Funding you earn now, next payment 00:00 UTC+0.0171%/8h= +18.7% APRpaid last 24h +0.114%
Price spread now: Gate against BingX0.000%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1321.316% of the position
Funding, last 7 days+0.151%+$15 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now 0.000%, 7d avg +0.043%
=Funding pays, the price is against you. Gate is 0.043% cheaper against BingX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.043%). If the spread goes back, that is −$4 on $10k: about 20 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.151% in total) that is about 47 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MMT-USDT | 0.1660 | 0.0100 | pay 0.0050% / 4h | 10m 05s | — | $6.5M | — |
| Short | Gate MMT_USDT | 0.1660 | 0.0271 | get 0.0271% / 8h | 10m 05s | $560K | $269K | 50x |
BingX MMT-USDT
Gate MMT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- $35.91
- Price spread: 0.000% → +0.043%
- −$4.28
- Slippage, 4 orders
- −$106.57
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$99.94
- Costs to cover
- 1.316%
- Break-even
- 26.5 days
Slippage from BingX: live order book, 1 min ago; Gate: 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 BingX live order book, 1 min ago | 6.03 bp | 19.7 bp −$20 | 71.2 bp −$712 | 593.2 bp −$59.3K | 1089.1 bp −$544.5K |
| Sell Gate live order book, 1 min ago | 3.01 bp | 44.2 bp −$44 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MMT-USDT | +0.0086% | 4h | 0.1662 | +0.120% | $381K | $9K | 50x | as long as short |
| Aster MMTUSDT | +0.0100% | 4h | 0.1659 | −0.031% | $6K | $29K | 5x | as long as short |
| Binance MMTUSDT | +0.0100% | 4h | 0.1661 | +0.032% | $5.4M | $4.1M | 50x | as long as short |
| Bybit MMTUSDT | +0.0100% | 4h | 0.1658 | −0.108% | $1.4M | $772K | 25x | as long as short |
| OKX MMT-USDT-SWAP | +0.0100% | 4h | 0.1659 | −0.060% | $1.6M | $2.6M | 20x | as long as short |
| MEXC MMT_USDT | +0.0100% | 4h | 0.1659 | −0.060% | $486K | $160K | 20x | as long as short |
| KuCoin MMTUSDTM | +0.0100% | 4h | 0.1661 | +0.072% | $595K | $95K | 50x | as long as short |
| Bitget MMTUSDT | +0.0100% | 4h | 0.1661 | +0.060% | $1.4M | $482K | 50x | as long as short |
| BingX MMT-USDTlong | +0.0100% | 4h | 0.1660 | long leg | — | $6.5M | — | |
| Variational Omni MMT | +0.0100% | 4h | 0.1657 | −0.165% | $2K | $5K | — | as long as short |
BloFin MMT-USDT
Aster MMTUSDT
Binance MMTUSDT
Bybit MMTUSDT
OKX MMT-USDT-SWAP
MEXC MMT_USDT
KuCoin MMTUSDTM
Bitget MMTUSDT
Variational Omni MMTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MMT_USDTshort | +0.0271% | 8h | 0.1660 | 0.000% | $560K | $269K | 50x |