Funding you earn now, next payment 00:00 UTC−0.0041%/8h= −4.4% APRnext payment −$0.41 per $10,000 · paid last 24h −0.024%
Price spread now: OKX against Gate−0.070%7-day average −0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$229as in the Price arb table
costs, in and out, $10k−$2312.307% of the position
Funding, last 7 days−0.128%−$13 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now −0.070%, 7d avg −0.091%
=The price spread pays, funding is against you. OKX is 0.021% dearer against Gate than usual: you sell high and buy low (spread −0.070% now, against its 7-day average of −0.091%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 42 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MANA_USDT | 0.08546 | 0.0100 | pay 0.0100% / 8h | 30m 22s | $297K | $239K | 75x |
| Short | OKX MANA-USDT-SWAP | 0.08540 | 0.0059 | get 0.0059% / 8h | 30m 22s | $641K | $1.7M | 20x |
Gate MANA_USDT
OKX MANA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$8.53
- Price spread: −0.070% → −0.091%
- $2.12
- Slippage, 4 orders
- −$205.7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$237.11
- Costs to cover
- 2.307%
- Break-even
- never at this rate
Slippage from Gate: live order book, 45 min ago; OKX: live order book, 1 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, 45 min ago | 2.94 bp | 85.8 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.34 bp | 24.8 bp −$25 | 122.3 bp −$1,223 | 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 | −0.0329% | 8h | 0.08535 | −0.134% | $83K | $3K | — | as long as short |
| Kraken Futures PF_MANAUSD | −0.0030% | 1h | 0.08545 | −0.010% | $95K | $57K | 20x | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | +0.398% | $1K | $279 | 5.5x | as long as short |
| BingX MANA-USDT | +0.0038% | 8h | 0.08539 | −0.082% | — | $2.4M | — | as long as short |
| OKX MANA-USDT-SWAPshort | +0.0059% | 8h | 0.08540 | −0.070% | $641K | $1.7M | 20x | |
| BloFin MANA-USDT | +0.0091% | 8h | 0.08547 | +0.012% | $172K | $42K | 20x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08544 | −0.026% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08542 | −0.047% | $3.4M | $5.1M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08532 | −0.164% | $2.8M | $815K | 75x | as long as short |
| Gate MANA_USDTlong | +0.0100% | 8h | 0.08546 | long leg | $297K | $239K | 75x |
Variational Omni MANA
Kraken Futures PF_MANAUSD
Injective MANA/USDC PERP
BingX MANA-USDT
BloFin MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MANA_USDT | +0.0100% | 8h | 0.08542 | −0.047% | $12.9M | $646K | 200x | as long as short |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08550 | +0.047% | $1.7M | $69K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08544 | −0.026% | $1.6M | $482K | 25x | as long as short |
MEXC MANA_USDT
KuCoin MANAUSDTM
Bitget MANAUSDT