Funding you earn now, next payment 04:00 UTC+0.0160%/8h= +17.5% APRnext payment +$0.80 per $10,000 · paid last 24h +0.025%
Price spread now: Bitget against Gate+0.197%7-day average +0.157% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1271.272% of the position
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 4 days (all we have)+0.193%+$19 · spread now +0.197%, 7d avg +0.157%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bitget is 0.039% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.157%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MANTA_USDT | 0.07120 | 0.0100 | pay 0.0050% / 4h | 55m 34s | $218K | $129K | 50x |
| Short | Bitget MANTAUSDT | 0.07134 | 0.0260 | get 0.0130% / 4h | 55m 34s | $3.2M | $396K | 50x |
Gate MANTA_USDT
Bitget MANTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $33.6
- Price spread: +0.197% → +0.157%
- $3.94
- Slippage, 4 orders
- −$100.2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$89.65
- Costs to cover
- 1.272%
- Break-even
- 25.7 days
Slippage from Gate: live order book, 61 min ago; Bitget: live order book, 2 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, 61 min ago | 4.92 bp | 38.2 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 7.72 bp | 34.6 bp −$35 | 91.9 bp −$919 | doesn't fit | doesn't fit |
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 | −0.3997% | 1h | 0.07031 | −1.250% | $2K | $40K | 5.5x | as long as short |
| BloFin MANTA-USDT | +0.0052% | 4h | 0.07117 | −0.042% | $327K | $23K | 50x | as long as short |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07125 | +0.065% | $5K | $7K | 5x | as long as short |
| Binance MANTAUSDT | +0.0100% | 4h | 0.07126 | +0.088% | $5.6M | $4.5M | 50x | as long as short |
| Bybit MANTAUSDT | +0.0100% | 4h | 0.07125 | +0.070% | $3.3M | $813K | 25x | as long as short |
| Gate MANTA_USDTlong | +0.0100% | 4h | 0.07120 | long leg | $218K | $129K | 50x | |
| MEXC MANTA_USDT | +0.0100% | 4h | 0.07125 | +0.070% | $13.7M | $602K | 50x | as long as short |
| KuCoin MANTAUSDTM | +0.0100% | 4h | 0.07114 | −0.084% | $237K | $53K | 50x | as long as short |
| Variational Omni MANTA | +0.0100% | 4h | 0.07128 | +0.110% | $17K | $3K | — | as long as short |
| Bitget MANTAUSDTshort | +0.0260% | 4h | 0.07134 | +0.197% | $3.2M | $396K | 50x |
Injective MANTA/USDC PERP
BloFin MANTA-USDT
Aster MANTAUSDT
Binance MANTAUSDT
Bybit MANTAUSDT
MEXC MANTA_USDT
KuCoin MANTAUSDTM
Variational Omni MANTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MANTA-USDT | +0.0268% | 4h | 0.07126 | +0.084% | — | $1.5M | — | as long as short |
| Hyperliquid MANTA | +0.0372% | 1h | 0.07138 | +0.253% | $477K | $234K | 3x | as long as short |
BingX MANTA-USDT
Hyperliquid MANTA