Funding you earn now, next payment 00:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.087%
Price spread now: Kraken Futures against Injective−0.033%63s7-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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Kraken Futures is 0.033% cheaper against Injective than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 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 | 0m 11s | $1K | $279 | 5.5x |
| Short | Kraken Futures PF_MANAUSD | 0.08577 | −0.0030 | pay 0.0004% / 1h | 0m 11s | $95K | $60K | 20x |
Injective MANA/USDC PERP
Kraken Futures PF_MANAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$13.31
- Price spread: −0.033% → 0.000%
- −$3.27
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$26.6
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Kraken Futures: no order-book sample. 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 Kraken Futures no order-book sample | — | — | — | — | — |
Injective and Kraken Futures: 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 | −0.0275% | 8h | 0.08558 | −0.258% | $83K | $3K | — | as long as short |
| Kraken Futures PF_MANAUSDshort | −0.0030% | 1h | 0.08577 | −0.033% | $95K | $60K | 20x | |
| Injective MANA/USDC PERPlong | +0.0033% | 1h | 0.08580 | long leg | $1K | $279 | 5.5x | |
| BingX MANA-USDT | +0.0066% | 8h | 0.08580 | 0.000% | — | $2.4M | — | as long as short |
| OKX MANA-USDT-SWAP | +0.0099% | 8h | 0.08576 | −0.047% | $642K | $1.7M | 20x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08584 | +0.050% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08582 | +0.024% | $3.5M | $5.1M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08570 | −0.117% | $2.8M | $825K | 75x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08576 | −0.047% | $296K | $240K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08582 | +0.023% | $12.9M | $652K | 200x | as long as short |
Variational Omni MANA
BingX MANA-USDT
OKX MANA-USDT-SWAP
Aster MANAUSDT
Binance 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 | 0.08580 | 0.000% | $1.7M | $68K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08584 | +0.042% | $1.6M | $485K | 25x | as long as short |
| BloFin MANA-USDT | +0.0112% | 8h | 0.08570 | −0.117% | $171K | $43K | 20x | as long as short |
KuCoin MANAUSDTM
Bitget MANAUSDT
BloFin MANA-USDT