Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.17 per $10,000 · paid last 24h −0.006%
Price spread now: MEXC against BloFin+0.418%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$510.509% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)−0.571%−$57 · spread now +0.418%, 7d avg +0.004%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.414% dearer against BloFin than usual: you sell high and buy low: +$41 more if the spread goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MANA-USDT | 0.08620 | 0.0083 | pay 0.0083% / 8h | 5h 34m | $170K | $55K | 20x |
| Short | MEXC MANA_USDT | 0.08656 | 0.0100 | get 0.0100% / 8h | 5h 34m | $13.1M | $679K | 200x |
BloFin MANA-USDT
MEXC MANA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $3.64
- Price spread: +0.418% → +0.004%
- $41.38
- Slippage, 4 orders
- −$34.85
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$5.83
- Costs to cover
- 0.509%
- Break-even
- 18.2 days
Slippage from BloFin: live order book, 84 min ago; MEXC: live order book, 4 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, 84 min ago | 1.17 bp | 18.7 bp −$19 | 41.3 bp −$413 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.58 bp | 5.1 bp −$5 | 50.1 bp −$501 | 227.8 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 | −0.0114% | 8h | 0.08621 | +0.015% | $84K | $3K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | −0.464% | $1K | $279 | 5.5x | as long as short |
| BingX MANA-USDT | +0.0070% | 8h | 0.08646 | +0.302% | — | $2.4M | — | as long as short |
| BloFin MANA-USDTlong | +0.0083% | 8h | 0.08620 | long leg | $170K | $55K | 20x | |
| Aster MANAUSDT | +0.0100% | 8h | 0.08637 | +0.201% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08656 | +0.422% | $3.4M | $5.4M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08635 | +0.174% | $2.8M | $855K | 75x | as long as short |
| OKX MANA-USDT-SWAP | +0.0100% | 8h | 0.08637 | +0.197% | $598K | $1.8M | 20x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08661 | +0.476% | $341K | $245K | 75x | as long as short |
| MEXC MANA_USDTshort | +0.0100% | 8h | 0.08656 | +0.418% | $13.1M | $679K | 200x |
Variational Omni MANA
Injective MANA/USDC PERP
BingX MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
OKX MANA-USDT-SWAP
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 | 0.08670 | +0.580% | $1.7M | $72K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08651 | +0.365% | $1.6M | $492K | 25x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0129% | 1h | 0.08650 | +0.346% | $99K | $61K | 20x | as long as short |
KuCoin MANAUSDTM
Bitget MANAUSDT
Kraken Futures PF_MANAUSD