Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Phemex−0.072%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1111.109% of the position
Funding, last 7 days+0.137%+$14 on $10k
+Price spread, last 4 days (all we have)−0.382%−$38 · spread now −0.072%, 7d avg −0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.047% cheaper against Phemex than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex MVLLUSDT | 32.840 | 0 | get 0.0000% / 8h | 7h 34m | $1.6M | $1.3M | 10x |
| Short | Binance MVLLUSDT | 32.816 | 0 | get 0.0000% / 8h | 7h 34m | $3.3M | $42.5M | 20x |
Phemex MVLLUSDT
Binance MVLLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Phemex. 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: −0.072% → −0.025%
- −$4.74
- Slippage, 4 orders
- −$88.91
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$115.65
- Costs to cover
- 1.109%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; Binance: live order book, 7 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 Phemex live order book, 3 min ago | 4.53 bp | 38.0 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 3.01 bp | 11.5 bp −$12 | 35.2 bp −$352 | 136.6 bp −$13.7K | 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 | −0.1432% | 8h | 32.840 | 0.000% | $820K | $994K | 20x | as long as short |
| Bybit MVLLUSDT | −0.0024% | 8h | 32.780 | −0.183% | $490K | $468K | 25x | as long as short |
| Binance MVLLUSDTshort | 0.0000% | 8h | 32.816 | −0.072% | $3.3M | $42.5M | 20x | |
| OKX MVLL-USDT-SWAP | 0.0000% | 8h | 32.730 | −0.335% | $771K | $1.3M | 10x | as long as short |
| Gate MVLL_USDT | 0.0000% | 8h | 32.860 | +0.061% | $477K | $1.6M | 25x | as long as short |
| MEXC MVLL_USDT | 0.0000% | 8h | 32.830 | −0.030% | $4.4M | $1.5M | 20x | as long as short |
| Phemex MVLLUSDTlong | 0.0000% | 8h | 32.840 | long leg | $1.6M | $1.3M | 10x | |
| KuCoin MVLLUSDTM | +0.0100% | 8h | 32.870 | +0.091% | $177K | $526K | 20x | as long as short |
| HTX MVLL-USDT | +0.0100% | 8h | 32.850 | +0.030% | $8K | $274K | 10x | as long as short |
Bitget MVLLUSDT
Bybit MVLLUSDT
OKX MVLL-USDT-SWAP
Gate MVLL_USDT
MEXC MVLL_USDT
KuCoin MVLLUSDTM
HTX MVLL-USDT