Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Binance−0.844%77s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.844% cheaper against Binance than usual: you would sell low and buy high (−$84 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 77 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 | Binance MANAUSDT | 0.08653 | 0.0100 | pay 0.0100% / 8h | 4h 29m | $3.4M | $5.5M | 75x |
| Short | Injective MANA/USDC PERP | 0.08580 | 0.0033 | get 0.0004% / 1h | 29m 55s | $1K | $279 | 5.5x |
Binance MANAUSDT
Injective MANA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. 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
- −$14
- Price spread: −0.844% → 0.000%
- −$84.36
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$108.38
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 8 min ago; Injective: no order-book sample. Net counts fees only.
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 Binance live order book, 8 min ago | 1.75 bp | 16.7 bp −$17 | 54.7 bp −$547 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MANA on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MANA | −0.0107% | 8h | 0.08620 | −0.376% | $84K | $3K | — | as long as short |
| Injective MANA/USDC PERPshort | +0.0033% | 1h | 0.08580 | −0.844% | $1K | $279 | 5.5x | |
| BingX MANA-USDT | +0.0070% | 8h | 0.08652 | −0.012% | — | $2.4M | — | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08650 | −0.029% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDTlong | +0.0100% | 8h | 0.08653 | long leg | $3.4M | $5.5M | 75x | |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08642 | −0.127% | $2.8M | $861K | 75x | as long as short |
| OKX MANA-USDT-SWAP | +0.0100% | 8h | 0.08649 | −0.046% | $610K | $1.8M | 20x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08643 | −0.116% | $310K | $337K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08655 | +0.023% | $13.1M | $691K | 200x | as long as short |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08650 | −0.035% | $1.7M | $71K | 50x | as long as short |
Variational Omni MANA
BingX MANA-USDT
Aster MANAUSDT
Bybit MANAUSDT
OKX MANA-USDT-SWAP
Gate MANA_USDT
MEXC MANA_USDT
KuCoin MANAUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MANAUSDT | +0.0100% | 8h | 0.08660 | +0.083% | $1.6M | $490K | 25x | as long as short |
| BloFin MANA-USDT | +0.0115% | 8h | 0.08637 | −0.185% | $170K | $67K | 20x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0561% | 1h | 0.08660 | +0.086% | $100K | $61K | 20x | as long as short |
Bitget MANAUSDT
BloFin MANA-USDT
Kraken Futures PF_MANAUSD