Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.027%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$2001.996% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.027%, 7d avg +0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.056% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MMTUSDT | 0.1648 | 0.0100 | pay 0.0050% / 4h | 1h 32m | $5.4M | $3.9M | 50x |
| Short | KuCoin MMTUSDTM | 0.1647 | 0.0100 | get 0.0050% / 4h | 1h 32m | $592K | $76K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.027% → +0.029%
- −$5.57
- Slippage, 4 orders
- −$177.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$205.13
- Costs to cover
- 1.996%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; KuCoin: live order book, 12 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 | 3.03 bp | 26.8 bp −$27 | 106.6 bp −$1,066 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 12 min ago | 9.68 bp | 71.5 bp −$71 | 843.6 bp −$8,436 | doesn't fit | 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 | 0.1647 | −0.056% | $3K | $28K | 5x | as long as short |
| Binance MMTUSDTlong | +0.0100% | 4h | 0.1648 | long leg | $5.4M | $3.9M | 50x | |
| Bybit MMTUSDT | +0.0100% | 4h | 0.1646 | −0.088% | $1.5M | $822K | 25x | as long as short |
| OKX MMT-USDT-SWAP | +0.0100% | 4h | 0.1645 | −0.173% | $1.6M | $2.3M | 20x | as long as short |
| MEXC MMT_USDT | +0.0100% | 4h | 0.1647 | −0.051% | $450K | $161K | 20x | as long as short |
| KuCoin MMTUSDTMshort | +0.0100% | 4h | 0.1647 | −0.027% | $592K | $76K | 50x | |
| Bitget MMTUSDT | +0.0100% | 4h | 0.1648 | +0.009% | $1.4M | $432K | 50x | as long as short |
| BingX MMT-USDT | +0.0100% | 4h | 0.1645 | −0.173% | — | $6.5M | — | as long as short |
| Variational Omni MMT | +0.0100% | 4h | 0.1644 | −0.220% | $375 | $5K | — | as long as short |
| BloFin MMT-USDT | +0.0112% | 4h | 0.1646 | −0.112% | $388K | $10K | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MMT_USDT | +0.0120% | 8h | 0.1647 | −0.051% | $554K | $224K | 50x | as long as short |
Binance MMTUSDT
KuCoin MMTUSDTM
Aster MMTUSDT
Bybit MMTUSDT
OKX MMT-USDT-SWAP
MEXC MMT_USDT
Bitget MMTUSDT
BingX MMT-USDT
Variational Omni MMT
BloFin MMT-USDT
Gate MMT_USDT