Funding you earn now, next payment 04:00 UTC−0.0034%/8h= −3.8% APRnext payment −$0.17 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Gate+0.240%48s7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1091.085% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.273%−$27 · spread now +0.240%, 7d avg +0.058%
=The price spread pays, funding is against you. BloFin is 0.182% dearer against Gate than usual: you sell high and buy low (spread +0.240% now, against its 7-day average of +0.058%): +$18 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MANTA_USDT | 0.07075 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $205K | $133K | 50x |
| Short | BloFin MANTA-USDT | 0.07092 | 0.0066 | get 0.0033% / 4h | 1h 42m | $325K | $23K | 50x |
Gate MANTA_USDT
BloFin MANTA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$7.24
- Price spread: +0.240% → +0.058%
- $18.24
- Slippage, 4 orders
- −$81.52
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$97.53
- Costs to cover
- 1.085%
- Break-even
- never at this rate
Slippage from Gate: live order book, 14 min ago; BloFin: live order book, 82 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, 14 min ago | 4.92 bp | 38.2 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 82 min ago | 3.48 bp | 23.7 bp −$24 | 60.6 bp −$606 | 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 | −0.4051% | 1h | 0.06993 | −1.159% | $2K | $40K | 5.5x | as long as short |
| BloFin MANTA-USDTshort | +0.0066% | 4h | 0.07092 | +0.240% | $325K | $23K | 50x | |
| Hyperliquid MANTA | +0.0100% | 1h | 0.07104 | +0.410% | $477K | $240K | 3x | as long as short |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07082 | +0.096% | $5K | $7K | 5x | as long as short |
| Binance MANTAUSDT | +0.0100% | 4h | 0.07096 | +0.300% | $5.5M | $4.5M | 50x | as long as short |
| Bybit MANTAUSDT | +0.0100% | 4h | 0.07081 | +0.085% | $3.3M | $803K | 25x | as long as short |
| Gate MANTA_USDTlong | +0.0100% | 4h | 0.07075 | long leg | $205K | $133K | 50x | |
| MEXC MANTA_USDT | +0.0100% | 4h | 0.07095 | +0.283% | $13.6M | $591K | 50x | as long as short |
| KuCoin MANTAUSDTM | +0.0100% | 4h | 0.07077 | +0.028% | $236K | $53K | 50x | as long as short |
| Variational Omni MANTA | +0.0100% | 4h | 0.07065 | −0.138% | $17K | $3K | — | as long as short |
Injective MANTA/USDC PERP
Hyperliquid MANTA
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MANTAUSDT | +0.0270% | 4h | 0.07099 | +0.339% | $3.2M | $409K | 50x | as long as short |
| BingX MANTA-USDT | +0.0308% | 4h | 0.07085 | +0.141% | — | $1.5M | — | as long as short |
Bitget MANTAUSDT
BingX MANTA-USDT