Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h −0.027%
Price spread now: Bybit against BingX−0.099%7-day average −0.076% · 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−$206as in the Price arb table
costs, in and out, $10k−$2042.036% of the position
Funding, last 7 days−0.167%−$17 on $10k
+Price spread, last 7 days−0.029%−$3 · spread now −0.099%, 7d avg −0.076%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.023% cheaper against BingX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.076%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MANTA-USDT | 0.07075 | 0.0132 | pay 0.0066% / 4h | 14m 46s | — | $1.5M | — |
| Short | Bybit MANTAUSDT | 0.07068 | 0.0100 | get 0.0050% / 4h | 14m 46s | $3.3M | $819K | 25x |
BingX MANTA-USDT
Bybit MANTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$6.72
- Price spread: −0.099% → −0.076%
- −$2.32
- Slippage, 4 orders
- −$182.56
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$212.6
- Costs to cover
- 2.036%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Bybit: 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 BingX live order book, 7 min ago | 4.25 bp | 23.1 bp −$23 | 56.5 bp −$565 | 604.7 bp −$60.5K | 804.7 bp −$402.3K |
| Sell Bybit live order book, 3 min ago | 3.54 bp | 72.6 bp −$73 | 593.5 bp −$5,935 | 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 | −0.3802% | 1h | 0.06984 | −1.286% | $2K | $40K | 5.5x | as long as short |
| Hyperliquid MANTA | +0.0100% | 1h | 0.07091 | +0.226% | $474K | $206K | 3x | as long as short |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07074 | −0.011% | $5K | $7K | 5x | as long as short |
| Binance MANTAUSDT | +0.0100% | 4h | 0.07075 | +0.007% | $5.5M | $4.5M | 50x | as long as short |
| Bybit MANTAUSDTshort | +0.0100% | 4h | 0.07068 | −0.099% | $3.3M | $819K | 25x | |
| Gate MANTA_USDT | +0.0100% | 4h | 0.07070 | −0.071% | $207K | $153K | 50x | as long as short |
| MEXC MANTA_USDT | +0.0100% | 4h | 0.07075 | 0.000% | $13.6M | $659K | 50x | as long as short |
| KuCoin MANTAUSDTM | +0.0100% | 4h | 0.07063 | −0.170% | $281K | $59K | 50x | as long as short |
| Variational Omni MANTA | +0.0100% | 4h | 0.07062 | −0.185% | $17K | $3K | — | as long as short |
| BloFin MANTA-USDT | +0.0107% | 4h | 0.07076 | +0.014% | $324K | $24K | 50x | as long as short |
Injective MANTA/USDC PERP
Hyperliquid MANTA
Aster MANTAUSDT
Binance 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MANTAUSDT | +0.0118% | 4h | 0.07077 | +0.028% | $3.2M | $413K | 50x | as long as short |
| BingX MANTA-USDTlong | +0.0132% | 4h | 0.07075 | long leg | — | $1.5M | — |
Bitget MANTAUSDT