Funding you earn now, next payment 04:00 UTC+0.0208%/8h= +22.8% APRnext payment +$1.04 per $10,000 · paid last 24h +0.021%
Price spread now: BingX against Gate+0.028%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1301.295% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now +0.028%, 7d avg +0.010%
=The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.090% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.04 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MANTA_USDT | 0.07073 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $205K | $133K | 50x |
| Short | BingX MANTA-USDT | 0.07075 | 0.0308 | get 0.0154% / 4h | 1h 44m | — | $1.5M | — |
Gate MANTA_USDT
BingX MANTA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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
- $43.68
- Price spread: +0.028% → +0.010%
- $1.78
- Slippage, 4 orders
- −$104.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$84.05
- Costs to cover
- 1.295%
- Break-even
- 20.5 days
Slippage from Gate: live order book, 11 min ago; BingX: live order book, 1 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 Gate live order book, 11 min ago | 4.92 bp | 38.2 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 5.66 bp | 33.3 bp −$33 | 79.0 bp −$790 | 545.6 bp −$54.6K | 816.9 bp −$408.5K |
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 | −0.4051% | 1h | 0.07005 | −0.961% | $2K | $40K | 5.5x | as long as short |
| Hyperliquid MANTA | +0.0100% | 1h | 0.07091 | +0.254% | $476K | $239K | 3x | as long as short |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07079 | +0.081% | $5K | $7K | 5x | as long as short |
| Binance MANTAUSDT | +0.0100% | 4h | 0.07079 | +0.092% | $5.5M | $4.5M | 50x | as long as short |
| Bybit MANTAUSDT | +0.0100% | 4h | 0.07074 | +0.014% | $3.3M | $801K | 25x | as long as short |
| Gate MANTA_USDTlong | +0.0100% | 4h | 0.07073 | long leg | $205K | $133K | 50x | |
| MEXC MANTA_USDT | +0.0100% | 4h | 0.07081 | +0.113% | $13.6M | $591K | 50x | as long as short |
| KuCoin MANTAUSDTM | +0.0100% | 4h | 0.07077 | +0.057% | $236K | $53K | 50x | as long as short |
| Variational Omni MANTA | +0.0100% | 4h | 0.07065 | −0.109% | $17K | $3K | — | as long as short |
| BloFin MANTA-USDT | +0.0136% | 4h | 0.07072 | −0.014% | $324K | $23K | 50x | as long as short |
Injective MANTA/USDC PERP
Hyperliquid MANTA
Aster MANTAUSDT
Binance MANTAUSDT
Bybit MANTAUSDT
MEXC 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MANTAUSDT | +0.0280% | 4h | 0.07090 | +0.240% | $3.2M | $409K | 50x | as long as short |
| BingX MANTA-USDTshort | +0.0308% | 4h | 0.07075 | +0.028% | — | $1.5M | — |
Bitget MANTAUSDT