Funding you earn now, next payment 22:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Binance against Injective−0.895%7-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
Funding pays, the price is against you. Binance is 0.895% cheaper against Injective than usual: you would sell low and buy high (spread −0.895% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$90 on $10k: about 45 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective MANA/USDC PERP | 0.08580 | 0.0033 | pay 0.0004% / 1h | 56m 36s | $1K | $279 | 5.5x |
| Short | Binance MANAUSDT | 0.08503 | 0.0100 | get 0.0100% / 8h | 2h 56m | $3.4M | $4.9M | 75x |
Injective MANA/USDC PERP
Binance MANAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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: −0.895% → 0.000%
- −$89.52
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$85.54
- Costs to cover
- 0.100%
- Break-even
- 49.8 days
Slippage unknown: Injective: no order-book sample; Binance: live order book, 11 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 11 min ago | 2.35 bp | 20.7 bp −$21 | 56.9 bp −$569 | doesn't fit | doesn't fit |
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 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 | −0.0465% | 8h | 0.08495 | −0.995% | $83K | $3K | — | as long as short |
| Injective MANA/USDC PERPlong | +0.0033% | 1h | 0.08580 | long leg | $1K | $279 | 5.5x | |
| BingX MANA-USDT | +0.0034% | 8h | 0.08496 | −0.979% | — | $2.4M | — | as long as short |
| OKX MANA-USDT-SWAP | +0.0048% | 8h | 0.08496 | −0.979% | $631K | $1.6M | 20x | as long as short |
| BloFin MANA-USDT | +0.0098% | 8h | 0.08494 | −1.002% | $173K | $41K | 20x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08498 | −0.958% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDTshort | +0.0100% | 8h | 0.08503 | −0.895% | $3.4M | $4.9M | 75x | |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08496 | −0.979% | $2.7M | $757K | 75x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08498 | −0.956% | $305K | $230K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08509 | −0.828% | $12.6M | $654K | 200x | as long as short |
Variational Omni MANA
BingX MANA-USDT
OKX MANA-USDT-SWAP
BloFin MANA-USDT
Aster MANAUSDT
Bybit MANAUSDT
Gate MANA_USDT
MEXC MANA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08500 | −0.932% | $1.7M | $67K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08507 | −0.845% | $1.6M | $440K | 25x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0174% | 1h | 0.08507 | −0.853% | $98K | $51K | 20x | as long as short |
KuCoin MANAUSDTM
Bitget MANAUSDT
Kraken Futures PF_MANAUSD