Funding you earn now, next payment 04:00 UTC−0.0148%/8h= −16.2% APRnext payment −$0.74 per $10,000 · paid last 24h −0.018%
Price spread now: BloFin against BingX+0.084%96s7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as 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−$970.972% of the position
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.084%, 7d avg +0.044%
=The price spread pays, funding is against you. BloFin is 0.040% dearer against BingX than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of +0.044%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.085% in total) that is about 3.3 days. The two prices were read 96 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 | BingX MANTA-USDT | 0.07101 | 0.0216 | pay 0.0108% / 4h | 1m 37s | — | $1.5M | — |
| Short | BloFin MANTA-USDT | 0.07107 | 0.0068 | get 0.0034% / 4h | 1m 37s | $326K | $23K | 50x |
BingX MANTA-USDT
BloFin MANTA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$31
- Price spread: +0.084% → +0.044%
- $4.01
- Slippage, 4 orders
- −$75.19
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$124.19
- Costs to cover
- 0.972%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 33 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, 5 min ago | 7.05 bp | 28.9 bp −$29 | 58.5 bp −$585 | 595.1 bp −$59.5K | 848.5 bp −$424.3K |
| Sell BloFin live order book, 33 min ago | 7.08 bp | 19.2 bp −$19 | 55.8 bp −$558 | 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 | −0.3997% | 1h | 0.07035 | −0.929% | $2K | $40K | 5.5x | as long as short |
| BloFin MANTA-USDTshort | +0.0068% | 4h | 0.07107 | +0.084% | $326K | $23K | 50x | |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07105 | +0.060% | $5K | $7K | 5x | as long as short |
| Binance MANTAUSDT | +0.0100% | 4h | 0.07115 | +0.196% | $5.6M | $4.5M | 50x | as long as short |
| Bybit MANTAUSDT | +0.0100% | 4h | 0.07101 | 0.000% | $3.3M | $830K | 25x | as long as short |
| Gate MANTA_USDT | +0.0100% | 4h | 0.07113 | +0.169% | $218K | $130K | 50x | as long as short |
| MEXC MANTA_USDT | +0.0100% | 4h | 0.07114 | +0.183% | $13.7M | $616K | 50x | as long as short |
| KuCoin MANTAUSDTM | +0.0100% | 4h | 0.07095 | −0.084% | $237K | $53K | 50x | as long as short |
| Variational Omni MANTA | +0.0100% | 4h | 0.07088 | −0.179% | $17K | $3K | — | as long as short |
| BingX MANTA-USDTlong | +0.0216% | 4h | 0.07101 | long leg | — | $1.5M | — |
Injective MANTA/USDC PERP
Aster MANTAUSDT
Binance MANTAUSDT
Bybit MANTAUSDT
Gate MANTA_USDT
MEXC MANTA_USDT
KuCoin MANTAUSDTM
Variational Omni MANTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MANTAUSDT | +0.0238% | 4h | 0.07124 | +0.324% | $3.2M | $396K | 50x | as long as short |
| Hyperliquid MANTA | +0.0384% | 1h | 0.07126 | +0.352% | $476K | $229K | 3x | as long as short |
Bitget MANTAUSDT
Hyperliquid MANTA