Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.18 per $10,000 · paid last 24h +0.006%
Price spread now: BloFin against Bitget−0.138%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$840.840% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)+0.316%+$32 · spread now −0.138%, 7d avg −0.059%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.079% cheaper against Bitget than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.059%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MANAUSDT | 0.08693 | 0.0100 | pay 0.0100% / 8h | 5h 17m | $1.6M | $492K | 25x |
| Short | BloFin MANA-USDT | 0.08681 | 0.0082 | get 0.0082% / 8h | 5h 17m | $170K | $55K | 20x |
Bitget MANAUSDT
BloFin MANA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$3.78
- Price spread: −0.138% → −0.059%
- −$7.93
- Slippage, 4 orders
- −$60
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$95.71
- Costs to cover
- 0.840%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 15 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 Bitget live order book, 5 min ago | 3.85 bp | 22.6 bp −$23 | 57.3 bp −$573 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 15 min ago | 2.89 bp | 17.4 bp −$17 | 44.2 bp −$442 | 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 | −0.0102% | 8h | 0.08678 | −0.174% | $85K | $3K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | −1.300% | $1K | $279 | 5.5x | as long as short |
| BingX MANA-USDT | +0.0070% | 8h | 0.08679 | −0.161% | — | $2.4M | — | as long as short |
| BloFin MANA-USDTshort | +0.0082% | 8h | 0.08681 | −0.138% | $170K | $55K | 20x | |
| Aster MANAUSDT | +0.0100% | 8h | 0.08680 | −0.145% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08688 | −0.059% | $3.5M | $5.4M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08671 | −0.253% | $2.8M | $860K | 75x | as long as short |
| OKX MANA-USDT-SWAP | +0.0100% | 8h | 0.08666 | −0.311% | $599K | $1.8M | 20x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08681 | −0.138% | $316K | $338K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08686 | −0.081% | $13.2M | $703K | 200x | as long as short |
Variational Omni MANA
Injective MANA/USDC PERP
BingX MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
OKX MANA-USDT-SWAP
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 | 0.08680 | −0.150% | $1.7M | $72K | 50x | as long as short |
| Bitget MANAUSDTlong | +0.0100% | 8h | 0.08693 | long leg | $1.6M | $492K | 25x | |
| Kraken Futures PF_MANAUSD | +0.0128% | 1h | 0.08690 | −0.038% | $101K | $63K | 20x | as long as short |
KuCoin MANAUSDTM
Kraken Futures PF_MANAUSD