Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against MEXC+0.669%55s7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Injective is 0.669% dearer against MEXC than usual: you sell high and buy low (spread +0.669% now, against zero (this spread has no 7-day history yet)): +$67 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 33 days. The two prices were read 55 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 | MEXC MANA_USDT | 0.08523 | 0.0100 | pay 0.0100% / 8h | 2h 32m | $12.7M | $656K | 200x |
| Short | Injective MANA/USDC PERP | 0.08580 | 0.0033 | get 0.0004% / 1h | 32m 25s | $1K | $279 | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against MEXC. 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
- −$14
- Price spread: +0.669% → 0.000%
- $66.88
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $48.86
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 1 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 MEXC live order book, 1 min ago | 3.52 bp | 8.7 bp −$9 | 52.9 bp −$529 | 228.5 bp −$22.9K | 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 | −0.0424% | 8h | 0.08498 | −0.297% | $83K | $3K | — | as long as short |
| Injective MANA/USDC PERPshort | +0.0033% | 1h | 0.08580 | +0.669% | $1K | $279 | 5.5x | |
| BingX MANA-USDT | +0.0046% | 8h | 0.08516 | −0.082% | — | $2.4M | — | as long as short |
| OKX MANA-USDT-SWAP | +0.0074% | 8h | 0.08516 | −0.082% | $632K | $1.6M | 20x | as long as short |
| BloFin MANA-USDT | +0.0075% | 8h | 0.08533 | +0.117% | $172K | $41K | 20x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08527 | +0.043% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08522 | −0.012% | $3.4M | $4.8M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08507 | −0.188% | $2.7M | $757K | 75x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08512 | −0.129% | $304K | $230K | 75x | as long as short |
| MEXC MANA_USDTlong | +0.0100% | 8h | 0.08523 | long leg | $12.7M | $656K | 200x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08530 | +0.082% | $1.7M | $67K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08524 | +0.015% | $1.6M | $445K | 25x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0173% | 1h | 0.08534 | +0.131% | $98K | $51K | 20x | as long as short |
MEXC MANA_USDT
Injective MANA/USDC PERP
Variational Omni MANA
BingX MANA-USDT
OKX MANA-USDT-SWAP
BloFin MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
Gate MANA_USDT
KuCoin MANAUSDTM
Bitget MANAUSDT
Kraken Futures PF_MANAUSD