Funding you earn now, next payment 01:00 UTC−0.4953%/8h= −542.3% APRpaid last 24h −1.218%
Price spread now: Injective against BingX−1.074%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.376%−$238 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$149 a day on $10k at the current rate, and Injective is 1.074% cheaper against BingX than usual: you would sell low and buy high (−$107 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -2.376% in total (about -123.9% a year). A funding rate is set anew for every payment. 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 | 0.07167 | 0.0438 | pay 0.0219% / 4h | 3h 18m | — | $1.5M | — |
| Short | Injective MANTA/USDC PERP | 0.07090 | −0.4515 | pay 0.0564% / 1h | 18m 20s | $2K | $40K | 5.5x |
BingX MANTA-USDT
Injective MANTA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$1,040.11
- Price spread: −1.074% → 0.000%
- −$107.44
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$1,157.56
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 12 min ago; Injective: no order-book sample. Net counts fees only.
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, 12 min ago | 4.20 bp | 23.0 bp −$23 | 50.8 bp −$508 | 419.3 bp −$41.9K | 728.6 bp −$364.3K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 PERPshort | −0.4515% | 1h | 0.07090 | −1.074% | $2K | $40K | 5.5x | |
| Hyperliquid MANTA | +0.0100% | 1h | 0.07178 | +0.153% | $542K | $210K | 3x | as long as short |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07163 | −0.056% | $5K | $8K | 5x | as long as short |
| Binance MANTAUSDT | +0.0100% | 4h | 0.07163 | −0.063% | $5.6M | $4.4M | 50x | as long as short |
| Bybit MANTAUSDT | +0.0100% | 4h | 0.07160 | −0.098% | $3.4M | $888K | 25x | as long as short |
| Gate MANTA_USDT | +0.0100% | 4h | 0.07162 | −0.070% | $208K | $125K | 50x | as long as short |
| MEXC MANTA_USDT | +0.0100% | 4h | 0.07158 | −0.126% | $13.7M | $585K | 50x | as long as short |
| KuCoin MANTAUSDTM | +0.0100% | 4h | 0.07164 | −0.042% | $283K | $40K | 50x | as long as short |
| Variational Omni MANTA | +0.0100% | 4h | 0.07170 | +0.039% | $17K | $2K | — | as long as short |
| BloFin MANTA-USDT | +0.0100% | 4h | 0.07178 | +0.153% | $324K | $19K | 50x | as long as short |
Hyperliquid MANTA
Aster MANTAUSDT
Binance 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-USDTlong | +0.0438% | 4h | 0.07167 | long leg | — | $1.5M | — | |
| Bitget MANTAUSDT | +0.0472% | 4h | 0.07180 | +0.181% | $3.2M | $404K | 50x | as long as short |
Bitget MANTAUSDT