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: Binance against KuCoin−0.031%7-day average +0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$402as in the Funding arb table
Net, price: spread back to 7d avg − costs−$406as in the Price arb table
costs, in and out, $10k−$3963.956% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)−0.577%−$58 · spread now −0.031%, 7d avg +0.068%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.099% cheaper against KuCoin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.068%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MVLLUSDTM | 34.180 | 0.0100 | pay 0.0100% / 8h | 5h 50m | $184K | $586K | 20x |
| Short | Binance MVLLUSDT | 34.169 | 0 | get 0.0000% / 8h | 5h 50m | $3.3M | $45.3M | 20x |
KuCoin MVLLUSDTM
Binance MVLLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: −0.031% → +0.068%
- −$9.89
- Slippage, 4 orders
- −$373.64
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$426.53
- Costs to cover
- 3.956%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 55 min ago; Binance: live order book, 15 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 KuCoin live order book, 55 min ago | 17.97 bp | 188.0 bp −$188 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 2.95 bp | 12.3 bp −$12 | 37.5 bp −$375 | 147.5 bp −$14.7K | doesn't fit |
MVLL on 9 exchanges
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 | −0.0714% | 8h | 34.190 | +0.029% | $985K | $1.3M | 20x | as long as short |
| Binance MVLLUSDTshort | 0.0000% | 8h | 34.169 | −0.031% | $3.3M | $45.3M | 20x | |
| Bybit MVLLUSDT | 0.0000% | 8h | 34.170 | −0.029% | $500K | $497K | 25x | as long as short |
| OKX MVLL-USDT-SWAP | 0.0000% | 8h | 34.190 | +0.029% | $777K | $2.6M | 10x | as long as short |
| Gate MVLL_USDT | 0.0000% | 8h | 34.170 | −0.029% | $496K | $1.6M | 25x | as long as short |
| MEXC MVLL_USDT | 0.0000% | 8h | 34.170 | −0.029% | $4.1M | $1.5M | 20x | as long as short |
| Phemex MVLLUSDT | 0.0000% | 8h | 34.150 | −0.088% | $1.7M | $1.3M | 10x | as long as short |
| KuCoin MVLLUSDTMlong | +0.0100% | 8h | 34.180 | long leg | $184K | $586K | 20x | |
| HTX MVLL-USDT | +0.0100% | 8h | 34.200 | +0.059% | $8K | $272K | 10x | as long as short |
Bitget MVLLUSDT
Bybit MVLLUSDT
OKX MVLL-USDT-SWAP
Gate MVLL_USDT
MEXC MVLL_USDT
Phemex MVLLUSDT
HTX MVLL-USDT