Funding you earn now, next payment 00:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.52 per $10,000 · paid last 24h +0.024%
Price spread now: Gate against OKX−0.035%7-day average +0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2332.331% of the position
Funding, last 7 days+0.128%+$13 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.035%, 7d avg +0.093%
=Funding pays, the price is against you. Gate is 0.129% cheaper against OKX than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of +0.093%). If the spread goes back, that is −$13 on $10k: about 8.2 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MANA-USDT-SWAP | 0.08498 | 0.0048 | pay 0.0048% / 8h | 2h 56m | $631K | $1.6M | 20x |
| Short | Gate MANA_USDT | 0.08495 | 0.0100 | get 0.0100% / 8h | 2h 56m | $304K | $230K | 75x |
OKX MANA-USDT-SWAP
Gate MANA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $11.01
- Price spread: −0.035% → +0.093%
- −$12.87
- Slippage, 4 orders
- −$208.07
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$234.92
- Costs to cover
- 2.331%
- Break-even
- 156.3 days
Slippage from OKX: live order book, 5 min ago; Gate: live order book, 27 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, 5 min ago | 0.59 bp | 20.6 bp −$21 | 111.3 bp −$1,113 | doesn't fit | doesn't fit |
| Sell Gate live order book, 27 min ago | 8.23 bp | 104.1 bp −$104 | doesn't fit | 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 | −0.0465% | 8h | 0.08495 | −0.040% | $83K | $3K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | +0.965% | $1K | $279 | 5.5x | as long as short |
| BingX MANA-USDT | +0.0034% | 8h | 0.08493 | −0.059% | — | $2.4M | — | as long as short |
| OKX MANA-USDT-SWAPlong | +0.0048% | 8h | 0.08498 | long leg | $631K | $1.6M | 20x | |
| BloFin MANA-USDT | +0.0098% | 8h | 0.08494 | −0.047% | $173K | $41K | 20x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08498 | −0.005% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08502 | +0.047% | $3.4M | $4.9M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08486 | −0.141% | $2.7M | $754K | 75x | as long as short |
| Gate MANA_USDTshort | +0.0100% | 8h | 0.08495 | −0.035% | $304K | $230K | 75x | |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08503 | +0.059% | $12.6M | $654K | 200x | as long as short |
Variational Omni MANA
Injective MANA/USDC PERP
BingX MANA-USDT
BloFin MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
MEXC MANA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08500 | +0.024% | $1.7M | $67K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08503 | +0.056% | $1.6M | $440K | 25x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0174% | 1h | 0.08507 | +0.103% | $98K | $51K | 20x | as long as short |
KuCoin MANAUSDTM
Bitget MANAUSDT
Kraken Futures PF_MANAUSD