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

MMT

all MMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin+0.060%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$227as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$2272.271% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.105%−$11 · spread now +0.060%, 7d avg −0.014%
Together, before fees−0.104%−$10 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: Bitget is 0.074% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MMTUSDTM0.16620.0100pay 0.0050% / 4h2h 55m$600K$76K50x
ShortBitget MMTUSDT0.16630.0100get 0.0050% / 4h2h 55m$1.4M$433K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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% → −0.014%
$7.4
Slippage, 4 orders
−$203.11
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$219.7
Costs to cover
2.271%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bitget: live order book, 1 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 KuCoin live order book, 3 min ago10.58 bp94.0 bp −$94811.0 bp −$8,110doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago6.00 bp26.2 bp −$2698.2 bp −$982doesn'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
Aster MMTUSDT+0.0100%4h0.1663+0.044%$3K$28K5xas long as short
Binance MMTUSDT+0.0100%4h0.1665+0.181%$5.5M$3.9M50xas long as short
Bybit MMTUSDT+0.0100%4h0.1663+0.078%$1.5M$786K25xas long as short
OKX MMT-USDT-SWAP+0.0100%4h0.16620.000%$1.7M$2.3M20xas long as short
MEXC MMT_USDT+0.0100%4h0.1664+0.120%$457K$161K20xas long as short
KuCoin MMTUSDTMlong+0.0100%4h0.1662long leg$600K$76K50x
Bitget MMTUSDTshort+0.0100%4h0.1663+0.060%$1.4M$433K50x
BingX MMT-USDT+0.0100%4h0.1663+0.060%$6.5Mas long as short
Variational Omni MMT+0.0100%4h0.1664+0.103%$379$5Kas long as short
BloFin MMT-USDT+0.0112%4h0.1654−0.481%$224K$9K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MMT_USDT+0.0120%8h0.1663+0.060%$559K$208K50xas long as short