Funding you earn now, next payment 04:00 UTC−0.0152%/8h= −16.6% APRnext payment −$0.76 per $10,000 · paid last 24h −0.021%
Price spread now: BloFin against Bitget−0.239%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$930.927% of the position
Funding, last 7 days−0.093%−$9 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.239%, 7d avg −0.101%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BloFin is 0.138% cheaper against Bitget than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.101%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MANTAUSDT | 0.07124 | 0.0220 | pay 0.0110% / 4h | 3m 15s | $3.2M | $396K | 50x |
| Short | BloFin MANTA-USDT | 0.07107 | 0.0068 | get 0.0034% / 4h | 3m 15s | $326K | $23K | 50x |
Bitget MANTAUSDT
BloFin MANTA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$31.84
- Price spread: −0.239% → −0.101%
- −$13.77
- Slippage, 4 orders
- −$68.72
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$138.33
- Costs to cover
- 0.927%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 32 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 Bitget live order book, 4 min ago | 6.32 bp | 27.8 bp −$28 | 89.9 bp −$899 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 32 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 | −1.249% | $2K | $40K | 5.5x | as long as short |
| BloFin MANTA-USDTshort | +0.0068% | 4h | 0.07107 | −0.239% | $326K | $23K | 50x | |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07098 | −0.371% | $5K | $7K | 5x | as long as short |
| Binance MANTAUSDT | +0.0100% | 4h | 0.07111 | −0.182% | $5.6M | $4.5M | 50x | as long as short |
| Bybit MANTAUSDT | +0.0100% | 4h | 0.07094 | −0.421% | $3.3M | $830K | 25x | as long as short |
| Gate MANTA_USDT | +0.0100% | 4h | 0.07100 | −0.337% | $218K | $130K | 50x | as long as short |
| MEXC MANTA_USDT | +0.0100% | 4h | 0.07109 | −0.211% | $13.7M | $616K | 50x | as long as short |
| KuCoin MANTAUSDTM | +0.0100% | 4h | 0.07096 | −0.393% | $237K | $53K | 50x | as long as short |
| Variational Omni MANTA | +0.0100% | 4h | 0.07088 | −0.502% | $17K | $3K | — | as long as short |
| Bitget MANTAUSDTlong | +0.0220% | 4h | 0.07124 | long leg | $3.2M | $396K | 50x |
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX MANTA-USDT | +0.0230% | 4h | 0.07096 | −0.393% | — | $1.5M | — | as long as short |
| Hyperliquid MANTA | +0.0373% | 1h | 0.07124 | 0.000% | $476K | $229K | 3x | as long as short |
BingX MANTA-USDT
Hyperliquid MANTA