Funding you earn now, next payment 00:00 UTC+0.0089%/8h= +9.7% APRnext payment +$0.89 per $10,000 · paid last 24h +0.022%
Price spread now: MEXC against BingX−0.070%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$600.604% of the position
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 7 days+0.124%+$12 · spread now −0.070%, 7d avg +0.052%
=Funding pays, the price is against you. MEXC is 0.122% cheaper against BingX than usual: you would sell low and buy high (spread −0.070% now, against its 7-day average of +0.052%). If the spread goes back, that is −$12 on $10k: about 4.6 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 | 0.08525 | 0.0011 | pay 0.0011% / 8h | 1h 52m | — | $2.4M | — |
| Short | MEXC MANA_USDT | 0.08519 | 0.0100 | get 0.0100% / 8h | 1h 52m | $12.7M | $621K | 200x |
BingX MANA-USDT
MEXC MANA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $18.69
- Price spread: −0.070% → +0.052%
- −$12.22
- Slippage, 4 orders
- −$46.41
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$53.94
- Costs to cover
- 0.604%
- Break-even
- 27.2 days
Slippage from BingX: live order book, 11 min ago; MEXC: live order book, 6 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, 11 min ago | 8.24 bp | 21.2 bp −$21 | 48.9 bp −$489 | 462.3 bp −$46.2K | 1338.1 bp −$669.0K |
| Sell MEXC live order book, 6 min ago | 1.18 bp | 7.1 bp −$7 | 53.8 bp −$538 | 228.2 bp −$22.8K | 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 | −0.0459% | 8h | 0.08527 | +0.021% | $83K | $3K | — | as long as short |
| BingX MANA-USDTlong | +0.0011% | 8h | 0.08525 | long leg | — | $2.4M | — | |
| OKX MANA-USDT-SWAP | +0.0012% | 8h | 0.08515 | −0.117% | $633K | $1.7M | 20x | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | +0.645% | $1K | $279 | 5.5x | as long as short |
| BloFin MANA-USDT | +0.0095% | 8h | 0.08547 | +0.258% | $171K | $42K | 20x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08540 | +0.175% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08519 | −0.070% | $3.4M | $4.9M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08507 | −0.211% | $2.8M | $800K | 75x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08540 | +0.176% | $305K | $231K | 75x | as long as short |
| MEXC MANA_USDTshort | +0.0100% | 8h | 0.08519 | −0.070% | $12.7M | $621K | 200x |
Variational Omni MANA
OKX MANA-USDT-SWAP
Injective MANA/USDC PERP
BloFin MANA-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08540 | +0.176% | $1.7M | $67K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08529 | +0.046% | $1.6M | $461K | 25x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0198% | 1h | 0.08536 | +0.131% | $98K | $54K | 20x | as long as short |
KuCoin MANAUSDTM
Bitget MANAUSDT
Kraken Futures PF_MANAUSD