Funding you earn now, next payment 00:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.16 per $10,000 · paid last 24h −0.048%
Price spread now: OKX against MEXC+0.029%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$450.452% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 7 days−0.023%−$2 · spread now +0.029%, 7d avg 0.000%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and OKX is 0.029% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of 0.000%. Mind the row above: over the last 7 days funding on this pair cost −0.057%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MVLL_USDT | 34.770 | 0 | get 0.0000% / 8h | 16m 52s | $4.9M | $1.3M | 20x |
| Short | OKX MVLL-USDT-SWAP | 34.780 | 0.0016 | get 0.0016% / 8h | 16m 52s | $872K | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $3.27
- Price spread: +0.029% → 0.000%
- $2.91
- Slippage, 4 orders
- −$35.24
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$39.07
- Costs to cover
- 0.452%
- Break-even
- 90.6 days
Slippage from MEXC: live order book, 6 min ago; OKX: live order book, 5 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, 6 min ago | 1.44 bp | 1.4 bp −$1 | 6.1 bp −$61 | 159.3 bp −$15.9K | 280.2 bp −$140.1K |
| Sell OKX live order book, 5 min ago | 1.44 bp | 23.4 bp −$23 | 46.7 bp −$467 | 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 | 34.769 | −0.004% | $3.4M | $38.7M | 20x | as long as short |
| Bybit MVLLUSDT | 0.0000% | 8h | 34.770 | 0.000% | $548K | $445K | 25x | as long as short |
| Gate MVLL_USDT | 0.0000% | 8h | 34.770 | 0.000% | $524K | $1.6M | 25x | as long as short |
| MEXC MVLL_USDTlong | 0.0000% | 8h | 34.770 | long leg | $4.9M | $1.3M | 20x | |
| Bitget MVLLUSDT | 0.0000% | 8h | 34.790 | +0.058% | $642K | $702K | 20x | as long as short |
| Phemex MVLLUSDT | 0.0000% | 8h | 34.780 | +0.029% | $1.8M | $1.1M | 10x | as long as short |
| OKX MVLL-USDT-SWAPshort | +0.0016% | 8h | 34.780 | +0.029% | $872K | $1.2M | 10x | |
| KuCoin MVLLUSDTM | +0.0100% | 8h | 34.750 | −0.058% | $188K | $685K | 20x | as long as short |
| HTX MVLL-USDT | +0.0100% | 8h | 34.780 | +0.029% | $9K | $262K | 10x | as long as short |
MEXC MVLL_USDT
OKX MVLL-USDT-SWAP
Binance MVLLUSDT
Bybit MVLLUSDT
Gate MVLL_USDT
Bitget MVLLUSDT
Phemex MVLLUSDT
KuCoin MVLLUSDTM
HTX MVLL-USDT