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

MMT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against OKX+0.181%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2292.294% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.329%−$33 · spread now +0.181%, 7d avg +0.073%
Together, before fees−0.327%−$33 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.108% dearer against OKX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.073%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MMT-USDT-SWAP0.16550.0100pay 0.0050% / 4h3h 44m$1.7M$2.2M20x
ShortKuCoin MMTUSDTM0.16580.0100get 0.0050% / 4h3h 44m$591K$74K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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
$0
Price spread: +0.181% → +0.073%
$10.82
Slippage, 4 orders
−$207.44
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$218.62
Costs to cover
2.294%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 50 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 OKX live order book, 2 min ago3.02 bp21.9 bp −$22124.3 bp −$1,243doesn't fitdoesn't fit
Sell KuCoin live order book, 50 min ago11.11 bp76.4 bp −$76685.3 bp −$6,853doesn'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
BloFin MMT-USDT+0.0087%4h0.1661+0.363%$391K$10K50xas long as short
Aster MMTUSDT+0.0100%4h0.1658+0.185%$3K$25K5xas long as short
Binance MMTUSDT+0.0100%4h0.1658+0.176%$5.4M$3.8M50xas long as short
Bybit MMTUSDT+0.0100%4h0.1657+0.127%$1.5M$798K25xas long as short
OKX MMT-USDT-SWAPlong+0.0100%4h0.1655long leg$1.7M$2.2M20x
MEXC MMT_USDT+0.0100%4h0.1657+0.121%$445K$149K20xas long as short
KuCoin MMTUSDTMshort+0.0100%4h0.1658+0.181%$591K$74K50x
Bitget MMTUSDT+0.0100%4h0.1658+0.181%$1.4M$431K50xas long as short
BingX MMT-USDT+0.0100%4h0.1657+0.121%$6.5Mas long as short
Variational Omni MMT+0.0100%4h0.1658+0.195%$378$2Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MMT_USDT+0.0180%8h0.1659+0.242%$558K$230K50xas long as short