Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Phemex+0.089%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2162.160% of the position
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.089%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.094% dearer against Phemex than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex MVLLUSDT | 33.700 | 0 | get 0.0000% / 8h | 1h 57m | $1.7M | $1.2M | 10x |
| Short | Bybit MVLLUSDT | 33.730 | 0 | get 0.0000% / 8h | 1h 57m | $512K | $441K | 25x |
Phemex MVLLUSDT
Bybit MVLLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.089% → −0.005%
- $9.39
- Slippage, 4 orders
- −$193.01
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$206.62
- Costs to cover
- 2.160%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 1 min ago; Bybit: live order book, 43 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, 1 min ago | 4.44 bp | 41.3 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 43 min ago | 4.49 bp | 54.4 bp −$54 | 191.3 bp −$1,913 | 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 | −0.1829% | 8h | 33.750 | +0.148% | $774K | $892K | 20x | as long as short |
| Binance MVLLUSDT | 0.0000% | 8h | 33.695 | −0.015% | $3.4M | $41.0M | 20x | as long as short |
| Bybit MVLLUSDTshort | 0.0000% | 8h | 33.730 | +0.089% | $512K | $441K | 25x | |
| OKX MVLL-USDT-SWAP | 0.0000% | 8h | 33.710 | +0.030% | $807K | $1.3M | 10x | as long as short |
| Gate MVLL_USDT | 0.0000% | 8h | 33.780 | +0.237% | $484K | $1.6M | 25x | as long as short |
| MEXC MVLL_USDT | 0.0000% | 8h | 33.720 | +0.059% | $4.5M | $1.4M | 20x | as long as short |
| Phemex MVLLUSDTlong | 0.0000% | 8h | 33.700 | long leg | $1.7M | $1.2M | 10x | |
| KuCoin MVLLUSDTM | +0.0100% | 8h | 33.730 | +0.089% | $181K | $510K | 20x | as long as short |
| HTX MVLL-USDT | +0.0100% | 8h | 33.710 | +0.030% | $9K | $266K | 10x | as long as short |
Bitget MVLLUSDT
Binance MVLLUSDT
OKX MVLL-USDT-SWAP
Gate MVLL_USDT
MEXC MVLL_USDT
KuCoin MVLLUSDTM
HTX MVLL-USDT