Funding you earn now, next payment 04:00 UTC+0.0378%/8h= +41.4% APRnext payment +$1.89 per $10,000 · paid last 24h +0.025%
Price spread now: Bitget against Binance+0.238%7-day average +0.167% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$880.885% of the position
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now +0.238%, 7d avg +0.167%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Bitget is 0.072% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.167%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.106% in total (about 5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.89 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MANTAUSDT | 0.07175 | 0.0100 | pay 0.0050% / 4h | 3h 19m | $5.6M | $4.5M | 50x |
| Short | Bitget MANTAUSDT | 0.07192 | 0.0478 | get 0.0239% / 4h | 3h 19m | $3.2M | $404K | 50x |
Binance MANTAUSDT
Bitget MANTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- $79.38
- Price spread: +0.238% → +0.167%
- $7.17
- Slippage, 4 orders
- −$66.46
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1.91
- Costs to cover
- 0.885%
- Break-even
- 7.2 days
Slippage from Binance: live order book, 4 min ago; Bitget: live order book, 3 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 Binance live order book, 4 min ago | 0.70 bp | 17.1 bp −$17 | 89.1 bp −$891 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 3.47 bp | 23.5 bp −$23 | 83.6 bp −$836 | doesn't fit | doesn't fit |
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 | −0.4515% | 1h | 0.07090 | −1.183% | $2K | $40K | 5.5x | as long as short |
| Hyperliquid MANTA | +0.0100% | 1h | 0.07189 | +0.197% | $543K | $210K | 3x | as long as short |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07175 | +0.004% | $5K | $8K | 5x | as long as short |
| Binance MANTAUSDTlong | +0.0100% | 4h | 0.07175 | long leg | $5.6M | $4.5M | 50x | |
| Bybit MANTAUSDT | +0.0100% | 4h | 0.07169 | −0.082% | $3.4M | $889K | 25x | as long as short |
| Gate MANTA_USDT | +0.0100% | 4h | 0.07170 | −0.068% | $208K | $125K | 50x | as long as short |
| MEXC MANTA_USDT | +0.0100% | 4h | 0.07174 | −0.012% | $13.8M | $584K | 50x | as long as short |
| KuCoin MANTAUSDTM | +0.0100% | 4h | 0.07171 | −0.054% | $284K | $40K | 50x | as long as short |
| Variational Omni MANTA | +0.0100% | 4h | 0.07170 | −0.071% | $17K | $2K | — | as long as short |
| BloFin MANTA-USDT | +0.0109% | 4h | 0.07179 | +0.057% | $324K | $19K | 50x | as long as short |
Injective MANTA/USDC PERP
Hyperliquid MANTA
Aster MANTAUSDT
Bybit MANTAUSDT
Gate MANTA_USDT
MEXC MANTA_USDT
KuCoin MANTAUSDTM
Variational Omni MANTA
BloFin MANTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MANTA-USDT | +0.0438% | 4h | 0.07171 | −0.054% | — | $1.5M | — | as long as short |
| Bitget MANTAUSDTshort | +0.0478% | 4h | 0.07192 | +0.238% | $3.2M | $404K | 50x |
BingX MANTA-USDT