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

MANA

all MANA markets
SwapBacktest
Alert: funding
Alert: spread
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 Binance−0.252%7-day average −0.145% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$830.830% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 7 days+0.119%+$12 · spread now −0.252%, 7d avg −0.145%
Together, before fees+0.125%+$12 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: Bybit is 0.107% cheaper against Binance than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.145%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MANAUSDT0.087220.0100pay 0.0100% / 8h3h 32m$3.5M$5.5M75x
ShortBybit MANAUSDT0.087000.0100get 0.0100% / 8h3h 32m$2.8M$868K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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: −0.252% → −0.145%
−$10.67
Slippage, 4 orders
−$62.03
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$93.7
Costs to cover
0.830%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; Bybit: live order book, 5 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 Binance live order book, 5 min ago3.44 bp20.5 bp −$2058.6 bp −$586doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago4.02 bp27.5 bp −$28130.1 bp −$1,301doesn't fitdoesn't fit

MANA on 13 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
Variational Omni MANA−0.0149%8h0.08700−0.247%$85K$3Kas long as short
Injective MANA/USDC PERP+0.0033%1h0.08760+0.436%$901$1K5.5xas long as short
BingX MANA-USDT+0.0070%8h0.08715−0.080%$2.4Mas long as short
BloFin MANA-USDT+0.0074%8h0.08716−0.069%$171K$69K20xas long as short
Aster MANAUSDT+0.0100%8h0.08724+0.023%$8K$6K5xas long as short
Binance MANAUSDTlong+0.0100%8h0.08722long leg$3.5M$5.5M75x
Bybit MANAUSDTshort+0.0100%8h0.08700−0.252%$2.8M$868K75x
OKX MANA-USDT-SWAP+0.0100%8h0.08713−0.103%$622K$1.9M20xas long as short
Gate MANA_USDT+0.0100%8h0.08712−0.115%$311K$338K75xas long as short
MEXC MANA_USDT+0.0100%8h0.08723+0.011%$13.2M$694K200xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MANAUSDTM+0.0100%8h0.08720−0.023%$1.8M$69K50xas long as short
Bitget MANAUSDT+0.0100%8h0.08726+0.041%$1.6M$478K25xas long as short
Kraken Futures PF_MANAUSD+0.0354%1h0.08732+0.118%$103K$62K20xas long as short