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+0.0204%/8h= +22.4% APRnext payment +$1.02 per $10,000 · paid last 24h +0.021%
Price spread now: Bitget against BloFin+0.099%45s7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1041.040% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.093%+$9 on $10k
Price spread, last 4 days (all we have)+0.079%+$8 · spread now +0.099%, 7d avg +0.093%
Together, before fees+0.172%+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.093%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.093% in total (about 4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.02 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MANTA-USDT0.070920.0066pay 0.0033% / 4h1h 42m$325K$23K50x
ShortBitget MANTAUSDT0.070990.0270get 0.0135% / 4h1h 42m$3.2M$409K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
$42.94
Price spread: +0.099% → +0.093%
$0.61
Slippage, 4 orders
−$80.03
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$60.48
Costs to cover
1.040%
Break-even
16.9 days
Slippage from BloFin: live order book, 82 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 82 min ago3.48 bp14.2 bp −$1440.1 bp −$401doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago5.65 bp29.0 bp −$29150.0 bp −$1,500doesn'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−0.4051%1h0.06993−1.396%$2K$40K5.5xas long as short
BloFin MANTA-USDTlong+0.0066%4h0.07092long leg$325K$23K50x
Hyperliquid MANTA+0.0100%1h0.07104+0.169%$477K$240K3xas long as short
Aster MANTAUSDT+0.0100%4h0.07081−0.149%$5K$7K5xas long as short
Binance MANTAUSDT+0.0100%4h0.07094+0.028%$5.5M$4.5M50xas long as short
Bybit MANTAUSDT+0.0100%4h0.07080−0.169%$3.3M$803K25xas long as short
Gate MANTA_USDT+0.0100%4h0.07074−0.254%$205K$133K50xas long as short
MEXC MANTA_USDT+0.0100%4h0.07095+0.042%$13.6M$591K50xas long as short
KuCoin MANTAUSDTM+0.0100%4h0.07077−0.212%$236K$53K50xas long as short
Variational Omni MANTA+0.0100%4h0.07065−0.377%$17K$3Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MANTAUSDTshort+0.0270%4h0.07099+0.099%$3.2M$409K50x
BingX MANTA-USDT+0.0308%4h0.07084−0.113%$1.5Mas long as short