Funding you earn now, next payment 08:00 UTC−0.0166%/8h= −18.2% APRnext payment −$0.83 per $10,000 · paid last 24h −0.027%
Price spread now: Gate against BingX−0.170%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1191.185% of the position
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.170%, 7d avg −0.011%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.158% cheaper against BingX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.011%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MANTA-USDT | 0.07068 | 0.0266 | pay 0.0133% / 4h | 1h 50m | — | $1.5M | — |
| Short | Gate MANTA_USDT | 0.07056 | 0.0100 | get 0.0050% / 4h | 1h 50m | $206K | $141K | 50x |
BingX MANTA-USDT
Gate MANTA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$34.86
- Price spread: −0.170% → −0.011%
- −$15.84
- Slippage, 4 orders
- −$93.5
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$169.2
- Costs to cover
- 1.185%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Gate: live order book, 50 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, 11 min ago | 5.64 bp | 23.0 bp −$23 | 67.9 bp −$679 | 521.3 bp −$52.1K | 768.8 bp −$384.4K |
| Sell Gate live order book, 50 min ago | 5.01 bp | 37.1 bp −$37 | doesn't fit | 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 | −0.4449% | 1h | 0.07013 | −0.778% | $2K | $40K | 5.5x | as long as short |
| BloFin MANTA-USDT | +0.0073% | 4h | 0.07067 | −0.014% | $325K | $23K | 50x | as long as short |
| Hyperliquid MANTA | +0.0100% | 1h | 0.07089 | +0.297% | $473K | $216K | 3x | as long as short |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07065 | −0.045% | $5K | $7K | 5x | as long as short |
| Binance MANTAUSDT | +0.0100% | 4h | 0.07074 | +0.085% | $5.5M | $4.6M | 50x | as long as short |
| Bybit MANTAUSDT | +0.0100% | 4h | 0.07061 | −0.099% | $3.3M | $841K | 25x | as long as short |
| Gate MANTA_USDTshort | +0.0100% | 4h | 0.07056 | −0.170% | $206K | $141K | 50x | |
| MEXC MANTA_USDT | +0.0100% | 4h | 0.07073 | +0.071% | $13.6M | $643K | 50x | as long as short |
| KuCoin MANTAUSDTM | +0.0100% | 4h | 0.07056 | −0.170% | $235K | $53K | 50x | as long as short |
| Variational Omni MANTA | +0.0100% | 4h | 0.07055 | −0.179% | $17K | $3K | — | as long as short |
Injective MANTA/USDC PERP
BloFin MANTA-USDT
Hyperliquid MANTA
Aster MANTAUSDT
Binance MANTAUSDT
Bybit MANTAUSDT
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 | +0.0254% | 4h | 0.07069 | +0.014% | $3.2M | $376K | 50x | as long as short |
| BingX MANTA-USDTlong | +0.0266% | 4h | 0.07068 | long leg | — | $1.5M | — |
Bitget MANTAUSDT