Settings8H · net · $10k
Funding arb · Price arb /

MANA

all MANA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: KuCoin against Injective+1.632%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 1.632% dearer against Injective than usual: you sell high and buy low: +$163 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective MANA/USDC PERP0.085800.0033pay 0.0004% / 1h54m 45s$1K$2795.5x
ShortKuCoin MANAUSDTM0.087200.0100get 0.0100% / 8h3h 54m$1.8M$69K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Injective. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$14
Price spread: +1.632% → 0.000%
$163.17
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$165.15
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell KuCoin live order book, 1 min ago5.74 bp56.1 bp −$56192.8 bp −$1,928doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MANA−0.0127%8h0.08686+1.235%$85K$3Kas long as short
Injective MANA/USDC PERPlong+0.0033%1h0.08580long leg$1K$2795.5x
BingX MANA-USDT+0.0070%8h0.08711+1.527%$2.4Mas long as short
BloFin MANA-USDT+0.0076%8h0.08697+1.364%$170K$68K20xas long as short
Aster MANAUSDT+0.0100%8h0.08718+1.606%$8K$7K5xas long as short
Binance MANAUSDT+0.0100%8h0.08714+1.566%$3.5M$5.5M75xas long as short
Bybit MANAUSDT+0.0100%8h0.08701+1.410%$2.8M$861K75xas long as short
OKX MANA-USDT-SWAP+0.0100%8h0.08709+1.503%$618K$1.8M20xas long as short
Gate MANA_USDT+0.0100%8h0.08708+1.492%$312K$337K75xas long as short
MEXC MANA_USDT+0.0100%8h0.08714+1.562%$13.2M$692K200xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MANAUSDTMshort+0.0100%8h0.08720+1.632%$1.8M$69K50x
Bitget MANAUSDT+0.0100%8h0.08716+1.587%$1.6M$475K25xas long as short
Kraken Futures PF_MANAUSD+0.0354%1h0.08727+1.717%$102K$61K20xas long as short