Funding arb · Price arb /

MVLL

RWAall MVLL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Bybit against OKX+0.060%7-day average −0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$1161.156% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.035%+$3 on $10k

Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.060%, 7d avg −0.017%

Together, before fees−0.076%−$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.077% dearer against OKX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX MVLL-USDT-SWAP	33.380	0	get 0.0000% / 8h	4h 08m	$750K	$2.7M	10x
Short	Bybit MVLLUSDT	33.400	0	get 0.0000% / 8h	4h 08m	$499K	$572K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee BybitbpOrdersPrice spread, now +0.060%Rate

Funding earned: $0
Price spread: +0.060% → −0.017%: $7.72
Slippage, 4 orders: −$94.59
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$107.88
Costs to cover: 1.156%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Bybit: live order book, 24 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 OKX live order book, 2 min ago	2.99 bp	19.7 bp −$20	59.1 bp −$591	doesn't fit	doesn't fit
Sell Bybit live order book, 24 min ago	5.95 bp	56.1 bp −$56	193.4 bp −$1,934	doesn't fit	doesn't fit

MVLL on 9 exchanges

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	33.427	+0.140%	$3.3M	$46.0M	20x	as long as short
Bybit MVLLUSDTshort	0.0000%	8h	33.400	+0.060%	$499K	$572K	25x
OKX MVLL-USDT-SWAPlong	0.0000%	8h	33.380	long leg	$750K	$2.7M	10x
Gate MVLL_USDT	0.0000%	8h	33.420	+0.120%	$520K	$1.7M	25x	as long as short
MEXC MVLL_USDT	0.0000%	8h	33.420	+0.120%	$4.7M	$1.6M	20x	as long as short
Bitget MVLLUSDT	0.0000%	8h	33.420	+0.120%	$997K	$1.4M	20x	as long as short
Phemex MVLLUSDT	0.0000%	8h	33.430	+0.150%	$1.7M	$1.3M	10x	as long as short
KuCoin MVLLUSDTM	+0.0100%	8h	33.440	+0.180%	$182K	$651K	20x	as long as short
HTX MVLL-USDT	+0.0100%	8h	33.470	+0.270%	$8K	$275K	10x	as long as short