Funding you earn now, next payment 12:00 UTC−0.0013%/8h= −1.5% APRnext payment −$0.07 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against KuCoin+0.181%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2302.298% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)+0.005%$0 · spread now +0.181%, 7d avg −0.024%
=The price spread pays, funding is against you. BloFin is 0.205% dearer against KuCoin than usual: you sell high and buy low (spread +0.181% now, against its 7-day average of −0.024%): +$21 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 51 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MMTUSDTM | 0.1658 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $591K | $74K | 50x |
| Short | BloFin MMT-USDT | 0.1661 | 0.0087 | get 0.0043% / 4h | 3h 44m | $391K | $10K | 50x |
KuCoin MMTUSDTM
BloFin MMT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- −$2.8
- Price spread: +0.181% → −0.024%
- $20.53
- Slippage, 4 orders
- −$205.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$212.02
- Costs to cover
- 2.298%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 50 min ago; BloFin: live order book, 31 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 KuCoin live order book, 50 min ago | 11.11 bp | 108.1 bp −$108 | 829.1 bp −$8,291 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 31 min ago | 6.02 bp | 18.2 bp −$18 | 50.0 bp −$500 | 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-USDTshort | +0.0087% | 4h | 0.1661 | +0.181% | $391K | $10K | 50x | |
| Aster MMTUSDT | +0.0100% | 4h | 0.1658 | +0.004% | $3K | $25K | 5x | as long as short |
| Binance MMTUSDT | +0.0100% | 4h | 0.1658 | −0.005% | $5.4M | $3.8M | 50x | as long as short |
| Bybit MMTUSDT | +0.0100% | 4h | 0.1657 | −0.054% | $1.5M | $798K | 25x | as long as short |
| OKX MMT-USDT-SWAP | +0.0100% | 4h | 0.1655 | −0.181% | $1.7M | $2.2M | 20x | as long as short |
| MEXC MMT_USDT | +0.0100% | 4h | 0.1657 | −0.060% | $445K | $149K | 20x | as long as short |
| KuCoin MMTUSDTMlong | +0.0100% | 4h | 0.1658 | long leg | $591K | $74K | 50x | |
| Bitget MMTUSDT | +0.0100% | 4h | 0.1658 | 0.000% | $1.4M | $431K | 50x | as long as short |
| BingX MMT-USDT | +0.0100% | 4h | 0.1657 | −0.060% | — | $6.5M | — | as long as short |
| Variational Omni MMT | +0.0100% | 4h | 0.1658 | +0.014% | $378 | $2K | — | as long as short |
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_USDT | +0.0180% | 8h | 0.1659 | +0.060% | $558K | $230K | 50x | as long as short |
Gate MMT_USDT