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

MMT

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SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.124%+$12 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MMTUSDT0.16530.0100pay 0.0050% / 4h1h 08m$1.4M$428K50x
ShortGate MMT_USDT0.16540.0124get 0.0124% / 8h1h 08m$555K$226K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago3.02 bp19.9 bp −$2096.5 bp −$965doesn't fitdoesn't fit
Sell Gate live order book, 33 min ago6.05 bp44.6 bp −$45doesn'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
BloFin MMT-USDT+0.0053%4h0.1654+0.060%$387K$10K50xas long as short
Aster MMTUSDT+0.0100%4h0.1653−0.014%$3K$25K5xas long as short
Binance MMTUSDT+0.0100%4h0.1653−0.030%$5.4M$3.9M50xas long as short
Bybit MMTUSDT+0.0100%4h0.1651−0.115%$1.5M$814K25xas long as short
OKX MMT-USDT-SWAP+0.0100%4h0.1650−0.181%$1.7M$2.3M20xas long as short
MEXC MMT_USDT+0.0100%4h0.1652−0.060%$446K$164K20xas long as short
KuCoin MMTUSDTM+0.0100%4h0.1653+0.012%$590K$75K50xas long as short
Bitget MMTUSDTlong+0.0100%4h0.1653long leg$1.4M$428K50x
BingX MMT-USDT+0.0100%4h0.1652−0.060%$6.5Mas long as short
Variational Omni MMT+0.0100%4h0.1652−0.079%$377$4Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MMT_USDTshort+0.0124%8h0.1654+0.060%$555K$226K50x