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 KuCoin+0.029%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$298as in the Funding arb table
Net, price: spread back to 7d avg − costs−$292as in the Price arb table
costs, in and out, $10k−$2902.899% of the position
Funding, last 7 days−0.080%−$8 on $10k
+Price spread, last 4 days (all we have)+0.055%+$6 · spread now +0.029%, 7d avg +0.046%
=The price spread sits at its 7-day average of +0.046%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MVLLUSDTM | 35.020 | 0.0100 | pay 0.0100% / 8h | 4h 17m | $188K | $587K | 20x |
| Short | Bybit MVLLUSDT | 35.030 | 0 | get 0.0000% / 8h | 4h 17m | $519K | $430K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.029% → +0.046%
- −$1.75
- Slippage, 4 orders
- −$266.91
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$312.66
- Costs to cover
- 2.899%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 66 min ago; Bybit: live order book, 33 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, 66 min ago | 14.30 bp | 87.6 bp −$88 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 33 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 | 35.023 | +0.008% | $3.4M | $39.1M | 20x | as long as short |
| Bybit MVLLUSDTshort | 0.0000% | 8h | 35.030 | +0.029% | $519K | $430K | 25x | |
| OKX MVLL-USDT-SWAP | 0.0000% | 8h | 35.060 | +0.114% | $871K | $1.2M | 10x | as long as short |
| Gate MVLL_USDT | 0.0000% | 8h | 35.050 | +0.086% | $541K | $1.6M | 25x | as long as short |
| MEXC MVLL_USDT | 0.0000% | 8h | 35.060 | +0.114% | $4.4M | $1.4M | 20x | as long as short |
| Bitget MVLLUSDT | 0.0000% | 8h | 35.070 | +0.143% | $677K | $639K | 20x | as long as short |
| Phemex MVLLUSDT | 0.0000% | 8h | 35.040 | +0.057% | $1.8M | $1.1M | 10x | as long as short |
| KuCoin MVLLUSDTMlong | +0.0100% | 8h | 35.020 | long leg | $188K | $587K | 20x | |
| HTX MVLL-USDT | +0.0100% | 8h | 35.000 | −0.057% | $9K | $257K | 10x | as long as short |
KuCoin MVLLUSDTM
Bybit MVLLUSDT
Binance MVLLUSDT
OKX MVLL-USDT-SWAP
Gate MVLL_USDT
MEXC MVLL_USDT
Bitget MVLLUSDT
Phemex MVLLUSDT
HTX MVLL-USDT