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: Bybit against MEXC−0.048%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$1921.924% of the position
Funding, last 7 days−0.281%−$28 on $10k
+Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.048%, 7d avg +0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.090% cheaper against MEXC than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MMT_USDT | 0.1652 | 0.0100 | pay 0.0050% / 4h | 2h 18m | $453K | $163K | 20x |
| Short | Bybit MMTUSDT | 0.1651 | 0.0100 | get 0.0050% / 4h | 2h 18m | $1.5M | $819K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.048% → +0.041%
- −$8.98
- Slippage, 4 orders
- −$173.37
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$201.34
- Costs to cover
- 1.924%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 21 min ago; Bybit: live order book, 2 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, 21 min ago | 3.03 bp | 9.1 bp −$9 | 45.1 bp −$451 | 239.3 bp −$23.9K | 885.8 bp −$442.9K |
| Sell Bybit live order book, 2 min ago | 6.06 bp | 76.7 bp −$77 | 2437.8 bp −$24.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MMTUSDT | +0.0100% | 4h | 0.1653 | +0.055% | $3K | $28K | 5x | as long as short |
| Binance MMTUSDT | +0.0100% | 4h | 0.1653 | +0.064% | $5.4M | $3.9M | 50x | as long as short |
| Bybit MMTUSDTshort | +0.0100% | 4h | 0.1651 | −0.048% | $1.5M | $819K | 25x | |
| OKX MMT-USDT-SWAP | +0.0100% | 4h | 0.1650 | −0.121% | $1.7M | $2.3M | 20x | as long as short |
| Gate MMT_USDT | +0.0100% | 8h | 0.1649 | −0.182% | $555K | $212K | 50x | as long as short |
| MEXC MMT_USDTlong | +0.0100% | 4h | 0.1652 | long leg | $453K | $163K | 20x | |
| KuCoin MMTUSDTM | +0.0100% | 4h | 0.1649 | −0.157% | $594K | $77K | 50x | as long as short |
| Bitget MMTUSDT | +0.0100% | 4h | 0.1651 | −0.061% | $1.4M | $435K | 50x | as long as short |
| BingX MMT-USDT | +0.0100% | 4h | 0.1652 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni MMT | +0.0100% | 4h | 0.1646 | −0.381% | $375 | $5K | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MMT-USDT | +0.0114% | 4h | 0.1650 | −0.121% | $387K | $9K | 50x | as long as short |
MEXC MMT_USDT
Bybit MMTUSDT
Aster MMTUSDT
Binance MMTUSDT
OKX MMT-USDT-SWAP
Gate MMT_USDT
KuCoin MMTUSDTM
Bitget MMTUSDT
BingX MMT-USDT
Variational Omni MMT
BloFin MMT-USDT