Funding arb · Price arb /

MANTA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against Aster+0.059%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.059% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MANTAUSDT	0.07124	0.0100	pay 0.0050% / 4h	54m 37s	$5K	$7K	5x
Short	Variational Omni MANTA	0.07128	0.0100	get 0.0050% / 4h	54m 37s	$17K	$3K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee Variational OmnibpOrdersPrice spread, now +0.059%Rate

Funding earned: $0
Price spread: +0.059% → 0.000%: $5.89
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$2.11
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Variational Omni: 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 Aster no order-book sample	—	—	—	—	—
Sell Variational Omni no order-book sample	—	—	—	—	—

Aster and Variational Omni: 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.

MANTA on 12 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
Injective MANTA/USDC PERP	−0.3997%	1h	0.07031	−1.300%	$2K	$40K	5.5x	as long as short
BloFin MANTA-USDT	+0.0100%	4h	0.07130	+0.089%	$328K	$23K	50x	as long as short
Aster MANTAUSDTlong	+0.0100%	4h	0.07124	long leg	$5K	$7K	5x
Binance MANTAUSDT	+0.0100%	4h	0.07123	−0.009%	$5.6M	$4.5M	50x	as long as short
Bybit MANTAUSDT	+0.0100%	4h	0.07125	+0.019%	$3.3M	$812K	25x	as long as short
Gate MANTA_USDT	+0.0100%	4h	0.07120	−0.051%	$218K	$129K	50x	as long as short
MEXC MANTA_USDT	+0.0100%	4h	0.07123	−0.009%	$13.7M	$602K	50x	as long as short
KuCoin MANTAUSDTM	+0.0100%	4h	0.07121	−0.037%	$237K	$53K	50x	as long as short
Variational Omni MANTAshort	+0.0100%	4h	0.07128	+0.059%	$17K	$3K	—
Bitget MANTAUSDT	+0.0254%	4h	0.07134	+0.146%	$3.2M	$396K	50x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MANTA-USDT	+0.0268%	4h	0.07124	+0.005%	—	$1.5M	—	as long as short
Hyperliquid MANTA	+0.0345%	1h	0.07137	+0.188%	$477K	$228K	3x	as long as short