Settings8H · net · $10k
Funding arb · Price arb /

MANTA

all MANTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0059%/8h= +6.5% APRpaid last 24h −0.004%
Price spread now: Hyperliquid against Bitget+0.169%7-day average +0.023% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.084%−$8 on $10k
Price spread, last 4 days (all we have)−0.331%−$33 · spread now +0.169%, 7d avg +0.023%
Together, before fees−0.416%+ Points / potential airdropHyperliquid: Season 2 · farm board−$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 0.145% dearer against Bitget than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.023%. Mind the row above: over the last 7 days funding on this pair cost −0.084%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MANTAUSDT0.071110.0260pay 0.0130% / 4h57m 20s$3.2M$396K50x
ShortHyperliquid MANTA0.071230.0319get 0.0040% / 1h57m 20s$476K$234K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$12.47
Price spread: +0.169% → +0.023%
$14.55
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$6.02
Costs to cover
0.210%
Break-even
3.6 days
Slippage unknown: Bitget: live order book, just now; Hyperliquid: live order book, 42 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, just now7.72 bp21.9 bp −$22100.9 bp −$1,009doesn't fitdoesn't fit
Sell Hyperliquid live order book, 42 min ago0.70 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

MANTA on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective MANTA/USDC PERP−0.3997%1h0.07056−0.773%$2K$40K5.5xas long as short
BloFin MANTA-USDT+0.0095%4h0.07122+0.155%$327K$23K50xas long as short
Aster MANTAUSDT+0.0100%4h0.07107−0.060%$5K$7K5xas long as short
Binance MANTAUSDT+0.0100%4h0.07108−0.039%$5.6M$4.5M50xas long as short
Bybit MANTAUSDT+0.0100%4h0.07106−0.070%$3.3M$812K25xas long as short
Gate MANTA_USDT+0.0100%4h0.07105−0.084%$218K$129K50xas long as short
MEXC MANTA_USDT+0.0100%4h0.07101−0.141%$13.6M$602K50xas long as short
KuCoin MANTAUSDTM+0.0100%4h0.07098−0.183%$237K$53K50xas long as short
Variational Omni MANTA+0.0100%4h0.07120+0.120%$17K$3Kas long as short
Bitget MANTAUSDTlong+0.0260%4h0.07111long leg$3.2M$396K50x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MANTA-USDT+0.0268%4h0.07109−0.028%$1.5Mas long as short
Hyperliquid MANTAshort+0.0319%1h0.07123+0.169%$476K$234K3x