Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin−0.089%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$345as in the Funding arb table
Net, price: spread back to 7d avg − costs−$320as in the Price arb table
costs, in and out, $10k−$3123.117% of the position
Funding, last 7 days−0.328%−$33 on $10k
+Price spread, last 4 days (all we have)+0.197%+$20 · spread now −0.089%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.082% cheaper against KuCoin than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MMTUSDTM | 0.1676 | 0.0100 | pay 0.0050% / 4h | 1h 37m | $607K | $89K | 50x |
| Short | Bybit MMTUSDT | 0.1675 | 0.0100 | get 0.0050% / 4h | 1h 37m | $1.5M | $803K | 25x |
KuCoin MMTUSDTM
Bybit MMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.089% → −0.007%
- −$8.23
- Slippage, 4 orders
- −$288.74
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$319.97
- Costs to cover
- 3.117%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 61 min ago; Bybit: live order book, 4 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, 61 min ago | 11.21 bp | 84.8 bp −$85 | 525.8 bp −$5,258 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.97 bp | 85.0 bp −$85 | 2708.4 bp −$27.1K | 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 | +0.0089% | 4h | 0.1676 | −0.030% | $389K | $9K | 50x | as long as short |
| Aster MMTUSDT | +0.0100% | 4h | 0.1676 | −0.030% | $4K | $31K | 5x | as long as short |
| Binance MMTUSDT | +0.0100% | 4h | 0.1676 | −0.030% | $5.5M | $4.1M | 50x | as long as short |
| Bybit MMTUSDTshort | +0.0100% | 4h | 0.1675 | −0.089% | $1.5M | $803K | 25x | |
| OKX MMT-USDT-SWAP | +0.0100% | 4h | 0.1673 | −0.209% | $1.7M | $2.5M | 20x | as long as short |
| MEXC MMT_USDT | +0.0100% | 4h | 0.1675 | −0.089% | $495K | $152K | 20x | as long as short |
| KuCoin MMTUSDTMlong | +0.0100% | 4h | 0.1676 | long leg | $607K | $89K | 50x | |
| Bitget MMTUSDT | +0.0100% | 4h | 0.1676 | −0.030% | $1.4M | $471K | 50x | as long as short |
| BingX MMT-USDT | +0.0100% | 4h | 0.1675 | −0.089% | — | $6.5M | — | as long as short |
| Variational Omni MMT | +0.0100% | 4h | 0.1682 | +0.309% | $384 | $5K | — | as long as short |
BloFin MMT-USDT
Aster MMTUSDT
Binance 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 | +0.0809% | 8h | 0.1677 | +0.030% | $563K | $223K | 50x | as long as short |
Gate MMT_USDT