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

MANTA

all MANTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRnext payment $0.05 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Bybit+0.142%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1951.953% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.078%+$8 on $10k
Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.142%, 7d avg +0.100%
Together, before fees+0.107%+$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.042% dearer against Bybit than usual: you sell high and buy low (spread +0.142% now, against its 7-day average of +0.100%): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 15 days. Mind the row above: over the last 7 days funding on this pair paid +0.078%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MANTAUSDT0.070390.0100pay 0.0050% / 4h1h 36m$3.3M$827K25x
ShortBloFin MANTA-USDT0.070490.0091get 0.0045% / 4h1h 36m$324K$24K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
−$1.92
Price spread: +0.142% → +0.100%
$4.17
Slippage, 4 orders
−$172.31
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$193.06
Costs to cover
1.953%
Break-even
never at this rate
Slippage from Bybit: live order book, 6 min ago; BloFin: live order book, 48 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 Bybit live order book, 6 min ago4.96 bp87.6 bp −$88doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 48 min ago2.14 bp25.9 bp −$2670.0 bp −$700doesn'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−0.4449%1h0.06987−0.739%$2K$40K5.5xas long as short
BloFin MANTA-USDTshort+0.0091%4h0.07049+0.142%$324K$24K50x
Hyperliquid MANTA+0.0100%1h0.07059+0.284%$471K$215K3xas long as short
Aster MANTAUSDT+0.0100%4h0.07054+0.213%$5K$7K5xas long as short
Binance MANTAUSDT+0.0100%4h0.07046+0.099%$5.5M$4.6M50xas long as short
Bybit MANTAUSDTlong+0.0100%4h0.07039long leg$3.3M$827K25x
Gate MANTA_USDT+0.0100%4h0.07048+0.128%$206K$141K50xas long as short
MEXC MANTA_USDT+0.0100%4h0.07048+0.128%$13.6M$644K50xas long as short
KuCoin MANTAUSDTM+0.0100%4h0.07043+0.057%$235K$53K50xas long as short
Variational Omni MANTA+0.0100%4h0.07053+0.203%$17K$3Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MANTAUSDT+0.0258%4h0.07061+0.313%$3.2M$376K50xas long as short
BingX MANTA-USDT+0.0260%4h0.07048+0.128%$1.5Mas long as short