Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Bybit−0.522%58s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.522% cheaper against Bybit than usual: you would sell low and buy high (−$52 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 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 | Bybit MANAUSDT | 0.08625 | 0.0100 | pay 0.0100% / 8h | 6h 30m | $2.8M | $840K | 75x |
| Short | Injective MANA/USDC PERP | 0.08580 | 0.0033 | get 0.0004% / 1h | 30m 22s | $1K | $279 | 5.5x |
Bybit MANAUSDT
Injective MANA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bybit. 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
- −$14
- Price spread: −0.522% → 0.000%
- −$52.17
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$77.19
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; Injective: no order-book sample. Net counts fees only.
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 Bybit live order book, 2 min ago | 2.90 bp | 23.9 bp −$24 | 61.1 bp −$611 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MANA on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MANAUSD | −0.0233% | 1h | 0.08655 | +0.345% | $100K | $62K | 20x | as long as short |
| Variational Omni MANA | −0.0158% | 8h | 0.08617 | −0.091% | $84K | $3K | — | as long as short |
| Injective MANA/USDC PERPshort | +0.0033% | 1h | 0.08580 | −0.522% | $1K | $279 | 5.5x | |
| BingX MANA-USDT | +0.0070% | 8h | 0.08630 | +0.058% | — | $2.4M | — | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08639 | +0.161% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08633 | +0.095% | $3.4M | $5.2M | 75x | as long as short |
| Bybit MANAUSDTlong | +0.0100% | 8h | 0.08625 | long leg | $2.8M | $840K | 75x | |
| OKX MANA-USDT-SWAP | +0.0100% | 8h | 0.08629 | +0.046% | $646K | $1.7M | 20x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08633 | +0.093% | $306K | $247K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08635 | +0.116% | $13.1M | $664K | 200x | as long as short |
Kraken Futures PF_MANAUSD
Variational Omni MANA
BingX MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
OKX MANA-USDT-SWAP
Gate MANA_USDT
MEXC MANA_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08640 | +0.174% | $1.7M | $70K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08640 | +0.172% | $1.6M | $496K | 25x | as long as short |
KuCoin MANAUSDTM
Bitget MANAUSDT