Settings8H · net · $10k
Funding arb · Price arb /

MMT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0274%/8h= +30.0% APRpaid last 24h +0.105%
Price spread now: Gate against Binance+0.030%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1551.549% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.203%+$20 on $10k
Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.030%, 7d avg +0.048%
Together, before fees+0.039%+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MMTUSDT0.16700.0100pay 0.0050% / 4h53m 07s$5.5M$4.0M50x
ShortGate MMT_USDT0.16700.0374get 0.0374% / 8h4h 53m$561K$221K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$57.54
Price spread: +0.030% → +0.048%
−$1.79
Slippage, 4 orders
−$129.88
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$99.13
Costs to cover
1.549%
Break-even
19.1 days
Slippage from Binance: live order book, 15 min ago; Gate: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 15 min ago2.98 bp28.1 bp −$28149.1 bp −$1,491doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago5.98 bp49.4 bp −$49doesn't fitdoesn't fitdoesn't fit

MMT on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MMTUSDT+0.0100%4h0.1670+0.055%$3K$31K5xas long as short
Binance MMTUSDTlong+0.0100%4h0.1670long leg$5.5M$4.0M50x
Bybit MMTUSDT+0.0100%4h0.1669−0.024%$1.5M$796K25xas long as short
OKX MMT-USDT-SWAP+0.0100%4h0.1667−0.150%$1.6M$2.4M20xas long as short
MEXC MMT_USDT+0.0100%4h0.1668−0.090%$488K$152K20xas long as short
KuCoin MMTUSDTM+0.0100%4h0.1670+0.054%$602K$84K50xas long as short
Bitget MMTUSDT+0.0100%4h0.1669−0.030%$1.4M$435K50xas long as short
BingX MMT-USDT+0.0100%4h0.1669−0.030%$6.5Mas long as short
Variational Omni MMT+0.0100%4h0.1672+0.133%$381$5Kas long as short
BloFin MMT-USDT+0.0109%4h0.1673+0.210%$391K$9K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MMT_USDTshort+0.0374%8h0.1670+0.030%$561K$221K50x