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: KuCoin against OKX−0.086%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2192.188% of the position
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 4 days (all we have)−0.082%−$8 · spread now −0.086%, 7d avg −0.063%
=Funding pays, the price is against you. KuCoin is 0.023% cheaper against OKX than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of −0.063%). If the spread goes back, that is −$2 on $10k: about 18 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MVLL-USDT-SWAP | 35.050 | 0 | get 0.0000% / 8h | 4h 13m | $871K | $1.2M | 10x |
| Short | KuCoin MVLLUSDTM | 35.020 | 0.0100 | get 0.0100% / 8h | 4h 13m | $187K | $587K | 20x |
OKX MVLL-USDT-SWAP
KuCoin MVLLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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: −0.086% → −0.063%
- −$2.27
- Slippage, 4 orders
- −$196.79
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$200.06
- Costs to cover
- 2.188%
- Break-even
- 73.7 days
Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 70 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, 3 min ago | 1.43 bp | 17.9 bp −$18 | 59.6 bp −$596 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 70 min ago | 14.30 bp | 96.7 bp −$97 | doesn't fit | 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 | 35.039 | −0.032% | $3.4M | $39.1M | 20x | as long as short |
| Bybit MVLLUSDT | 0.0000% | 8h | 35.020 | −0.086% | $519K | $430K | 25x | as long as short |
| OKX MVLL-USDT-SWAPlong | 0.0000% | 8h | 35.050 | long leg | $871K | $1.2M | 10x | |
| Gate MVLL_USDT | 0.0000% | 8h | 35.050 | 0.000% | $540K | $1.6M | 25x | as long as short |
| MEXC MVLL_USDT | 0.0000% | 8h | 35.040 | −0.029% | $4.4M | $1.4M | 20x | as long as short |
| Bitget MVLLUSDT | 0.0000% | 8h | 35.060 | +0.029% | $677K | $639K | 20x | as long as short |
| Phemex MVLLUSDT | 0.0000% | 8h | 35.030 | −0.057% | $1.8M | $1.1M | 10x | as long as short |
| KuCoin MVLLUSDTMshort | +0.0100% | 8h | 35.020 | −0.086% | $187K | $587K | 20x | |
| HTX MVLL-USDT | +0.0100% | 8h | 35.050 | 0.000% | $9K | $257K | 10x | as long as short |
Binance MVLLUSDT
Bybit MVLLUSDT
Gate MVLL_USDT
MEXC MVLL_USDT
Bitget MVLLUSDT
Phemex MVLLUSDT
HTX MVLL-USDT