Funding you earn now, next payment 00:00 UTC+0.0035%/8h= +3.9% APRnext payment +$0.35 per $10,000 · paid last 24h +0.026%
Price spread now: BloFin against BingX+0.082%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$710.714% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 3 days (all we have)−0.005%−$1 · spread now +0.082%, 7d avg +0.045%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.037% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MANA-USDT | 0.08540 | 0.0038 | pay 0.0038% / 8h | 28m 33s | — | $2.4M | — |
| Short | BloFin MANA-USDT | 0.08547 | 0.0073 | get 0.0073% / 8h | 28m 33s | $172K | $42K | 20x |
BingX MANA-USDT
BloFin MANA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $7.44
- Price spread: +0.082% → +0.045%
- $3.74
- Slippage, 4 orders
- −$49.44
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$60.26
- Costs to cover
- 0.714%
- Break-even
- 63.7 days
Slippage from BingX: live order book, 6 min ago; BloFin: live order book, 41 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 BingX live order book, 6 min ago | 4.69 bp | 19.3 bp −$19 | 48.8 bp −$488 | 510.1 bp −$51.0K | 1237.3 bp −$618.6K |
| Sell BloFin live order book, 41 min ago | 5.86 bp | 18.2 bp −$18 | 36.6 bp −$366 | doesn't fit | doesn't fit |
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 | −0.0329% | 8h | 0.08535 | −0.064% | $83K | $3K | — | as long as short |
| Kraken Futures PF_MANAUSD | −0.0030% | 1h | 0.08543 | +0.036% | $95K | $57K | 20x | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | +0.468% | $1K | $279 | 5.5x | as long as short |
| BingX MANA-USDTlong | +0.0038% | 8h | 0.08540 | long leg | — | $2.4M | — | |
| OKX MANA-USDT-SWAP | +0.0060% | 8h | 0.08537 | −0.035% | $641K | $1.7M | 20x | as long as short |
| BloFin MANA-USDTshort | +0.0073% | 8h | 0.08547 | +0.082% | $172K | $42K | 20x | |
| Aster MANAUSDT | +0.0100% | 8h | 0.08544 | +0.049% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08544 | +0.047% | $3.4M | $5.1M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08533 | −0.082% | $2.8M | $815K | 75x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08546 | +0.070% | $297K | $239K | 75x | as long as short |
Variational Omni MANA
Kraken Futures PF_MANAUSD
Injective MANA/USDC PERP
OKX MANA-USDT-SWAP
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
Gate MANA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MANA_USDT | +0.0100% | 8h | 0.08545 | +0.059% | $12.9M | $649K | 200x | as long as short |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08550 | +0.117% | $1.7M | $69K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08546 | +0.073% | $1.6M | $482K | 25x | as long as short |
MEXC MANA_USDT
KuCoin MANAUSDTM
Bitget MANAUSDT