Question 1

Which exchange has the highest MVLL funding rate right now?

Accepted Answer

Hotcoin shows the highest MVLL funding at +52.27% annualized. A high positive rate means shorts get paid, so this is the venue to short MVLL when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.

Question 2

Which exchange is best to long MVLL for funding?

Accepted Answer

WEEX has the lowest MVLL funding at -11.12% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.

Question 3

What is the best MVLL funding-arbitrage pair?

Accepted Answer

The widest spread is long WEEX / short Hotcoin at about 63.4% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does MVLL funding settle?

Accepted Answer

MVLL funding settles every 8h. Longer intervals concentrate the same annualized rate into fewer, larger payments. ORBIT normalizes every venue to a common APR so they are directly comparable.

Question 5

Is MVLL funding positive or negative?

Accepted Answer

MVLL funding is mixed across venues, ranging -11.12% to +52.27% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current MVLL perpetual swap funding rate?

Accepted Answer

The current MVLL perpetual swap funding rate ranges from -11.12% to +52.27% annualized depending on the exchange — WEEX is lowest and Hotcoin is highest right now. There is no single MVLL funding rate: every venue runs its own funding formula and order book, which is why the rate has to be read by exchange rather than as one number.

Question 7

What is the aggregated MVLL funding rate across exchanges?

Accepted Answer

Aggregated across the 13 venues ORBIT tracks, MVLL funding currently spans -11.12% to +52.27% APR, a spread of 63.4 percentage points. An aggregated average hides the part that matters for trading — the gap between the cheapest and dearest venue — so the table above lists each exchange separately.

Question 8

How do I read the MVLL 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle MVLL every 8 hours quote the per-payment rate, which is charged three times a day. Multiply an 8h rate by 3 to get the daily figure and by 1,095 to annualize it. ORBIT converts every venue — 1h, 4h and 8h alike — to a common APR so an 8h rate and a 1h rate can be compared directly.

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
HotcoinBest Short	+52.27%	8h	$620K	$36.8
Bitget	+44.82%	8h	$732K	$36.67
HTX	+10.96%	8h	$8K	$36.845
Bybit	+0.00%	8h	$685K	$36.79
OKX	+0.00%	8h	$728K	$36.74
Gate.io	+0.00%	8h	$504K	$36.84
KuCoin	+0.00%	8h	$193K	$36.85
MEXC	+0.00%	8h	$519K	$36.64
CoinW	+0.00%	8h	—	$36.82
LBank	+0.00%	8h	—	$36.82
Phemex	+0.00%	8h	$1.6M	$36.87
Bitunix	-1.29%	8h	—	$36.87
WEEXBest Long	-11.12%	8h	$0K	$36.79

MVLL Perpetual Swap Funding Rate by Exchange

How MVLL funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

MVLL funding rates explained

Frequently asked questions