Funding you earn now, next payment 04:00 UTC−0.0284%/8h= −31.1% APRnext payment −$1.42 per $10,000 · paid last 24h −0.021%
Price spread now: Binance against BingX+0.046%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$950.950% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now +0.046%, 7d avg +0.038%
=The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.098% in total (about -5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.42 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 | BingX MANTA-USDT | 0.07126 | 0.0384 | pay 0.0192% / 4h | 2h 31m | — | $1.5M | — |
| Short | Binance MANTAUSDT | 0.07129 | 0.0100 | get 0.0050% / 4h | 2h 31m | $5.6M | $4.6M | 50x |
BingX MANTA-USDT
Binance MANTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$59.64
- Price spread: +0.046% → +0.038%
- $0.76
- Slippage, 4 orders
- −$74.99
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$153.87
- Costs to cover
- 0.950%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Binance: live order book, 7 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 BingX live order book, 6 min ago | 4.93 bp | 27.1 bp −$27 | 57.9 bp −$579 | 589.1 bp −$58.9K | 889.4 bp −$444.7K |
| Sell Binance live order book, 7 min ago | 2.82 bp | 20.7 bp −$21 | 85.7 bp −$857 | doesn't fit | doesn't fit |
MANTA on 11 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 | −0.3717% | 1h | 0.06996 | −1.824% | $2K | $40K | 5.5x | as long as short |
| Hyperliquid MANTA | +0.0100% | 1h | 0.07138 | +0.168% | $479K | $250K | 3x | as long as short |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07128 | +0.033% | $5K | $7K | 5x | as long as short |
| Binance MANTAUSDTshort | +0.0100% | 4h | 0.07129 | +0.046% | $5.6M | $4.6M | 50x | |
| Bybit MANTAUSDT | +0.0100% | 4h | 0.07124 | −0.028% | $3.4M | $852K | 25x | as long as short |
| Gate MANTA_USDT | +0.0100% | 4h | 0.07119 | −0.098% | $206K | $132K | 50x | as long as short |
| MEXC MANTA_USDT | +0.0100% | 4h | 0.07127 | +0.014% | $13.7M | $595K | 50x | as long as short |
| KuCoin MANTAUSDTM | +0.0100% | 4h | 0.07112 | −0.196% | $251K | $50K | 50x | as long as short |
| Variational Omni MANTA | +0.0100% | 4h | 0.07127 | +0.013% | $17K | $3K | — | as long as short |
| BingX MANTA-USDTlong | +0.0384% | 4h | 0.07126 | long leg | — | $1.5M | — |
Injective MANTA/USDC PERP
Hyperliquid MANTA
Aster MANTAUSDT
Bybit MANTAUSDT
Gate MANTA_USDT
MEXC MANTA_USDT
KuCoin MANTAUSDTM
Variational Omni MANTAShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MANTAUSDT | +0.0394% | 4h | 0.07143 | +0.239% | $3.2M | $415K | 50x | as long as short |
Bitget MANTAUSDT