Funding you earn now, next payment 04:00 UTC−0.0458%/8h= −50.2% APRpaid last 24h +0.120%
Price spread now: Bitget against Kraken Futures−0.172%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1161.158% of the position
Funding, last 7 days+0.523%+$52 on $10k
+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 −$14 a day on $10k at the current rate, and Bitget is 0.172% cheaper against Kraken Futures than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.523%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MANAUSD | 0.08703 | 0.0558 | pay 0.0070% / 1h | 2m 55s | $101K | $60K | 20x |
| Short | Bitget MANAUSDT | 0.08688 | 0.0100 | get 0.0100% / 8h | 4h 02m | $1.6M | $476K | 25x |
Kraken Futures PF_MANAUSD
Bitget MANAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Kraken Futures. 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
- −$96.19
- Price spread: −0.172% → 0.000%
- −$17.17
- Slippage, 4 orders
- −$93.77
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$229.12
- Costs to cover
- 1.158%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 20 min ago; Bitget: live order book, 4 min ago.
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 Kraken Futures live order book, 20 min ago | 5.78 bp | 36.2 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 7.21 bp | 29.4 bp −$29 | 64.6 bp −$646 | doesn't fit | doesn't fit |
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 | −0.0113% | 8h | 0.08650 | −0.607% | $84K | $3K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | −1.412% | $1K | $279 | 5.5x | as long as short |
| BingX MANA-USDT | +0.0070% | 8h | 0.08682 | −0.240% | — | $2.4M | — | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08688 | −0.167% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08690 | −0.146% | $3.5M | $5.5M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08674 | −0.331% | $2.8M | $857K | 75x | as long as short |
| OKX MANA-USDT-SWAP | +0.0100% | 8h | 0.08681 | −0.251% | $616K | $1.8M | 20x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08685 | −0.205% | $312K | $338K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08690 | −0.148% | $13.1M | $697K | 200x | as long as short |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08690 | −0.148% | $1.7M | $69K | 50x | as long as short |
Variational Omni MANA
Injective MANA/USDC PERP
BingX MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
OKX MANA-USDT-SWAP
Gate MANA_USDT
MEXC MANA_USDT
KuCoin MANAUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MANAUSDTshort | +0.0100% | 8h | 0.08688 | −0.172% | $1.6M | $476K | 25x | |
| BloFin MANA-USDT | +0.0101% | 8h | 0.08698 | −0.056% | $170K | $68K | 20x | as long as short |
| Kraken Futures PF_MANAUSDlong | +0.0558% | 1h | 0.08703 | long leg | $101K | $60K | 20x |
BloFin MANA-USDT