Funding you earn now, next payment 04:00 UTC−0.0122%/8h= −13.4% APRnext payment −$0.61 per $10,000 · paid last 24h −0.025%
Price spread now: KuCoin against Bitget−0.155%7-day average −0.197% · you buy dearer than you sell
Net, funding: paid 7d − costs−$858as in the Funding arb table
Net, price: spread back to 7d avg − costs−$843as in the Price arb table
costs, in and out, $10k−$8478.473% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now −0.155%, 7d avg −0.197%
=The price spread pays, funding is against you. KuCoin is 0.042% dearer against Bitget than usual: you sell high and buy low (spread −0.155% now, against its 7-day average of −0.197%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 7 days (−0.106% in total) that is about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MANTAUSDT | 0.07092 | 0.0222 | pay 0.0111% / 4h | 48m 09s | $3.2M | $397K | 50x |
| Short | KuCoin MANTAUSDTM | 0.07081 | 0.0100 | get 0.0050% / 4h | 48m 09s | $236K | $53K | 50x |
Bitget MANTAUSDT
KuCoin MANTAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$25.62
- Price spread: −0.155% → −0.197%
- $4.16
- Slippage, 4 orders
- −$823.25
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$868.72
- Costs to cover
- 8.473%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 33 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, 5 min ago | 5.62 bp | 24.4 bp −$24 | 106.6 bp −$1,066 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 33 min ago | 34.24 bp | 410.0 bp −$410 | doesn't fit | 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 | 0.07031 | −0.860% | $2K | $40K | 5.5x | as long as short |
| BloFin MANTA-USDT | +0.0066% | 4h | 0.07083 | −0.127% | $325K | $23K | 50x | as long as short |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07078 | −0.198% | $5K | $7K | 5x | as long as short |
| Binance MANTAUSDT | +0.0100% | 4h | 0.07082 | −0.138% | $5.5M | $4.5M | 50x | as long as short |
| Bybit MANTAUSDT | +0.0100% | 4h | 0.07069 | −0.324% | $3.3M | $814K | 25x | as long as short |
| Gate MANTA_USDT | +0.0100% | 4h | 0.07079 | −0.183% | $217K | $129K | 50x | as long as short |
| MEXC MANTA_USDT | +0.0100% | 4h | 0.07081 | −0.155% | $13.6M | $606K | 50x | as long as short |
| KuCoin MANTAUSDTMshort | +0.0100% | 4h | 0.07081 | −0.155% | $236K | $53K | 50x | |
| Variational Omni MANTA | +0.0100% | 4h | 0.07078 | −0.194% | $17K | $3K | — | as long as short |
| Bitget MANTAUSDTlong | +0.0222% | 4h | 0.07092 | long leg | $3.2M | $397K | 50x |
Injective MANTA/USDC PERP
BloFin MANTA-USDT
Aster MANTAUSDT
Binance MANTAUSDT
Bybit MANTAUSDT
Gate MANTA_USDT
MEXC MANTA_USDT
Variational Omni MANTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MANTA-USDT | +0.0254% | 4h | 0.07076 | −0.226% | — | $1.5M | — | as long as short |
| Hyperliquid MANTA | +0.0277% | 1h | 0.07094 | +0.028% | $474K | $230K | 3x | as long as short |
BingX MANTA-USDT
Hyperliquid MANTA