Funding you earn now, next payment 08:00 UTC−0.0172%/8h= −18.8% APRnext payment −$0.86 per $10,000 · paid last 24h −0.032%
Price spread now: MEXC against Bitget−0.225%7-day average −0.170% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$800.803% of the position
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 7 days−0.132%−$13 · spread now −0.225%, 7d avg −0.170%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and MEXC is 0.055% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.170%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MANTAUSDT | 0.07097 | 0.0272 | pay 0.0136% / 4h | 1h 59m | $3.2M | $396K | 50x |
| Short | MEXC MANTA_USDT | 0.07081 | 0.0100 | get 0.0050% / 4h | 1h 59m | $13.7M | $648K | 50x |
Bitget MANTAUSDT
MEXC MANTA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$36.12
- Price spread: −0.225% → −0.170%
- −$5.52
- Slippage, 4 orders
- −$64.29
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$121.93
- Costs to cover
- 0.803%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 4 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, 3 min ago | 7.04 bp | 20.8 bp −$21 | 120.5 bp −$1,205 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.12 bp | 9.7 bp −$10 | 38.2 bp −$382 | 163.2 bp −$16.3K | 474.4 bp −$237.2K |
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 | 0.06913 | −2.593% | $2K | $40K | 5.5x | as long as short |
| Hyperliquid MANTA | +0.0100% | 1h | 0.07094 | −0.042% | $474K | $217K | 3x | as long as short |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07076 | −0.296% | $5K | $7K | 5x | as long as short |
| Binance MANTAUSDT | +0.0100% | 4h | 0.07079 | −0.254% | $5.5M | $4.6M | 50x | as long as short |
| Bybit MANTAUSDT | +0.0100% | 4h | 0.07074 | −0.324% | $3.3M | $848K | 25x | as long as short |
| Gate MANTA_USDT | +0.0100% | 4h | 0.07076 | −0.296% | $206K | $154K | 50x | as long as short |
| MEXC MANTA_USDTshort | +0.0100% | 4h | 0.07081 | −0.225% | $13.7M | $648K | 50x | |
| KuCoin MANTAUSDTM | +0.0100% | 4h | 0.07073 | −0.338% | $236K | $53K | 50x | as long as short |
| Variational Omni MANTA | +0.0100% | 4h | 0.07078 | −0.265% | $17K | $3K | — | as long as short |
| BloFin MANTA-USDT | +0.0114% | 4h | 0.07094 | −0.042% | $324K | $23K | 50x | as long as short |
Injective MANTA/USDC PERP
Hyperliquid MANTA
Aster MANTAUSDT
Binance MANTAUSDT
Bybit MANTAUSDT
Gate MANTA_USDT
KuCoin MANTAUSDTM
Variational Omni MANTA
BloFin MANTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MANTA-USDT | +0.0240% | 4h | 0.07080 | −0.240% | — | $1.5M | — | as long as short |
| Bitget MANTAUSDTlong | +0.0272% | 4h | 0.07097 | long leg | $3.2M | $396K | 50x |
BingX MANTA-USDT