Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −4.0% APRnext payment −$0.18 per $10,000 · paid last 24h −0.006%
Price spread now: BloFin against MEXC0.000%64s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$810.809% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.085%−$8 · spread now 0.000%, 7d avg +0.021%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.021% cheaper against MEXC than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.021%). Swap the legs. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MMT_USDT | 0.1662 | 0.0100 | pay 0.0050% / 4h | 38m 05s | $447K | $157K | 20x |
| Short | BloFin MMT-USDT | 0.1662 | 0.0064 | get 0.0032% / 4h | 38m 05s | $389K | $11K | 50x |
MEXC MMT_USDT
BloFin MMT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- −$7.58
- Price spread: 0.000% → +0.021%
- −$2.09
- Slippage, 4 orders
- −$60.87
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$90.54
- Costs to cover
- 0.809%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 56 min ago; BloFin: live order book, 42 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 MEXC live order book, 56 min ago | 3.04 bp | 12.8 bp −$13 | 43.7 bp −$437 | 235.7 bp −$23.6K | 1011.9 bp −$506.0K |
| Sell BloFin live order book, 42 min ago | 9.05 bp | 27.2 bp −$27 | 61.5 bp −$615 | 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 | +0.0064% | 4h | 0.1662 | 0.000% | $389K | $11K | 50x | |
| Aster MMTUSDT | +0.0100% | 4h | 0.1661 | −0.037% | $3K | $25K | 5x | as long as short |
| Binance MMTUSDT | +0.0100% | 4h | 0.1663 | +0.057% | $5.5M | $3.9M | 50x | as long as short |
| Bybit MMTUSDT | +0.0100% | 4h | 0.1661 | −0.072% | $1.5M | $802K | 25x | as long as short |
| OKX MMT-USDT-SWAP | +0.0100% | 4h | 0.1660 | −0.120% | $1.7M | $2.2M | 20x | as long as short |
| MEXC MMT_USDTlong | +0.0100% | 4h | 0.1662 | long leg | $447K | $157K | 20x | |
| KuCoin MMTUSDTM | +0.0100% | 4h | 0.1662 | +0.018% | $593K | $75K | 50x | as long as short |
| Bitget MMTUSDT | +0.0100% | 4h | 0.1662 | 0.000% | $1.4M | $430K | 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 | 0.1664 | +0.101% | $379 | $2K | — | as long as short |
Aster MMTUSDT
Binance MMTUSDT
Bybit MMTUSDT
OKX MMT-USDT-SWAP
KuCoin MMTUSDTM
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 | +0.0183% | 8h | 0.1663 | +0.060% | $558K | $224K | 50x | as long as short |
Gate MMT_USDT