MVLL

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: Phemex against HTX−0.030%7-day average +0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs−$246as in the Funding arb table

Net, price: spread back to 7d avg − costs−$233as in the Price arb table

costs, in and out, $10k−$2252.247% of the position

Long on HTX Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.210%−$21 on $10k

Price spread, last 4 days (all we have)+0.095%+$9 · spread now −0.030%, 7d avg +0.057%

Together, before fees−0.115%−$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Phemex is 0.087% cheaper against HTX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.057%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX MVLL-USDT	33.520	0.0100	pay 0.0100% / 8h	6h 55m	$8K	$274K	10x
Short	Phemex MVLLUSDT	33.510	0	get 0.0000% / 8h	6h 55m	$1.7M	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee PhemexbpOrdersPrice spread, now −0.030%Rate

Funding earned: −$21
Price spread: −0.030% → +0.057%: −$8.7
Slippage, 4 orders: −$200.72
Fee HTX: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$254.42
Costs to cover: 2.247%
Break-even: never at this rate

Slippage from HTX: live order book, 36 min ago; Phemex: live order book, 3 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, 36 min ago	41.62 bp	61.8 bp −$62	108.2 bp −$1,082	doesn't fit	doesn't fit
Sell Phemex live order book, 3 min ago	2.99 bp	46.4 bp −$46	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	−0.1171%	8h	33.380	−0.418%	$953K	$1.2M	20x	as long as short
Binance MVLLUSDT	0.0000%	8h	33.450	−0.209%	$3.3M	$44.3M	20x	as long as short
Bybit MVLLUSDT	0.0000%	8h	33.490	−0.089%	$483K	$484K	25x	as long as short
OKX MVLL-USDT-SWAP	0.0000%	8h	33.420	−0.298%	$792K	$2.4M	10x	as long as short
Gate MVLL_USDT	0.0000%	8h	33.500	−0.060%	$504K	$1.6M	25x	as long as short
MEXC MVLL_USDT	0.0000%	8h	33.450	−0.209%	$4.0M	$1.5M	20x	as long as short
Phemex MVLLUSDTshort	0.0000%	8h	33.510	−0.030%	$1.7M	$1.3M	10x
KuCoin MVLLUSDTM	+0.0100%	8h	33.510	−0.030%	$179K	$551K	20x	as long as short
HTX MVLL-USDTlong	+0.0100%	8h	33.520	long leg	$8K	$274K	10x