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 KuCoin−0.029%7-day average +0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$206as in the Funding arb table
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$1951.946% of the position
Funding, last 7 days−0.115%−$11 on $10k
+Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.029%, 7d avg +0.062%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.091% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.062%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MVLLUSDTM | 34.950 | 0.0100 | pay 0.0100% / 8h | 6h 40m | $188K | $629K | 20x |
| Short | OKX MVLL-USDT-SWAP | 34.940 | 0 | get 0.0000% / 8h | 6h 40m | $879K | $1.2M | 10x |
KuCoin MVLLUSDTM
OKX MVLL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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% → +0.062%
- −$9.1
- Slippage, 4 orders
- −$172.61
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$224.71
- Costs to cover
- 1.946%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 73 min ago; OKX: live order book, 1 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, 73 min ago | 14.31 bp | 100.9 bp −$101 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.86 bp | 12.3 bp −$12 | 29.9 bp −$299 | 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 | 34.936 | −0.039% | $3.4M | $38.6M | 20x | as long as short |
| Bybit MVLLUSDT | 0.0000% | 8h | 34.970 | +0.057% | $540K | $425K | 25x | as long as short |
| OKX MVLL-USDT-SWAPshort | 0.0000% | 8h | 34.940 | −0.029% | $879K | $1.2M | 10x | |
| Gate MVLL_USDT | 0.0000% | 8h | 34.950 | 0.000% | $527K | $1.5M | 25x | as long as short |
| MEXC MVLL_USDT | 0.0000% | 8h | 34.950 | 0.000% | $4.7M | $1.4M | 20x | as long as short |
| Phemex MVLLUSDT | 0.0000% | 8h | 34.920 | −0.086% | $1.8M | $1.1M | 10x | as long as short |
| Bitget MVLLUSDT | +0.0040% | 8h | 34.950 | 0.000% | $651K | $647K | 20x | as long as short |
| KuCoin MVLLUSDTMlong | +0.0100% | 8h | 34.950 | long leg | $188K | $629K | 20x | |
| HTX MVLL-USDT | +0.0100% | 8h | 34.900 | −0.143% | $9K | $255K | 10x | as long as short |
Binance MVLLUSDT
Bybit MVLLUSDT
Gate MVLL_USDT
MEXC MVLL_USDT
Phemex MVLLUSDT
Bitget MVLLUSDT
HTX MVLL-USDT