Funding you earn now, next payment 00:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.40 per $10,000 · paid last 24h −0.024%
Price spread now: OKX against KuCoin−0.128%7-day average −0.139% · you buy dearer than you sell
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1581.585% of the position
Funding, last 7 days−0.128%−$13 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now −0.128%, 7d avg −0.139%
=The price spread sits at its 7-day average of −0.139%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MANAUSDTM | 0.08580 | 0.0100 | pay 0.0100% / 8h | 42m 56s | $1.7M | $67K | 50x |
| Short | OKX MANA-USDT-SWAP | 0.08569 | 0.0060 | get 0.0060% / 8h | 42m 56s | $643K | $1.7M | 20x |
KuCoin MANAUSDTM
OKX MANA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against KuCoin. 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
- −$8.41
- Price spread: −0.128% → −0.139%
- $1.12
- Slippage, 4 orders
- −$136.48
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$165.77
- Costs to cover
- 1.585%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; OKX: 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 KuCoin live order book, 3 min ago | 5.82 bp | 58.3 bp −$58 | 211.6 bp −$2,116 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.16 bp | 27.0 bp −$27 | 111.7 bp −$1,117 | 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 | −0.0344% | 8h | 0.08572 | −0.094% | $83K | $3K | — | as long as short |
| Kraken Futures PF_MANAUSD | −0.0030% | 1h | 0.08572 | −0.092% | $96K | $57K | 20x | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | 0.000% | $1K | $279 | 5.5x | as long as short |
| BingX MANA-USDT | +0.0036% | 8h | 0.08577 | −0.035% | — | $2.4M | — | as long as short |
| OKX MANA-USDT-SWAPshort | +0.0060% | 8h | 0.08569 | −0.128% | $643K | $1.7M | 20x | |
| BloFin MANA-USDT | +0.0092% | 8h | 0.08587 | +0.082% | $172K | $42K | 20x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08582 | +0.024% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08575 | −0.058% | $3.5M | $5.1M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08568 | −0.140% | $2.8M | $814K | 75x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08573 | −0.082% | $299K | $237K | 75x | as long as short |
Variational Omni MANA
Kraken Futures PF_MANAUSD
Injective MANA/USDC PERP
BingX MANA-USDT
BloFin MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
Gate MANA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MANA_USDT | +0.0100% | 8h | 0.08575 | −0.058% | $12.9M | $643K | 200x | as long as short |
| KuCoin MANAUSDTMlong | +0.0100% | 8h | 0.08580 | long leg | $1.7M | $67K | 50x | |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08580 | −0.003% | $1.6M | $478K | 25x | as long as short |
MEXC MANA_USDT
Bitget MANAUSDT