Funding you earn now, next payment 04:00 UTC−0.0208%/8h= −22.8% APRpaid last 24h −0.105%
Price spread now: KuCoin against Gate+0.060%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$275as in the Funding arb table
Net, price: spread back to 7d avg − costs−$250as in the Price arb table
costs, in and out, $10k−$2582.579% of the position
Funding, last 7 days−0.172%−$17 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.060%, 7d avg −0.017%
=The price spread pays, funding is against you. KuCoin is 0.078% dearer against Gate than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of −0.017%): +$8 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 30 hours. At the pace of the last 7 days (−0.172% in total) that is about 3.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MMT_USDT | 0.1660 | 0.0308 | pay 0.0308% / 8h | 4h 45m | $557K | $222K | 50x |
| Short | KuCoin MMTUSDTM | 0.1661 | 0.0100 | get 0.0050% / 4h | 45m 29s | $599K | $84K | 50x |
Gate MMT_USDT
KuCoin MMTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- −$43.68
- Price spread: +0.060% → −0.017%
- $7.76
- Slippage, 4 orders
- −$230.94
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$293.86
- Costs to cover
- 2.579%
- Break-even
- never at this rate
Slippage from Gate: live order book, 11 min ago; KuCoin: live order book, 38 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 Gate live order book, 11 min ago | 5.98 bp | 52.3 bp −$52 | 2417.3 bp −$24.2K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 38 min ago | 8.31 bp | 61.9 bp −$62 | 483.0 bp −$4,830 | 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 | +0.0068% | 4h | 0.1665 | +0.301% | $389K | $9K | 50x | as long as short |
| Aster MMTUSDT | +0.0100% | 4h | 0.1661 | +0.087% | $3K | $31K | 5x | as long as short |
| Binance MMTUSDT | +0.0100% | 4h | 0.1662 | +0.120% | $5.5M | $4.0M | 50x | as long as short |
| Bybit MMTUSDT | +0.0100% | 4h | 0.1660 | +0.024% | $1.5M | $795K | 25x | as long as short |
| OKX MMT-USDT-SWAP | +0.0100% | 4h | 0.1659 | −0.060% | $1.6M | $2.4M | 20x | as long as short |
| MEXC MMT_USDT | +0.0100% | 4h | 0.1660 | 0.000% | $486K | $153K | 20x | as long as short |
| KuCoin MMTUSDTMshort | +0.0100% | 4h | 0.1661 | +0.060% | $599K | $84K | 50x | |
| Bitget MMTUSDT | +0.0100% | 4h | 0.1661 | +0.060% | $1.4M | $437K | 50x | as long as short |
| BingX MMT-USDT | +0.0100% | 4h | 0.1661 | +0.060% | — | $6.5M | — | as long as short |
| Variational Omni MMT | +0.0100% | 4h | 0.1663 | +0.162% | $379 | $5K | — | as long as short |
BloFin MMT-USDT
Aster MMTUSDT
Binance MMTUSDT
Bybit MMTUSDT
OKX MMT-USDT-SWAP
MEXC MMT_USDT
Bitget MMTUSDT
BingX MMT-USDT
Variational Omni MMTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MMT_USDTlong | +0.0308% | 8h | 0.1660 | long leg | $557K | $222K | 50x |