Funding you earn now, next payment 00:00 UTC+0.0085%/8h= +9.3% APRnext payment +$0.85 per $10,000 · paid last 24h +0.022%
Price spread now: Bybit against BingX−0.129%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$930.933% of the position
Funding, last 7 days+0.125%+$12 on $10k
+Price spread, last 7 days+0.034%+$3 · spread now −0.129%, 7d avg −0.093%
=Funding pays, the price is against you. Bybit is 0.036% cheaper against BingX than usual: you would sell low and buy high (spread −0.129% now, against its 7-day average of −0.093%). If the spread goes back, that is −$4 on $10k: about 34 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MANA-USDT | 0.08543 | 0.0015 | pay 0.0015% / 8h | 1h 56m | — | $2.4M | — |
| Short | Bybit MANAUSDT | 0.08532 | 0.0100 | get 0.0100% / 8h | 1h 56m | $2.8M | $797K | 75x |
BingX MANA-USDT
Bybit MANAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $17.85
- Price spread: −0.129% → −0.093%
- −$3.57
- Slippage, 4 orders
- −$72.28
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$79
- Costs to cover
- 0.933%
- Break-even
- 38.0 days
Slippage from BingX: live order book, 8 min ago; Bybit: live order book, 1 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, 8 min ago | 8.24 bp | 21.2 bp −$21 | 48.9 bp −$489 | 462.3 bp −$46.2K | 1338.1 bp −$669.0K |
| Sell Bybit live order book, 1 min ago | 1.18 bp | 21.4 bp −$21 | 61.4 bp −$614 | 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 | −0.0451% | 8h | 0.08483 | −0.706% | $83K | $3K | — | as long as short |
| BingX MANA-USDTlong | +0.0015% | 8h | 0.08543 | long leg | — | $2.4M | — | |
| OKX MANA-USDT-SWAP | +0.0017% | 8h | 0.08540 | −0.035% | $634K | $1.7M | 20x | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | +0.433% | $1K | $279 | 5.5x | as long as short |
| BloFin MANA-USDT | +0.0086% | 8h | 0.08505 | −0.445% | $171K | $41K | 20x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08536 | −0.084% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08545 | +0.024% | $3.4M | $4.9M | 75x | as long as short |
| Bybit MANAUSDTshort | +0.0100% | 8h | 0.08532 | −0.129% | $2.8M | $797K | 75x | |
| Gate MANA_USDT | +0.0100% | 8h | 0.08541 | −0.023% | $305K | $231K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08546 | +0.035% | $12.7M | $620K | 200x | as long as short |
Variational Omni MANA
OKX MANA-USDT-SWAP
Injective MANA/USDC PERP
BloFin MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
Gate MANA_USDT
MEXC MANA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08540 | −0.035% | $1.7M | $67K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08552 | +0.103% | $1.6M | $461K | 25x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0198% | 1h | 0.08519 | −0.278% | $97K | $53K | 20x | as long as short |
KuCoin MANAUSDTM
Bitget MANAUSDT
Kraken Futures PF_MANAUSD