Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Phemex against OKX0.000%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1581.583% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now 0.000%, 7d avg −0.011%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MVLL-USDT-SWAP | 33.720 | 0 | get 0.0000% / 8h | 1h 50m | $806K | $1.3M | 10x |
| Short | Phemex MVLLUSDT | 33.720 | 0 | get 0.0000% / 8h | 1h 50m | $1.7M | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: 0.000% → −0.011%
- $1.14
- Slippage, 4 orders
- −$136.31
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$157.17
- Costs to cover
- 1.583%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Phemex: live order book, 3 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, 1 min ago | 1.49 bp | 24.5 bp −$25 | 57.6 bp −$576 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 8.91 bp | 55.4 bp −$55 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MVLLUSDT | −0.1828% | 8h | 33.750 | +0.089% | $781K | $902K | 20x | as long as short |
| Binance MVLLUSDT | 0.0000% | 8h | 33.720 | 0.000% | $3.4M | $41.1M | 20x | as long as short |
| Bybit MVLLUSDT | 0.0000% | 8h | 33.660 | −0.178% | $511K | $441K | 25x | as long as short |
| OKX MVLL-USDT-SWAPlong | 0.0000% | 8h | 33.720 | long leg | $806K | $1.3M | 10x | |
| Gate MVLL_USDT | 0.0000% | 8h | 33.700 | −0.059% | $482K | $1.6M | 25x | as long as short |
| MEXC MVLL_USDT | 0.0000% | 8h | 33.710 | −0.030% | $4.5M | $1.4M | 20x | as long as short |
| Phemex MVLLUSDTshort | 0.0000% | 8h | 33.720 | 0.000% | $1.7M | $1.2M | 10x | |
| KuCoin MVLLUSDTM | +0.0100% | 8h | 33.660 | −0.178% | $181K | $506K | 20x | as long as short |
| HTX MVLL-USDT | +0.0100% | 8h | 33.710 | −0.030% | $9K | $266K | 10x | as long as short |
OKX MVLL-USDT-SWAP
Phemex MVLLUSDT
Bitget MVLLUSDT
Binance MVLLUSDT
Bybit MVLLUSDT
Gate MVLL_USDT
MEXC MVLL_USDT
KuCoin MVLLUSDTM
HTX MVLL-USDT