Funding you earn now, next payment 00:00 UTC−0.0091%/8h= −10.0% APRnext payment −$0.91 per $10,000 · paid last 24h −0.024%
Price spread now: OKX against Bybit+0.094%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$890.891% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now +0.094%, 7d avg +0.062%
=The price spread pays, funding is against you. OKX is 0.031% dearer against Bybit than usual: you sell high and buy low (spread +0.094% now, against its 7-day average of +0.062%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MANAUSDT | 0.08523 | 0.0100 | pay 0.0100% / 8h | 1h 37m | $2.8M | $801K | 75x |
| Short | OKX MANA-USDT-SWAP | 0.08531 | 0.0009 | get 0.0009% / 8h | 1h 37m | $636K | $1.7M | 20x |
Bybit MANAUSDT
OKX MANA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$19.15
- Price spread: +0.094% → +0.062%
- $3.14
- Slippage, 4 orders
- −$68.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$105.11
- Costs to cover
- 0.891%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; OKX: live order book, 5 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 Bybit live order book, 5 min ago | 2.35 bp | 22.0 bp −$22 | 84.9 bp −$849 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.17 bp | 23.7 bp −$24 | 118.8 bp −$1,188 | 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 | −0.0444% | 8h | 0.08525 | +0.018% | $83K | $3K | — | as long as short |
| BingX MANA-USDT | +0.0002% | 8h | 0.08534 | +0.129% | — | $2.4M | — | as long as short |
| OKX MANA-USDT-SWAPshort | +0.0009% | 8h | 0.08531 | +0.094% | $636K | $1.7M | 20x | |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | +0.669% | $1K | $279 | 5.5x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08534 | +0.131% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08535 | +0.140% | $3.4M | $4.9M | 75x | as long as short |
| Bybit MANAUSDTlong | +0.0100% | 8h | 0.08523 | long leg | $2.8M | $801K | 75x | |
| Gate MANA_USDT | +0.0100% | 8h | 0.08536 | +0.153% | $303K | $233K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08534 | +0.129% | $12.7M | $622K | 200x | as long as short |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08540 | +0.199% | $1.7M | $66K | 50x | as long as short |
Variational Omni MANA
BingX MANA-USDT
Injective MANA/USDC PERP
Aster MANAUSDT
Binance 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 | 0.08539 | +0.192% | $1.6M | $463K | 25x | as long as short |
| BloFin MANA-USDT | +0.0123% | 8h | 0.08530 | +0.082% | $171K | $42K | 20x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0198% | 1h | 0.08542 | +0.224% | $98K | $55K | 20x | as long as short |
Bitget MANAUSDT
BloFin MANA-USDT
Kraken Futures PF_MANAUSD