Funding you earn now, next payment 08:00 UTC−0.0082%/8h= −9.0% APRnext payment −$0.41 per $10,000 · paid last 24h −0.032%
Price spread now: Bybit against Bitget−0.384%7-day average −0.278% · you buy dearer than you sell
Net, funding: paid 7d − costs−$222as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2052.045% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 7 days−0.135%−$13 · spread now −0.384%, 7d avg −0.278%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.106% cheaper against Bitget than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.278%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MANTAUSDT | 0.07031 | 0.0182 | pay 0.0091% / 4h | 2h 44m | $3.2M | $398K | 50x |
| Short | Bybit MANTAUSDT | 0.07004 | 0.0100 | get 0.0050% / 4h | 2h 44m | $3.3M | $841K | 25x |
Bitget MANTAUSDT
Bybit MANTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$17.22
- Price spread: −0.384% → −0.278%
- −$10.64
- Slippage, 4 orders
- −$181.5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$232.36
- Costs to cover
- 2.045%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 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 Bitget live order book, 4 min ago | 5.67 bp | 24.2 bp −$24 | 112.2 bp −$1,122 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.13 bp | 69.2 bp −$69 | 578.8 bp −$5,788 | 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 | −0.3432% | 1h | 0.06955 | −1.081% | $2K | $40K | 5.5x | as long as short |
| BloFin MANTA-USDT | +0.0063% | 4h | 0.07026 | −0.071% | $322K | $23K | 50x | as long as short |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07024 | −0.106% | $5K | $7K | 5x | as long as short |
| Binance MANTAUSDT | +0.0100% | 4h | 0.07023 | −0.114% | $5.5M | $4.6M | 50x | as long as short |
| Bybit MANTAUSDTshort | +0.0100% | 4h | 0.07004 | −0.384% | $3.3M | $841K | 25x | |
| Gate MANTA_USDT | +0.0100% | 4h | 0.07015 | −0.228% | $207K | $151K | 50x | as long as short |
| MEXC MANTA_USDT | +0.0100% | 4h | 0.07015 | −0.228% | $13.5M | $635K | 50x | as long as short |
| KuCoin MANTAUSDTM | +0.0100% | 4h | 0.07013 | −0.256% | $234K | $52K | 50x | as long as short |
| Variational Omni MANTA | +0.0100% | 4h | 0.07019 | −0.167% | $16K | $3K | — | as long as short |
| Bitget MANTAUSDTlong | +0.0182% | 4h | 0.07031 | long leg | $3.2M | $398K | 50x |
Injective MANTA/USDC PERP
BloFin MANTA-USDT
Aster MANTAUSDT
Binance 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 | +0.0202% | 4h | 0.07023 | −0.114% | — | $1.5M | — | as long as short |
| Hyperliquid MANTA | +0.0477% | 1h | 0.07033 | +0.028% | $470K | $223K | 3x | as long as short |
BingX MANTA-USDT
Hyperliquid MANTA