Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Bybit against Injective−0.982%108s7-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. Bybit is 0.982% cheaper against Injective than usual: you would sell low and buy high (spread −0.982% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$98 on $10k: about 49 days of funding at the current rate (+$2 a day). The two prices were read 108 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 | 0.08760 | 0.0033 | pay 0.0004% / 1h | 13m 25s | $901 | $1K | 5.5x |
| Short | Bybit MANAUSDT | 0.08674 | 0.0100 | get 0.0100% / 8h | 3h 13m | $2.8M | $884K | 75x |
Injective MANA/USDC PERP
Bybit MANAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.982% → 0.000%
- −$98.17
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$95.19
- Costs to cover
- 0.110%
- Break-even
- 54.6 days
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 4 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 Bybit live order book, 4 min ago | 4.03 bp | 24.4 bp −$24 | 124.9 bp −$1,249 | 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 | −0.0182% | 8h | 0.08675 | −0.971% | $85K | $3K | — | as long as short |
| Injective MANA/USDC PERPlong | +0.0033% | 1h | 0.08760 | long leg | $901 | $1K | 5.5x | |
| BingX MANA-USDT | +0.0070% | 8h | 0.08685 | −0.856% | — | $2.4M | — | as long as short |
| BloFin MANA-USDT | +0.0098% | 8h | 0.08693 | −0.765% | $171K | $69K | 20x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08696 | −0.734% | $8K | $6K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08693 | −0.765% | $3.5M | $5.7M | 75x | as long as short |
| Bybit MANAUSDTshort | +0.0100% | 8h | 0.08674 | −0.982% | $2.8M | $884K | 75x | |
| OKX MANA-USDT-SWAP | +0.0100% | 8h | 0.08685 | −0.856% | $620K | $1.9M | 20x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08685 | −0.856% | $307K | $343K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08693 | −0.765% | $13.2M | $697K | 200x | as long as short |
Variational Omni MANA
BingX MANA-USDT
BloFin MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
OKX MANA-USDT-SWAP
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 | 0.08690 | −0.799% | $1.7M | $71K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08693 | −0.764% | $1.6M | $489K | 25x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0355% | 1h | 0.08705 | −0.622% | $102K | $66K | 20x | as long as short |
KuCoin MANAUSDTM
Bitget MANAUSDT
Kraken Futures PF_MANAUSD