Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.045%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1751.753% of the position
Funding, last 7 days−0.298%−$30 on $10k
+Price spread, last 7 days+0.045%+$5 · spread now −0.045%, 7d avg +0.047%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.093% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MMTUSDT | 0.1662 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $5.4M | $4.1M | 50x |
| Short | Bybit MMTUSDT | 0.1661 | 0.0100 | get 0.0050% / 4h | 2h 30m | $1.5M | $765K | 25x |
Binance MMTUSDT
Bybit MMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.045% → +0.047%
- −$9.26
- Slippage, 4 orders
- −$154.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$184.61
- Costs to cover
- 1.753%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Bybit: 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 Binance live order book, 8 min ago | 3.03 bp | 19.9 bp −$20 | 98.4 bp −$984 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 6.02 bp | 62.3 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
MMT on 10 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 | 0.1660 | −0.101% | $4K | $28K | 5x | as long as short |
| Binance MMTUSDTlong | +0.0100% | 4h | 0.1662 | long leg | $5.4M | $4.1M | 50x | |
| Bybit MMTUSDTshort | +0.0100% | 4h | 0.1661 | −0.045% | $1.5M | $765K | 25x | |
| OKX MMT-USDT-SWAP | +0.0100% | 4h | 0.1659 | −0.166% | $1.6M | $2.5M | 20x | as long as short |
| MEXC MMT_USDT | +0.0100% | 4h | 0.1661 | −0.045% | $485K | $154K | 20x | as long as short |
| KuCoin MMTUSDTM | +0.0100% | 4h | 0.1662 | +0.003% | $596K | $94K | 50x | as long as short |
| Bitget MMTUSDT | +0.0100% | 4h | 0.1661 | −0.045% | $1.4M | $462K | 50x | as long as short |
| BingX MMT-USDT | +0.0100% | 4h | 0.1661 | −0.045% | — | $6.5M | — | as long as short |
| Variational Omni MMT | +0.0100% | 4h | 0.1661 | −0.061% | $2K | $4K | — | as long as short |
| Gate MMT_USDT | +0.0573% | 8h | 0.1661 | −0.045% | $559K | $240K | 50x | as long as short |
Aster MMTUSDT
OKX MMT-USDT-SWAP
MEXC MMT_USDT
KuCoin MMTUSDTM
Bitget MMTUSDT
BingX MMT-USDT
Variational Omni MMT
Gate MMT_USDT