Funding you earn now, next payment 10:00 UTC−0.0424%/8h= −46.5% APRpaid last 24h +0.045%
Price spread now: MEXC against Kraken Futures−0.086%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.455%+$45 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 −$13 a day on $10k at the current rate, and MEXC is 0.086% cheaper against Kraken Futures than usual: you would sell low and buy high (−$9 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 +0.455%, 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 | 0.08592 | 0.0524 | pay 0.0066% / 1h | 19m 48s | $94K | $85K | 20x |
| Short | MEXC MANA_USDT | 0.08585 | 0.0100 | get 0.0100% / 8h | 6h 19m | $13.8M | $831K | 200x |
Kraken Futures PF_MANAUSD
MEXC MANA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$89.1
- Price spread: −0.086% → 0.000%
- −$8.6
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$111.7
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 2 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 2 min ago | 2.33 bp | 6.7 bp −$7 | 41.4 bp −$414 | 224.4 bp −$22.4K | doesn't fit |
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 exchanges
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 | −0.0219% | 8h | 0.08573 | −0.229% | $84K | $2K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08760 | +1.951% | $901 | $1K | 5.5x | as long as short |
| BingX MANA-USDT | +0.0070% | 8h | 0.08584 | −0.098% | — | $2.3M | — | as long as short |
| BloFin MANA-USDT | +0.0091% | 8h | 0.08601 | +0.100% | $169K | $57K | 20x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08594 | +0.016% | $7K | $6K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08586 | −0.074% | $3.5M | $5.6M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08576 | −0.191% | $2.8M | $904K | 75x | as long as short |
| OKX MANA-USDT-SWAP | +0.0100% | 8h | 0.08579 | −0.156% | $608K | $1.8M | 20x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08592 | −0.004% | $310K | $338K | 75x | as long as short |
| MEXC MANA_USDTshort | +0.0100% | 8h | 0.08585 | −0.086% | $13.8M | $831K | 200x |
Variational Omni MANA
Injective MANA/USDC PERP
BingX MANA-USDT
BloFin MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
OKX MANA-USDT-SWAP
Gate MANA_USDTShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08600 | +0.089% | $1.7M | $69K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08590 | −0.029% | $1.6M | $460K | 25x | as long as short |
| Kraken Futures PF_MANAUSDlong | +0.0524% | 1h | 0.08592 | long leg | $94K | $85K | 20x |
KuCoin MANAUSDTM
Bitget MANAUSDT