Funding you earn now, next payment 08:00 UTC−0.0551%/8h= −60.3% APRnext payment −$5.51 per $10,000 · paid last 24h +0.005%
Price spread now: Bitget against MEXC−0.058%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$590.586% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.058%, 7d avg −0.019%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Bitget is 0.039% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.019%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.140%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.140% in total (about 7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MVLL_USDT | 34.210 | 0 | get 0.0000% / 8h | 3h 29m | $4.3M | $1.4M | 20x |
| Short | Bitget MVLLUSDT | 34.190 | −0.0551 | pay 0.0551% / 8h | 3h 29m | $649K | $658K | 20x |
MEXC MVLL_USDT
Bitget MVLLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- −$115.71
- Price spread: −0.058% → −0.019%
- −$3.92
- Slippage, 4 orders
- −$46.57
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$178.21
- Costs to cover
- 0.586%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bitget: live order book, 21 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 MEXC live order book, 3 min ago | 2.93 bp | 2.9 bp −$3 | 8.1 bp −$81 | 156.9 bp −$15.7K | doesn't fit |
| Sell Bitget live order book, 21 min ago | 2.90 bp | 28.3 bp −$28 | 59.9 bp −$599 | 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 MVLLUSDTshort | −0.0551% | 8h | 34.190 | −0.058% | $649K | $658K | 20x | |
| Binance MVLLUSDT | 0.0000% | 8h | 34.163 | −0.137% | $3.4M | $39.7M | 20x | as long as short |
| Bybit MVLLUSDT | 0.0000% | 8h | 34.200 | −0.029% | $517K | $441K | 25x | as long as short |
| OKX MVLL-USDT-SWAP | 0.0000% | 8h | 34.160 | −0.146% | $839K | $1.2M | 10x | as long as short |
| Gate MVLL_USDT | 0.0000% | 8h | 34.190 | −0.058% | $519K | $1.6M | 25x | as long as short |
| MEXC MVLL_USDTlong | 0.0000% | 8h | 34.210 | long leg | $4.3M | $1.4M | 20x | |
| Phemex MVLLUSDT | 0.0000% | 8h | 34.220 | +0.029% | $1.7M | $1.1M | 10x | as long as short |
| KuCoin MVLLUSDTM | +0.0100% | 8h | 34.180 | −0.088% | $183K | $570K | 20x | as long as short |
| HTX MVLL-USDT | +0.0100% | 8h | 34.230 | +0.058% | $9K | $259K | 10x | as long as short |
Binance MVLLUSDT
Bybit MVLLUSDT
OKX MVLL-USDT-SWAP
Gate MVLL_USDT
Phemex MVLLUSDT
KuCoin MVLLUSDTM
HTX MVLL-USDT