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: OKX against Phemex+0.030%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1231.226% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.030%, 7d avg +0.014%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex MVLLUSDT | 33.630 | 0 | get 0.0000% / 8h | 50m 40s | $1.7M | $1.2M | 10x |
| Short | OKX MVLL-USDT-SWAP | 33.640 | 0 | get 0.0000% / 8h | 50m 40s | $801K | $1.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.030% → +0.014%
- $1.62
- Slippage, 4 orders
- −$100.62
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$121
- Costs to cover
- 1.226%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; OKX: live order book, 1 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 | 46.9 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.97 bp | 16.3 bp −$16 | 45.6 bp −$456 | 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 | −0.1724% | 8h | 33.690 | +0.178% | $789K | $937K | 20x | as long as short |
| Binance MVLLUSDT | 0.0000% | 8h | 33.637 | +0.022% | $3.4M | $41.5M | 20x | as long as short |
| Bybit MVLLUSDT | 0.0000% | 8h | 33.640 | +0.030% | $510K | $427K | 25x | as long as short |
| OKX MVLL-USDT-SWAPshort | 0.0000% | 8h | 33.640 | +0.030% | $801K | $1.3M | 10x | |
| Gate MVLL_USDT | 0.0000% | 8h | 33.680 | +0.149% | $486K | $1.6M | 25x | as long as short |
| MEXC MVLL_USDT | 0.0000% | 8h | 33.640 | +0.030% | $4.5M | $1.4M | 20x | as long as short |
| Phemex MVLLUSDTlong | 0.0000% | 8h | 33.630 | long leg | $1.7M | $1.2M | 10x | |
| KuCoin MVLLUSDTM | +0.0100% | 8h | 33.630 | 0.000% | $181K | $491K | 20x | as long as short |
| HTX MVLL-USDT | +0.0100% | 8h | 33.630 | 0.000% | $8K | $269K | 10x | as long as short |
Phemex MVLLUSDT
OKX MVLL-USDT-SWAP
Bitget MVLLUSDT
Binance MVLLUSDT
Bybit MVLLUSDT
Gate MVLL_USDT
MEXC MVLL_USDT
KuCoin MVLLUSDTM
HTX MVLL-USDT