Funding you earn now, next payment 01:00 UTC+0.0037%/8h= +4.0% APRpaid last 24h −0.006%
Price spread now: BingX against Injective−0.245%72s7-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. BingX is 0.245% cheaper against Injective than usual: you would sell low and buy high (spread −0.245% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 22 days of funding at the current rate (+$1 a day). The two prices were read 72 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 | Injective MANA/USDC PERP | 0.08580 | 0.0033 | pay 0.0004% / 1h | 42m 05s | $1K | $279 | 5.5x |
| Short | BingX MANA-USDT | 0.08559 | 0.0070 | get 0.0070% / 8h | 7h 42m | — | $2.4M | — |
Injective MANA/USDC PERP
BingX MANA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $7.7
- Price spread: −0.245% → 0.000%
- −$24.48
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$26.8
- Costs to cover
- 0.100%
- Break-even
- 31.4 days
Slippage unknown: Injective: no order-book sample; BingX: live order book, 2 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 BingX live order book, 2 min ago | 6.43 bp | 20.0 bp −$20 | 50.1 bp −$501 | 370.2 bp −$37.0K | 1068.8 bp −$534.4K |
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 | −0.0257% | 8h | 0.08535 | −0.528% | $83K | $3K | — | as long as short |
| Kraken Futures PF_MANAUSD | −0.0246% | 1h | 0.08560 | −0.230% | $94K | $59K | 20x | as long as short |
| Injective MANA/USDC PERPlong | +0.0033% | 1h | 0.08580 | long leg | $1K | $279 | 5.5x | |
| BingX MANA-USDTshort | +0.0070% | 8h | 0.08559 | −0.245% | — | $2.4M | — | |
| BloFin MANA-USDT | +0.0075% | 8h | 0.08568 | −0.140% | $171K | $43K | 20x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08563 | −0.202% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08564 | −0.192% | $3.5M | $5.1M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08551 | −0.338% | $2.8M | $817K | 75x | as long as short |
| OKX MANA-USDT-SWAP | +0.0100% | 8h | 0.08557 | −0.268% | $640K | $1.7M | 20x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08561 | −0.221% | $295K | $235K | 75x | as long as short |
Variational Omni MANA
Kraken Futures PF_MANAUSD
BloFin MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
OKX MANA-USDT-SWAP
Gate MANA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MANA_USDT | +0.0100% | 8h | 0.08562 | −0.210% | $13.0M | $663K | 200x | as long as short |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08570 | −0.117% | $1.7M | $67K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08564 | −0.188% | $1.6M | $480K | 25x | as long as short |
MEXC MANA_USDT
KuCoin MANAUSDTM
Bitget MANAUSDT