Funding you earn now, next payment 00:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.46 per $10,000 · paid last 24h +0.024%
Price spread now: Bitget against OKX+0.043%7-day average +0.129% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$890.887% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now +0.043%, 7d avg +0.129%
=Funding pays, the price is against you. Bitget is 0.085% cheaper against OKX than usual: you would sell low and buy high (spread +0.043% now, against its 7-day average of +0.129%). If the spread goes back, that is −$9 on $10k: about 6.3 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 | 0.08541 | 0.0054 | pay 0.0054% / 8h | 32m 55s | $641K | $1.7M | 20x |
| Short | Bitget MANAUSDT | 0.08545 | 0.0100 | get 0.0100% / 8h | 32m 55s | $1.6M | $482K | 25x |
OKX MANA-USDT-SWAP
Bitget MANAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $9.56
- Price spread: +0.043% → +0.129%
- −$8.54
- Slippage, 4 orders
- −$66.7
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$87.68
- Costs to cover
- 0.887%
- Break-even
- 71.2 days
Slippage from OKX: live order book, 4 min ago; Bitget: 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 OKX live order book, 4 min ago | 2.93 bp | 22.4 bp −$22 | 110.2 bp −$1,102 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 5.50 bp | 16.4 bp −$16 | 49.7 bp −$497 | 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 | −0.0340% | 8h | 0.08532 | −0.111% | $83K | $3K | — | as long as short |
| Kraken Futures PF_MANAUSD | −0.0030% | 1h | 0.08544 | +0.030% | $95K | $57K | 20x | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | +0.457% | $1K | $279 | 5.5x | as long as short |
| BingX MANA-USDT | +0.0038% | 8h | 0.08543 | +0.023% | — | $2.4M | — | as long as short |
| OKX MANA-USDT-SWAPlong | +0.0054% | 8h | 0.08541 | long leg | $641K | $1.7M | 20x | |
| BloFin MANA-USDT | +0.0083% | 8h | 0.08546 | +0.059% | $172K | $42K | 20x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08542 | +0.013% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08543 | +0.023% | $3.4M | $5.1M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08532 | −0.105% | $2.8M | $815K | 75x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08534 | −0.082% | $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
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 | 0.08544 | +0.035% | $12.9M | $646K | 200x | as long as short |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08550 | +0.105% | $1.7M | $68K | 50x | as long as short |
| Bitget MANAUSDTshort | +0.0100% | 8h | 0.08545 | +0.043% | $1.6M | $482K | 25x |
MEXC MANA_USDT
KuCoin MANAUSDTM