Funding you earn now, next payment 00:00 UTC+0.0038%/8h= +4.1% APRnext payment +$0.38 per $10,000 · paid last 24h +0.024%
Price spread now: Binance against OKX+0.008%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$770.771% of the position
Funding, last 7 days+0.111%+$11 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now +0.008%, 7d avg +0.078%
=Funding pays, the price is against you. Binance is 0.071% cheaper against OKX than usual: you would sell low and buy high (spread +0.008% now, against its 7-day average of +0.078%). If the spread goes back, that is −$7 on $10k: about 6.2 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MANA-USDT-SWAP | 0.08543 | 0.0062 | pay 0.0062% / 8h | 28m 11s | $641K | $1.7M | 20x |
| Short | Binance MANAUSDT | 0.08544 | 0.0100 | get 0.0100% / 8h | 28m 11s | $3.4M | $5.1M | 75x |
OKX MANA-USDT-SWAP
Binance MANAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $7.94
- Price spread: +0.008% → +0.078%
- −$7.06
- Slippage, 4 orders
- −$57.09
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$76.22
- Costs to cover
- 0.771%
- Break-even
- 74.2 days
Slippage from OKX: live order book, 4 min ago; Binance: live order book, 10 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 OKX live order book, 4 min ago | 2.34 bp | 20.2 bp −$20 | 108.7 bp −$1,087 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.58 bp | 16.6 bp −$17 | 55.7 bp −$557 | 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 | −0.0329% | 8h | 0.08535 | −0.099% | $83K | $3K | — | as long as short |
| Kraken Futures PF_MANAUSD | −0.0030% | 1h | 0.08546 | +0.039% | $95K | $58K | 20x | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | +0.433% | $1K | $279 | 5.5x | as long as short |
| BingX MANA-USDT | +0.0038% | 8h | 0.08541 | −0.023% | — | $2.4M | — | as long as short |
| OKX MANA-USDT-SWAPlong | +0.0062% | 8h | 0.08543 | long leg | $641K | $1.7M | 20x | |
| BloFin MANA-USDT | +0.0073% | 8h | 0.08547 | +0.047% | $172K | $42K | 20x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08543 | +0.006% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDTshort | +0.0100% | 8h | 0.08544 | +0.008% | $3.4M | $5.1M | 75x | |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08540 | −0.035% | $2.8M | $822K | 75x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08544 | +0.012% | $297K | $239K | 75x | as long as short |
Variational Omni MANA
Kraken Futures PF_MANAUSD
Injective MANA/USDC PERP
BingX MANA-USDT
BloFin MANA-USDT
Aster 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 | 0.08540 | −0.035% | $12.8M | $649K | 200x | as long as short |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08550 | +0.082% | $1.7M | $69K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08545 | +0.028% | $1.6M | $483K | 25x | as long as short |
MEXC MANA_USDT
KuCoin MANAUSDTM
Bitget MANAUSDT