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−0.0009%/8h= −0.9% APRnext payment $0.04 per $10,000 · paid last 24h −0.003%
Price spread now: Bybit against BloFin−0.309%102s7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1971.973% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.075%−$8 on $10k
Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.309%, 7d avg −0.102%
Together, before fees+0.088%+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.208% cheaper against BloFin than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.102%. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MANTA-USDT0.071090.0109pay 0.0054% / 4h51m 26s$326K$23K50x
ShortBybit MANTAUSDT0.070870.0100get 0.0050% / 4h51m 26s$3.3M$813K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$1.8
Price spread: −0.309% → −0.102%
−$20.78
Slippage, 4 orders
−$174.3
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$219.87
Costs to cover
1.973%
Break-even
never at this rate
Slippage from BloFin: live order book, 48 min ago; Bybit: live order book, 1 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, 48 min ago7.06 bp22.4 bp −$2251.4 bp −$514doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago4.93 bp71.2 bp −$71573.3 bp −$5,733doesn'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%1h0.07031−1.097%$2K$40K5.5xas long as short
Aster MANTAUSDT+0.0100%4h0.07093−0.230%$5K$7K5xas long as short
Binance MANTAUSDT+0.0100%4h0.07097−0.171%$5.6M$4.5M50xas long as short
Bybit MANTAUSDTshort+0.0100%4h0.07087−0.309%$3.3M$813K25x
Gate MANTA_USDT+0.0100%4h0.07097−0.169%$218K$129K50xas long as short
MEXC MANTA_USDT+0.0100%4h0.07099−0.141%$13.6M$605K50xas long as short
KuCoin MANTAUSDTM+0.0100%4h0.07084−0.352%$236K$53K50xas long as short
Variational Omni MANTA+0.0100%4h0.07128+0.265%$17K$3Kas long as short
BloFin MANTA-USDTlong+0.0109%4h0.07109long leg$326K$23K50x
Bitget MANTAUSDT+0.0240%4h0.07108−0.014%$3.2M$396K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MANTA-USDT+0.0254%4h0.07097−0.169%$1.5Mas long as short
Hyperliquid MANTA+0.0289%1h0.07108−0.014%$475K$228K3xas long as short