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

MMT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0656%/8h= +71.8% APRpaid last 24h +0.105%
Price spread now: Gate against KuCoin0.000%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$263as in the Price arb table
costs, in and out, $10k−$2612.613% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.172%+$17 on $10k
Price spread, last 4 days (all we have)−0.054%−$5 · spread now 0.000%, 7d avg +0.018%
Together, before fees+0.119%+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$20 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.172% in total (about 9.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MMTUSDTM0.16810.0100pay 0.0050% / 4h1h 34m$609K$90K50x
ShortGate MMT_USDT0.16810.0756get 0.0756% / 8h5h 34m$564K$223K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$137.76
Price spread: 0.000% → +0.018%
−$1.77
Slippage, 4 orders
−$234.31
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$125.32
Costs to cover
2.613%
Break-even
13.4 days
Slippage from KuCoin: live order book, 64 min ago; Gate: live order book, 27 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, 64 min ago11.21 bp84.8 bp −$85525.8 bp −$5,258doesn't fitdoesn't fit
Sell Gate live order book, 27 min ago5.95 bp58.1 bp −$58doesn't fitdoesn'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%4h0.1681−0.005%$4K$31K5xas long as short
Binance MMTUSDT+0.0100%4h0.1681−0.010%$5.5M$4.1M50xas long as short
Bybit MMTUSDT+0.0100%4h0.1680−0.042%$1.5M$805K25xas long as short
OKX MMT-USDT-SWAP+0.0100%4h0.1677−0.238%$1.7M$2.5M20xas long as short
MEXC MMT_USDT+0.0100%4h0.1680−0.059%$495K$153K20xas long as short
KuCoin MMTUSDTMlong+0.0100%4h0.1681long leg$609K$90K50x
Bitget MMTUSDT+0.0100%4h0.16810.000%$1.4M$471K50xas long as short
BingX MMT-USDT+0.0100%4h0.1682+0.059%$6.5Mas long as short
Variational Omni MMT+0.0100%4h0.1679−0.138%$382$5Kas long as short
BloFin MMT-USDT+0.0126%4h0.1682+0.059%$392K$9K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MMT_USDTshort+0.0756%8h0.16810.000%$564K$223K50x