Funding you earn now, next payment 03:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h +0.108%
Price spread now: Injective against Kraken Futures−0.444%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 −$3 a day on $10k at the current rate, and Injective is 0.444% cheaper against Kraken Futures than usual: you would sell low and buy high (−$44 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 | Kraken Futures PF_MANAUSD | 0.08618 | 0.0129 | pay 0.0016% / 1h | 38m 07s | $99K | $61K | 20x |
| Short | Injective MANA/USDC PERP | 0.08580 | 0.0033 | get 0.0004% / 1h | 38m 07s | $1K | $279 | 5.5x |
Kraken Futures PF_MANAUSD
Injective MANA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$20.1
- Price spread: −0.444% → 0.000%
- −$44.37
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$74.49
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 55 min ago; Injective: 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 Kraken Futures live order book, 55 min ago | 8.71 bp | 46.9 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | −0.0114% | 8h | 0.08615 | −0.034% | $84K | $3K | — | as long as short |
| Injective MANA/USDC PERPshort | +0.0033% | 1h | 0.08580 | −0.444% | $1K | $279 | 5.5x | |
| BingX MANA-USDT | +0.0070% | 8h | 0.08603 | −0.177% | — | $2.4M | — | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08620 | +0.019% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08607 | −0.130% | $3.4M | $5.3M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08595 | −0.270% | $2.8M | $851K | 75x | as long as short |
| OKX MANA-USDT-SWAP | +0.0100% | 8h | 0.08604 | −0.165% | $593K | $1.8M | 20x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08615 | −0.038% | $304K | $245K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08608 | −0.119% | $13.0M | $679K | 200x | as long as short |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08620 | +0.020% | $1.7M | $72K | 50x | as long as short |
Variational Omni MANA
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 MANAUSDT | +0.0100% | 8h | 0.08617 | −0.019% | $1.6M | $483K | 25x | as long as short |
| BloFin MANA-USDT | +0.0128% | 8h | 0.08623 | +0.055% | $170K | $55K | 20x | as long as short |
| Kraken Futures PF_MANAUSDlong | +0.0129% | 1h | 0.08618 | long leg | $99K | $61K | 20x |
Bitget MANAUSDT
BloFin MANA-USDT