | $520K | $430K | 25x | |
| OKX MVLL-USDT-SWAP | 0.0000% | 8h | 35.090 | +0.143% | $873K | $1.2M | 10x | as long as short |
| Gate MVLL_USDT | 0.0000% | 8h | 35.090 | +0.143% | $542K | $1.6M | 25x | as long as short |
| MEXC MVLL_USDT | 0.0000% | 8h | 35.080 | +0.114% | $4.4M | $1.4M | 20x | as long as short |
| Bitget MVLLUSDT | 0.0000% | 8h | 35.160 | +0.342% | $679K | $640K | 20x | as long as short |
| Phemex MVLLUSDT | 0.0000% | 8h | 35.060 | +0.057% | $1.8M | $1.1M | 10x | as long as short |
| KuCoin MVLLUSDTM | +0.0100% | 8h | 35.070 | +0.086% | $188K | $587K | 20x | as long as short |
| HTX MVLL-USDTlong | +0.0100% | 8h | 35.040 | long leg | $9K | $257K | 10x |
Binance MVLLUSDT
OKX MVLL-USDT-SWAP
Gate MVLL_USDT
MEXC MVLL_USDT
Bitget MVLLUSDT
Phemex MVLLUSDT
KuCoin MVLLUSDTM