Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.025%
Price spread now: BloFin against OKX+0.150%73s7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$800.800% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now +0.150%, 7d avg +0.070%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.080% dearer against OKX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.070%. The two prices were read 73 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 | OKX MANA-USDT-SWAP | 0.08657 | 0.0100 | pay 0.0100% / 8h | 5h 14m | $599K | $1.8M | 20x |
| Short | BloFin MANA-USDT | 0.08670 | 0.0122 | get 0.0122% / 8h | 5h 14m | $170K | $55K | 20x |
OKX MANA-USDT-SWAP
BloFin MANA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $4.52
- Price spread: +0.150% → +0.070%
- $7.97
- Slippage, 4 orders
- −$57.99
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$67.49
- Costs to cover
- 0.800%
- Break-even
- 111.4 days
Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 18 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, 3 min ago | 2.31 bp | 22.2 bp −$22 | 143.9 bp −$1,439 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 18 min ago | 2.89 bp | 17.4 bp −$17 | 44.2 bp −$442 | 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 | −0.0094% | 8h | 0.08665 | +0.090% | $85K | $3K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | −0.889% | $1K | $279 | 5.5x | as long as short |
| BingX MANA-USDT | +0.0070% | 8h | 0.08662 | +0.058% | — | $2.4M | — | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08665 | +0.092% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08664 | +0.081% | $3.4M | $5.4M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08650 | −0.081% | $2.8M | $860K | 75x | as long as short |
| OKX MANA-USDT-SWAPlong | +0.0100% | 8h | 0.08657 | long leg | $599K | $1.8M | 20x | |
| Gate MANA_USDT | +0.0100% | 8h | 0.08663 | +0.069% | $316K | $338K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08661 | +0.046% | $13.1M | $704K | 200x | as long as short |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08680 | +0.266% | $1.7M | $72K | 50x | as long as short |
Variational Omni MANA
Injective MANA/USDC PERP
BingX MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
Gate MANA_USDT
MEXC MANA_USDT
KuCoin MANAUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MANAUSDT | +0.0100% | 8h | 0.08673 | +0.185% | $1.6M | $492K | 25x | as long as short |
| BloFin MANA-USDTshort | +0.0122% | 8h | 0.08670 | +0.150% | $170K | $55K | 20x | |
| Kraken Futures PF_MANAUSD | +0.0128% | 1h | 0.08668 | +0.122% | $100K | $63K | 20x | as long as short |
Bitget MANAUSDT
Kraken Futures PF_MANAUSD