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: KuCoin against Phemex−0.030%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$224as in the Funding arb table
Net, price: spread back to 7d avg − costs−$242as in the Price arb table
costs, in and out, $10k−$2442.437% of the position
Funding, last 7 days+0.199%+$20 on $10k
+Price spread, last 4 days (all we have)+0.149%+$15 · spread now −0.030%, 7d avg −0.051%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.021% dearer against Phemex than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex MVLLUSDT | 33.650 | 0 | get 0.0000% / 8h | 5m 20s | $1.7M | $1.2M | 10x |
| Short | KuCoin MVLLUSDTM | 33.640 | 0.0100 | get 0.0100% / 8h | 5m 20s | $180K | $509K | 20x |
Phemex MVLLUSDT
KuCoin MVLLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.030% → −0.051%
- $2.11
- Slippage, 4 orders
- −$219.75
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$220.64
- Costs to cover
- 2.437%
- Break-even
- 80.5 days
Slippage from Phemex: live order book, 3 min ago; KuCoin: live order book, 28 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 | 2.97 bp | 51.6 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 28 min ago | 13.34 bp | 41.8 bp −$42 | 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 | −0.1505% | 8h | 33.700 | +0.149% | $812K | $967K | 20x | as long as short |
| Binance MVLLUSDT | 0.0000% | 8h | 33.650 | 0.000% | $3.4M | $41.5M | 20x | as long as short |
| Bybit MVLLUSDT | 0.0000% | 8h | 33.630 | −0.059% | $504K | $428K | 25x | as long as short |
| OKX MVLL-USDT-SWAP | 0.0000% | 8h | 33.680 | +0.089% | $800K | $1.3M | 10x | as long as short |
| Gate MVLL_USDT | 0.0000% | 8h | 33.660 | +0.030% | $498K | $1.6M | 25x | as long as short |
| MEXC MVLL_USDT | 0.0000% | 8h | 33.650 | 0.000% | $4.5M | $1.5M | 20x | as long as short |
| Phemex MVLLUSDTlong | 0.0000% | 8h | 33.650 | long leg | $1.7M | $1.2M | 10x | |
| KuCoin MVLLUSDTMshort | +0.0100% | 8h | 33.640 | −0.030% | $180K | $509K | 20x | |
| HTX MVLL-USDT | +0.0100% | 8h | 33.670 | +0.059% | $8K | $272K | 10x | as long as short |
Bitget MVLLUSDT
Binance MVLLUSDT
Bybit MVLLUSDT
OKX MVLL-USDT-SWAP
Gate MVLL_USDT
MEXC MVLL_USDT
HTX MVLL-USDT