Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h +0.105%
Price spread now: Gate against Bitget+0.060%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1481.481% of the position
Funding, last 7 days+0.172%+$17 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.060%, 7d avg +0.031%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.029% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MMTUSDT | 0.1653 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $1.4M | $428K | 50x |
| Short | Gate MMT_USDT | 0.1654 | 0.0124 | get 0.0124% / 8h | 1h 08m | $555K | $226K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $5.04
- Price spread: +0.060% → +0.031%
- $2.94
- Slippage, 4 orders
- −$121.1
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$140.12
- Costs to cover
- 1.481%
- Break-even
- 201.6 days
Slippage from Bitget: live order book, 3 min ago; Gate: live order book, 33 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 Bitget live order book, 3 min ago | 3.02 bp | 19.9 bp −$20 | 96.5 bp −$965 | doesn't fit | doesn't fit |
| Sell Gate live order book, 33 min ago | 6.05 bp | 44.6 bp −$45 | 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 | +0.0053% | 4h | 0.1654 | +0.060% | $387K | $10K | 50x | as long as short |
| Aster MMTUSDT | +0.0100% | 4h | 0.1653 | −0.014% | $3K | $25K | 5x | as long as short |
| Binance MMTUSDT | +0.0100% | 4h | 0.1653 | −0.030% | $5.4M | $3.9M | 50x | as long as short |
| Bybit MMTUSDT | +0.0100% | 4h | 0.1651 | −0.115% | $1.5M | $814K | 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 |
| MEXC MMT_USDT | +0.0100% | 4h | 0.1652 | −0.060% | $446K | $164K | 20x | as long as short |
| KuCoin MMTUSDTM | +0.0100% | 4h | 0.1653 | +0.012% | $590K | $75K | 50x | as long as short |
| Bitget MMTUSDTlong | +0.0100% | 4h | 0.1653 | long leg | $1.4M | $428K | 50x | |
| BingX MMT-USDT | +0.0100% | 4h | 0.1652 | −0.060% | — | $6.5M | — | as long as short |
| Variational Omni MMT | +0.0100% | 4h | 0.1652 | −0.079% | $377 | $4K | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MMT_USDTshort | +0.0124% | 8h | 0.1654 | +0.060% | $555K | $226K | 50x |
Bitget MMTUSDT
Gate MMT_USDT
BloFin MMT-USDT
Aster MMTUSDT
Binance MMTUSDT
Bybit MMTUSDT
OKX MMT-USDT-SWAP
MEXC MMT_USDT
KuCoin MMTUSDTM
BingX MMT-USDT
Variational Omni MMT