Funding you earn now, next payment 00:00 UTC+0.0090%/8h= +9.9% APRnext payment +$0.90 per $10,000 · paid last 24h +0.022%
Price spread now: KuCoin against BingX+0.035%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1381.375% of the position
Funding, last 7 days+0.131%+$13 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now +0.035%, 7d avg +0.097%
=Funding pays, the price is against you. KuCoin is 0.062% cheaper against BingX than usual: you would sell low and buy high (spread +0.035% now, against its 7-day average of +0.097%). If the spread goes back, that is −$6 on $10k: about 2.3 days 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 | 0.08537 | 0.0010 | pay 0.0010% / 8h | 1h 10m | — | $2.4M | — |
| Short | KuCoin MANAUSDTM | 0.08540 | 0.0100 | get 0.0100% / 8h | 1h 10m | $1.7M | $67K | 50x |
BingX MANA-USDT
KuCoin MANAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $18.9
- Price spread: +0.035% → +0.097%
- −$6.22
- Slippage, 4 orders
- −$115.53
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$124.85
- Costs to cover
- 1.375%
- Break-even
- 53.2 days
Slippage from BingX: live order book, 3 min ago; KuCoin: live order book, just now.
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, 3 min ago | 4.69 bp | 19.1 bp −$19 | 47.2 bp −$472 | 609.2 bp −$60.9K | 1175.6 bp −$587.8K |
| Sell KuCoin live order book, just now | 5.85 bp | 55.4 bp −$55 | 252.7 bp −$2,527 | 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 | −0.0412% | 8h | 0.08504 | −0.387% | $83K | $3K | — | as long as short |
| BingX MANA-USDTlong | +0.0010% | 8h | 0.08537 | long leg | — | $2.4M | — | |
| OKX MANA-USDT-SWAP | +0.0017% | 8h | 0.08535 | −0.023% | $634K | $1.7M | 20x | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | +0.504% | $1K | $279 | 5.5x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08541 | +0.044% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08540 | +0.030% | $3.4M | $5.0M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08529 | −0.094% | $2.8M | $803K | 75x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08529 | −0.094% | $299K | $236K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08539 | +0.023% | $12.7M | $623K | 200x | as long as short |
| KuCoin MANAUSDTMshort | +0.0100% | 8h | 0.08540 | +0.035% | $1.7M | $67K | 50x |
Variational Omni MANA
OKX MANA-USDT-SWAP
Injective MANA/USDC PERP
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
Gate MANA_USDT
MEXC MANA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MANAUSDT | +0.0100% | 8h | 0.08541 | +0.050% | $1.6M | $463K | 25x | as long as short |
| BloFin MANA-USDT | +0.0116% | 8h | 0.08541 | +0.047% | $172K | $42K | 20x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0198% | 1h | 0.08538 | +0.016% | $97K | $56K | 20x | as long as short |
Bitget MANAUSDT
BloFin MANA-USDT
Kraken Futures PF_MANAUSD