Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.30 per $10,000 · paid last 24h −0.026%
Price spread now: BingX against Gate+0.070%7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1591.588% of the position
Funding, last 7 days−0.126%−$13 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.070%, 7d avg −0.064%
=The price spread pays, funding is against you. BingX is 0.133% dearer against Gate than usual: you sell high and buy low (spread +0.070% now, against its 7-day average of −0.064%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MANA_USDT | 0.08626 | 0.0100 | pay 0.0100% / 8h | 4h 54m | $311K | $336K | 75x |
| Short | BingX MANA-USDT | 0.08632 | 0.0070 | get 0.0070% / 8h | 4h 54m | — | $2.4M | — |
Gate MANA_USDT
BingX MANA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- −$6.3
- Price spread: +0.070% → −0.064%
- $13.31
- Slippage, 4 orders
- −$133.83
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$151.82
- Costs to cover
- 1.588%
- Break-even
- never at this rate
Slippage from Gate: live order book, just now; BingX: live order book, 9 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 Gate live order book, just now | 4.64 bp | 51.0 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 6.38 bp | 22.3 bp −$22 | 51.9 bp −$519 | 397.2 bp −$39.7K | 1147.6 bp −$573.8K |
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 | −0.0105% | 8h | 0.08630 | +0.047% | $84K | $3K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | −0.533% | $1K | $279 | 5.5x | as long as short |
| BingX MANA-USDTshort | +0.0070% | 8h | 0.08632 | +0.070% | — | $2.4M | — | |
| Aster MANAUSDT | +0.0100% | 8h | 0.08637 | +0.133% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08631 | +0.056% | $3.4M | $5.5M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08622 | −0.046% | $2.8M | $860K | 75x | as long as short |
| OKX MANA-USDT-SWAP | +0.0100% | 8h | 0.08620 | −0.070% | $610K | $1.8M | 20x | as long as short |
| Gate MANA_USDTlong | +0.0100% | 8h | 0.08626 | long leg | $311K | $336K | 75x | |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08632 | +0.070% | $13.1M | $690K | 200x | as long as short |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08640 | +0.162% | $1.7M | $72K | 50x | as long as short |
Variational Omni MANA
Injective MANA/USDC PERP
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
OKX MANA-USDT-SWAP
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 | 0.08638 | +0.136% | $1.6M | $490K | 25x | as long as short |
| BloFin MANA-USDT | +0.0118% | 8h | 0.08606 | −0.232% | $170K | $67K | 20x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0562% | 1h | 0.08644 | +0.209% | $100K | $62K | 20x | as long as short |
Bitget MANAUSDT
BloFin MANA-USDT
Kraken Futures PF_MANAUSD