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

MMT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget−0.060%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$780.785% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.031%−$3 on $10k
Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.060%, 7d avg −0.035%
Together, before fees−0.072%−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.026% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MMTUSDT0.16580.0100pay 0.0050% / 4h1h 57m$1.4M$365K50x
ShortMEXC MMT_USDT0.16570.0100get 0.0050% / 4h1h 57m$445K$138K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$0
Price spread: −0.060% → −0.035%
−$2.56
Slippage, 4 orders
−$58.48
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$81.04
Costs to cover
0.785%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; MEXC: live order book, 48 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, 2 min ago3.02 bp30.2 bp −$30123.2 bp −$1,232doesn't fitdoesn't fit
Sell MEXC live order book, 48 min ago3.02 bp12.1 bp −$1244.0 bp −$440200.8 bp −$20.1Kdoesn't fit

MMT on 11 exchanges

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%4h0.1658−0.029%$5K$26K5xas long as short
Binance MMTUSDT+0.0100%4h0.1657−0.060%$5.4M$3.4M50xas long as short
Bybit MMTUSDT+0.0100%4h0.1658−0.024%$1.5M$634K25xas long as short
OKX MMT-USDT-SWAP+0.0100%4h0.1654−0.241%$1.7M$2.0M20xas long as short
MEXC MMT_USDTshort+0.0100%4h0.1657−0.060%$445K$138K20x
KuCoin MMTUSDTM+0.0100%4h0.1658−0.012%$590K$62K50xas long as short
Bitget MMTUSDTlong+0.0100%4h0.1658long leg$1.4M$365K50x
BingX MMT-USDT+0.0100%4h0.16580.000%$6.5Mas long as short
Variational Omni MMT+0.0100%4h0.1658−0.023%$378$2Kas long as short
BloFin MMT-USDT+0.0127%4h0.1660+0.121%$393K$6K50xas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MMT_USDT+0.0314%8h0.1657−0.060%$563K$214K50xas long as short