Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h −0.006%
Price spread now: BloFin against Binance−0.181%71s7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$880.883% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.181%, 7d avg +0.002%
=Funding pays, the price is against you. BloFin is 0.183% cheaper against Binance than usual: you would sell low and buy high (spread −0.181% now, against its 7-day average of +0.002%). If the spread goes back, that is −$18 on $10k: about 44 days of funding at the current rate ($0 a day). The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MMTUSDT | 0.1653 | 0.0100 | pay 0.0050% / 4h | 2h 18m | $5.4M | $3.9M | 50x |
| Short | BloFin MMT-USDT | 0.1650 | 0.0114 | get 0.0057% / 4h | 2h 18m | $387K | $9K | 50x |
Binance MMTUSDT
BloFin MMT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $2.9
- Price spread: −0.181% → +0.002%
- −$18.31
- Slippage, 4 orders
- −$66.28
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$103.69
- Costs to cover
- 0.883%
- Break-even
- 257.5 days
Slippage from Binance: live order book, 5 min ago; BloFin: live order book, 7 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 Binance live order book, 5 min ago | 3.04 bp | 22.6 bp −$23 | 121.3 bp −$1,213 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 3.05 bp | 20.2 bp −$20 | 48.7 bp −$487 | 409.3 bp −$40.9K | doesn't fit |
MMT on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MMTUSDT | +0.0100% | 4h | 0.1654 | +0.031% | $3K | $28K | 5x | as long as short |
| Binance MMTUSDTlong | +0.0100% | 4h | 0.1653 | long leg | $5.4M | $3.9M | 50x | |
| Bybit MMTUSDT | +0.0100% | 4h | 0.1652 | −0.060% | $1.5M | $819K | 25x | as long as short |
| OKX MMT-USDT-SWAP | +0.0100% | 4h | 0.1650 | −0.181% | $1.7M | $2.3M | 20x | as long as short |
| Gate MMT_USDT | +0.0100% | 8h | 0.1652 | −0.060% | $556K | $212K | 50x | as long as short |
| MEXC MMT_USDT | +0.0100% | 4h | 0.1653 | 0.000% | $453K | $163K | 20x | as long as short |
| KuCoin MMTUSDTM | +0.0100% | 4h | 0.1649 | −0.218% | $594K | $77K | 50x | as long as short |
| Bitget MMTUSDT | +0.0100% | 4h | 0.1654 | +0.060% | $1.4M | $435K | 50x | as long as short |
| BingX MMT-USDT | +0.0100% | 4h | 0.1651 | −0.121% | — | $6.5M | — | as long as short |
| Variational Omni MMT | +0.0100% | 4h | 0.1646 | −0.441% | $375 | $5K | — | as long as short |
Aster MMTUSDT
Bybit MMTUSDT
OKX MMT-USDT-SWAP
Gate MMT_USDT
MEXC MMT_USDT
KuCoin MMTUSDTM
Bitget MMTUSDT
BingX MMT-USDT
Variational Omni MMTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MMT-USDTshort | +0.0114% | 4h | 0.1650 | −0.181% | $387K | $9K | 50x |