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: MEXC against KuCoin+0.118%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1331.335% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 4 days (all we have)−0.152%−$15 · spread now +0.118%, 7d avg +0.084%
=The price spread pays, funding is against you. MEXC is 0.034% dearer against KuCoin than usual: you sell high and buy low (spread +0.118% now, against its 7-day average of +0.084%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 28 hours. At the pace of the last 7 days (−0.060% in total) that is about 4.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MVLLUSDTM | 33.810 | 0.0100 | pay 0.0100% / 8h | 3h 18m | $181K | $564K | 20x |
| Short | MEXC MVLL_USDT | 33.850 | 0 | get 0.0000% / 8h | 3h 18m | $4.3M | $1.4M | 20x |
KuCoin MVLLUSDTM
MEXC MVLL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.118% → +0.084%
- $3.44
- Slippage, 4 orders
- −$121.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$151.02
- Costs to cover
- 1.335%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 56 min ago; MEXC: 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 KuCoin live order book, 56 min ago | 7.14 bp | 102.2 bp −$102 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.47 bp | 1.5 bp −$1 | 5.5 bp −$55 | 131.9 bp −$13.2K | 277.3 bp −$138.6K |
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 | −0.0944% | 8h | 33.860 | +0.148% | $640K | $664K | 20x | as long as short |
| Binance MVLLUSDT | 0.0000% | 8h | 33.813 | +0.008% | $3.3M | $39.9M | 20x | as long as short |
| Bybit MVLLUSDT | 0.0000% | 8h | 33.800 | −0.030% | $514K | $445K | 25x | as long as short |
| OKX MVLL-USDT-SWAP | 0.0000% | 8h | 33.810 | 0.000% | $829K | $1.2M | 10x | as long as short |
| Gate MVLL_USDT | 0.0000% | 8h | 33.880 | +0.207% | $512K | $1.6M | 25x | as long as short |
| MEXC MVLL_USDTshort | 0.0000% | 8h | 33.850 | +0.118% | $4.3M | $1.4M | 20x | |
| Phemex MVLLUSDT | 0.0000% | 8h | 33.830 | +0.059% | $1.7M | $1.1M | 10x | as long as short |
| KuCoin MVLLUSDTMlong | +0.0100% | 8h | 33.810 | long leg | $181K | $564K | 20x | |
| HTX MVLL-USDT | +0.0100% | 8h | 33.840 | +0.089% | $9K | $259K | 10x | as long as short |
Bitget MVLLUSDT
Binance MVLLUSDT
Bybit MVLLUSDT
OKX MVLL-USDT-SWAP
Gate MVLL_USDT
Phemex MVLLUSDT
HTX MVLL-USDT