Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.029%
Price spread now: OKX against HTX+0.285%54s7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1051.048% of the position
Funding, last 7 days−0.126%−$13 on $10k
+Price spread, last 3 days (all we have)−0.204%−$20 · spread now +0.285%, 7d avg +0.074%
=The price spread pays, funding is against you. OKX is 0.211% dearer against HTX than usual: you sell high and buy low (spread +0.285% now, against its 7-day average of +0.074%): +$21 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.0 days. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| 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 | 5h 57m | $9K | $253K | 10x |
| Short | OKX MVLL-USDT-SWAP | 35.140 | 0 | get 0.0000% / 8h | 5h 57m | $880K | $1.2M | 10x |
HTX MVLL-USDT
OKX MVLL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.285% → +0.074%
- $21.11
- Slippage, 4 orders
- −$82.75
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$104.65
- Costs to cover
- 1.048%
- Break-even
- never at this rate
Slippage from HTX: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago | 11.41 bp | 27.9 bp −$28 | 59.0 bp −$590 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.43 bp | 12.8 bp −$13 | 27.6 bp −$276 | 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 | 35.091 | +0.146% | $3.4M | $38.8M | 20x | as long as short |
| Bybit MVLLUSDT | 0.0000% | 8h | 35.020 | −0.057% | $529K | $428K | 25x | as long as short |
| OKX MVLL-USDT-SWAPshort | 0.0000% | 8h | 35.140 | +0.285% | $880K | $1.2M | 10x | |
| Gate MVLL_USDT | 0.0000% | 8h | 35.060 | +0.057% | $526K | $1.5M | 25x | as long as short |
| MEXC MVLL_USDT | 0.0000% | 8h | 35.070 | +0.086% | $4.7M | $1.4M | 20x | as long as short |
| Bitget MVLLUSDT | 0.0000% | 8h | 35.110 | +0.200% | $657K | $627K | 20x | as long as short |
| Phemex MVLLUSDT | 0.0000% | 8h | 35.070 | +0.086% | $1.8M | $1.1M | 10x | as long as short |
| KuCoin MVLLUSDTM | +0.0100% | 8h | 35.000 | −0.114% | $189K | $609K | 20x | as long as short |
| HTX MVLL-USDTlong | +0.0100% | 8h | 35.040 | long leg | $9K | $253K | 10x |
Binance MVLLUSDT
Bybit MVLLUSDT
Gate MVLL_USDT
MEXC MVLL_USDT
Bitget MVLLUSDT
Phemex MVLLUSDT
KuCoin MVLLUSDTM