Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.10 per $10,000 · paid last 24h −0.004%
Price spread now: Gate against BloFin+0.059%63s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$220as 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−$2212.210% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 3 days (all we have)−0.161%−$16 · spread now +0.059%, 7d avg +0.021%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Gate is 0.038% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.021%. The two prices were read 63 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 | 0.08498 | 0.0090 | pay 0.0090% / 8h | 2h 51m | $172K | $41K | 20x |
| Short | Gate MANA_USDT | 0.08503 | 0.0100 | get 0.0100% / 8h | 2h 51m | $304K | $230K | 75x |
BloFin MANA-USDT
Gate MANA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $2.15
- Price spread: +0.059% → +0.021%
- $3.83
- Slippage, 4 orders
- −$194.01
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$215.02
- Costs to cover
- 2.210%
- Break-even
- 705.5 days
Slippage from BloFin: live order book, 30 min ago; Gate: live order book, 32 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, 30 min ago | 1.18 bp | 16.7 bp −$17 | 35.7 bp −$357 | doesn't fit | doesn't fit |
| Sell Gate live order book, 32 min ago | 8.23 bp | 104.1 bp −$104 | doesn't fit | 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 | −0.0454% | 8h | 0.08483 | −0.171% | $83K | $3K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | +0.965% | $1K | $279 | 5.5x | as long as short |
| BingX MANA-USDT | +0.0034% | 8h | 0.08503 | +0.059% | — | $2.4M | — | as long as short |
| OKX MANA-USDT-SWAP | +0.0053% | 8h | 0.08502 | +0.047% | $630K | $1.6M | 20x | as long as short |
| BloFin MANA-USDTlong | +0.0090% | 8h | 0.08498 | long leg | $172K | $41K | 20x | |
| Aster MANAUSDT | +0.0100% | 8h | 0.08508 | +0.120% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08509 | +0.126% | $3.4M | $4.9M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08492 | −0.071% | $2.7M | $757K | 75x | as long as short |
| Gate MANA_USDTshort | +0.0100% | 8h | 0.08503 | +0.059% | $304K | $230K | 75x | |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08510 | +0.141% | $12.6M | $655K | 200x | as long as short |
Variational Omni MANA
Injective MANA/USDC PERP
BingX MANA-USDT
OKX MANA-USDT-SWAP
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
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 | 0.08510 | +0.141% | $1.7M | $67K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08512 | +0.168% | $1.6M | $441K | 25x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0174% | 1h | 0.08515 | +0.204% | $98K | $51K | 20x | as long as short |
KuCoin MANAUSDTM
Bitget MANAUSDT
Kraken Futures PF_MANAUSD