Funding you earn now, next payment 00:00 UTC−0.0129%/8h= −14.1% APRnext payment −$1.29 per $10,000 · paid last 24h −0.026%
Price spread now: BingX against BloFin+0.059%111s7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$780.780% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 3 days (all we have)−0.173%−$17 · spread now +0.059%, 7d avg −0.046%
=The price spread pays, funding is against you. BingX is 0.104% dearer against BloFin than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of −0.046%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 7 days (−0.122% in total) that is about 6.0 days. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MANA-USDT | 0.08519 | 0.0129 | pay 0.0129% / 8h | 1h 43m | $171K | $41K | 20x |
| Short | BingX MANA-USDT | 0.08524 | 0 | get 0.0000% / 8h | 1h 43m | — | $2.4M | — |
BloFin MANA-USDT
BingX MANA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$27.14
- Price spread: +0.059% → −0.046%
- $10.44
- Slippage, 4 orders
- −$56.01
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$94.7
- Costs to cover
- 0.780%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 31 min ago; BingX: 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 BloFin live order book, 31 min ago | 0.59 bp | 15.7 bp −$16 | 34.1 bp −$341 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 5.87 bp | 19.9 bp −$20 | 52.5 bp −$525 | 391.2 bp −$39.1K | 1068.6 bp −$534.3K |
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 | −0.0456% | 8h | 0.08515 | −0.045% | $83K | $3K | — | as long as short |
| BingX MANA-USDTshort | 0.0000% | 8h | 0.08524 | +0.059% | — | $2.4M | — | |
| OKX MANA-USDT-SWAP | +0.0003% | 8h | 0.08523 | +0.047% | $635K | $1.7M | 20x | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | +0.716% | $1K | $279 | 5.5x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08522 | +0.035% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08526 | +0.084% | $3.4M | $4.9M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08519 | 0.000% | $2.8M | $801K | 75x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08519 | 0.000% | $303K | $233K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08529 | +0.117% | $12.7M | $621K | 200x | as long as short |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08520 | +0.012% | $1.7M | $67K | 50x | as long as short |
Variational Omni MANA
OKX MANA-USDT-SWAP
Injective MANA/USDC PERP
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
Gate MANA_USDT
MEXC MANA_USDT
KuCoin MANAUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MANAUSDT | +0.0100% | 8h | 0.08528 | +0.106% | $1.6M | $461K | 25x | as long as short |
| BloFin MANA-USDTlong | +0.0129% | 8h | 0.08519 | long leg | $171K | $41K | 20x | |
| Kraken Futures PF_MANAUSD | +0.0198% | 1h | 0.08524 | +0.060% | $98K | $54K | 20x | as long as short |
Bitget MANAUSDT
Kraken Futures PF_MANAUSD