Funding you earn now, next payment 08:00 UTC−0.0132%/8h= −14.5% APRnext payment −$0.66 per $10,000 · paid last 24h −0.027%
Price spread now: MEXC against BingX−0.014%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$760.758% of the position
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 7 days+0.040%+$4 · spread now −0.014%, 7d avg +0.031%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 0.045% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MANTA-USDT | 0.07078 | 0.0232 | pay 0.0116% / 4h | 42m 43s | — | $1.5M | — |
| Short | MEXC MANTA_USDT | 0.07077 | 0.0100 | get 0.0050% / 4h | 42m 43s | $13.6M | $655K | 50x |
BingX MANTA-USDT
MEXC MANTA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$27.72
- Price spread: −0.014% → +0.031%
- −$4.53
- Slippage, 4 orders
- −$61.78
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$108.04
- Costs to cover
- 0.758%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; MEXC: live order book, 1 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, 4 min ago | 4.95 bp | 22.7 bp −$23 | 51.4 bp −$514 | 542.4 bp −$54.2K | 794.3 bp −$397.2K |
| Sell MEXC live order book, 1 min ago | 1.41 bp | 12.5 bp −$12 | 39.4 bp −$394 | 119.8 bp −$12.0K | 442.8 bp −$221.4K |
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 | −1.328% | $2K | $40K | 5.5x | as long as short |
| BloFin MANTA-USDT | +0.0091% | 4h | 0.07078 | 0.000% | $324K | $24K | 50x | as long as short |
| Hyperliquid MANTA | +0.0100% | 1h | 0.07089 | +0.155% | $474K | $211K | 3x | as long as short |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07077 | −0.013% | $5K | $7K | 5x | as long as short |
| Binance MANTAUSDT | +0.0100% | 4h | 0.07077 | −0.016% | $5.5M | $4.5M | 50x | as long as short |
| Bybit MANTAUSDT | +0.0100% | 4h | 0.07066 | −0.170% | $3.3M | $822K | 25x | as long as short |
| Gate MANTA_USDT | +0.0100% | 4h | 0.07080 | +0.028% | $207K | $153K | 50x | as long as short |
| MEXC MANTA_USDTshort | +0.0100% | 4h | 0.07077 | −0.014% | $13.6M | $655K | 50x | |
| KuCoin MANTAUSDTM | +0.0100% | 4h | 0.07075 | −0.042% | $282K | $59K | 50x | as long as short |
| Variational Omni MANTA | +0.0100% | 4h | 0.07072 | −0.090% | $17K | $3K | — | as long as short |
Injective MANTA/USDC PERP
BloFin MANTA-USDT
Hyperliquid MANTA
Aster MANTAUSDT
Binance MANTAUSDT
Bybit MANTAUSDT
Gate 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 | +0.0222% | 4h | 0.07083 | +0.071% | $3.2M | $398K | 50x | as long as short |
| BingX MANTA-USDTlong | +0.0232% | 4h | 0.07078 | long leg | — | $1.5M | — |
Bitget MANTAUSDT