MMT funding rates

MMT perpetual funding across 7 venues. Rates are annualized (APR); positive means longs pay shorts.

Data as of 2026-10-12 03:10 UTC · refreshed every 5 min

Best pair · 7d: 19.9%long Bybit, short Gate · net 13.1%
Highest funding now: 10.9%Aster
Lowest funding now: −24.8%BybitCEX
Listed on: 7 venues

Funding by venue

													Open
Aster	MMTUSDT	10.9%	10.9%	10.9%	10.9%	10.9%	100%	4h	04:00	0.1772	$3k	$9k	AsAster
BinanceCEX	MMTUSDT	10.9%	10.9%	10.9%	10.3%	10.9%	100%	4h	04:00	0.1772	$5.6M	$2.1M	BnBinance
BitgetCEX	MMTUSDT	10.9%	10.9%	10.9%	13.6%	10.9%	100%	4h	04:00	0.1771	$1.5M	$217k	BgBitget
GateCEX	MMT_USDT	10.9%	16.3%	26.2%	22.9%	27.9%	100%	8h	08:00	0.1771	$630k	$109k	GtGate
MEXCCEX	MMT_USDT	10.9%	10.9%	10.9%	10.6%	10.9%	100%	4h	04:00	0.1768	$280k	$130k	MxMEXC
Variational	MMT	10.9%	10.9%	10.9%	11.1%	10.9%	100%	4h	—	0.1773	$1k	$8k	VaVariational
BybitCEX	MMTUSDT	−24.8%	−0.9%	6.4%	2.8%	7.6%	85%	4h	04:00	0.1771	$1.9M	$352k	ByBybit

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
											Flags	Open	Calc
		Spread APR				After taker fees			Quality
BybitCEX	GateCEX	35.7%	17.3%	19.9%	20.1%	13.1%	19.6%	4.8d	steady	$630k	4h/8h	By Gt	calc
MEXCCEX	GateCEX	0.0%	5.4%	15.3%	12.4%	10.3%	15.5%	4.5d	cooling	$280k	4h/8h	Mx Gt	calc
BinanceCEX	GateCEX	0.0%	5.4%	15.3%	11.9%	8.8%	13.2%	6.0d	cooling	$630k	4h/8h	Bn Gt	calc
BitgetCEX	GateCEX	0.0%	5.4%	15.3%	9.3%	8.2%	12.4%	6.4d	cooling	$630k	4h/8h	Bg Gt	calc
Variational	GateCEX	0.0%	5.4%	15.3%	11.8%	11.4%	17.1%	3.6d	cooling	$1k	low OI4h/8hspread not incl.	Va Gt	calc
Aster	GateCEX	0.0%	5.4%	15.3%	12.1%	9.3%	13.9%	5.5d	cooling	$3k	low OI4h/8h	As Gt	calc
BybitCEX	Variational	35.7%	11.9%	4.6%	8.3%	1.7%	2.6%	8.8d	weak	$1k	low OIspread not incl.	By Va	calc
BybitCEX	MEXCCEX	35.7%	11.9%	4.6%	7.8%	0.7%	1.0%	12d	weak	$280k		By Mx	calc
BybitCEX	Aster	35.7%	11.9%	4.6%	8.1%	−0.4%	−0.6%	15d	weak	$3k	low OI	By As	calc
BybitCEX	BinanceCEX	35.7%	11.9%	4.6%	9.7%	−0.9%	−1.3%	17d	weak	$1.9M		By Bn	calc
BybitCEX	BitgetCEX	35.7%	11.9%	4.6%	10.8%	−1.4%	−2.1%	18d	weak	$1.5M		By Bg	calc

What the columns and badges mean

now: Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h: Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d: Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d: Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend: Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR: 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital: Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven: Days of 7d-average funding needed to pay back open+close taker fees.
Min OI: Smaller open interest of the two legs, USD.
steady: Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike: The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed: The spread was negative too often: not negative in only X% of hours over 7 days.
new: Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak: Prior-week spread under 5% APR: too small to call steady.
cooling: The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?: Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale: At least one leg has not updated for over 30 minutes.
low OI: Open interest under $50k on at least one leg — size carefully.
8h/1h: Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi: Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only: Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.: A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX: Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 03:10 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

No two venues give a usable spread right now.

MMT: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →	MEXC0.1768
MEXC0.1768	—

All quotes (7)

Venue	Bid	Ask	Quality	Age	Vol 24h	Flags
MEXCCEX	0.1768	0.1768	mark	8m	$130k	no FX
Aster	0.177244	0.177244	mark	13m	$9k	staleno FX
BinanceCEX	0.1772	0.1772	mark	13m	$2.1M	staleno FX
BitgetCEX	0.1771	0.1771	mark	13m	$217k	staleno FX
BybitCEX	0.1771	0.1771	mark	13m	$352k	staleno FX
GateCEX	0.1771	0.1771	mark	13m	$109k	staleno FX
Variational	0.177263	0.177263	mark	13m	$8k	stale

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

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