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: Gate against HTX−0.208%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1341.338% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)+0.330%+$33 · spread now −0.208%, 7d avg +0.034%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.242% cheaper against HTX than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.034%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX MVLL-USDT | 33.660 | 0.0100 | pay 0.0100% / 8h | 2h 36m | $8K | $264K | 10x |
| Short | Gate MVLL_USDT | 33.590 | 0 | get 0.0000% / 8h | 2h 36m | $493K | $1.6M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.208% → +0.034%
- −$24.16
- Slippage, 4 orders
- −$106.81
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$178.97
- Costs to cover
- 1.338%
- Break-even
- never at this rate
Slippage from HTX: live order book, 10 min ago; Gate: live order book, 1 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, 10 min ago | 17.67 bp | 26.6 bp −$27 | 56.3 bp −$563 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 4.45 bp | 39.5 bp −$40 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MVLLUSDT | −0.1661% | 8h | 33.650 | −0.030% | $625K | $722K | 20x | as long as short |
| Binance MVLLUSDT | 0.0000% | 8h | 33.621 | −0.116% | $3.4M | $40.7M | 20x | as long as short |
| Bybit MVLLUSDT | 0.0000% | 8h | 33.600 | −0.178% | $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_USDTshort | 0.0000% | 8h | 33.590 | −0.208% | $493K | $1.6M | 25x | |
| MEXC MVLL_USDT | 0.0000% | 8h | 33.650 | −0.030% | $4.2M | $1.4M | 20x | as long as short |
| Phemex MVLLUSDT | 0.0000% | 8h | 33.660 | 0.000% | $1.7M | $1.2M | 10x | as long as short |
| KuCoin MVLLUSDTM | +0.0100% | 8h | 33.620 | −0.119% | $180K | $537K | 20x | as long as short |
| HTX MVLL-USDTlong | +0.0100% | 8h | 33.660 | long leg | $8K | $264K | 10x |
HTX MVLL-USDT
Gate MVLL_USDT
Bitget MVLLUSDT
Binance MVLLUSDT
Bybit MVLLUSDT
OKX MVLL-USDT-SWAP
MEXC MVLL_USDT
Phemex MVLLUSDT
KuCoin MVLLUSDTM