Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: HTX against Phemex+0.029%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1731.731% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.029%, 7d avg −0.062%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.090% dearer against Phemex than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex MVLLUSDT | 35.020 | 0 | get 0.0000% / 8h | 4h 13m | $1.8M | $1.1M | 10x |
| Short | HTX MVLL-USDT | 35.030 | 0.0100 | get 0.0100% / 8h | 4h 13m | $9K | $257K | 10x |
Phemex MVLLUSDT
HTX MVLL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $21
- Price spread: +0.029% → −0.062%
- $9.04
- Slippage, 4 orders
- −$149.09
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$143.04
- Costs to cover
- 1.731%
- Break-even
- 54.7 days
Slippage from Phemex: live order book, 5 min ago; HTX: 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, 5 min ago | 2.85 bp | 40.2 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 43 min ago | 11.35 bp | 44.0 bp −$44 | 105.3 bp −$1,053 | 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 | 35.020 | 0.000% | $3.4M | $39.1M | 20x | as long as short |
| Bybit MVLLUSDT | 0.0000% | 8h | 35.020 | 0.000% | $519K | $430K | 25x | as long as short |
| OKX MVLL-USDT-SWAP | 0.0000% | 8h | 35.030 | +0.029% | $871K | $1.2M | 10x | as long as short |
| Gate MVLL_USDT | 0.0000% | 8h | 35.030 | +0.029% | $540K | $1.6M | 25x | as long as short |
| MEXC MVLL_USDT | 0.0000% | 8h | 35.030 | +0.029% | $4.4M | $1.4M | 20x | as long as short |
| Bitget MVLLUSDT | 0.0000% | 8h | 35.040 | +0.057% | $677K | $639K | 20x | as long as short |
| Phemex MVLLUSDTlong | 0.0000% | 8h | 35.020 | long leg | $1.8M | $1.1M | 10x | |
| KuCoin MVLLUSDTM | +0.0100% | 8h | 35.020 | 0.000% | $187K | $587K | 20x | as long as short |
| HTX MVLL-USDTshort | +0.0100% | 8h | 35.030 | +0.029% | $9K | $257K | 10x |
Binance MVLLUSDT
Bybit MVLLUSDT
OKX MVLL-USDT-SWAP
Gate MVLL_USDT
MEXC MVLL_USDT
Bitget MVLLUSDT
KuCoin MVLLUSDTM