Funding you earn now, next payment 02:00 UTC−0.3817%/8h= −417.9% APRpaid last 24h −1.209%
Price spread now: Injective against Gate−1.728%114s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.343%−$234 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$115 a day on $10k at the current rate, and Injective is 1.728% cheaper against Gate than usual: you would sell low and buy high (−$173 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -2.343% in total (about -122.1% a year). A funding rate is set anew for every payment. 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 | 0.07119 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $206K | $132K | 50x |
| Short | Injective MANTA/USDC PERP | 0.06996 | −0.3717 | pay 0.0465% / 1h | 31m 29s | $2K | $40K | 5.5x |
Gate MANTA_USDT
Injective MANTA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$801.55
- Price spread: −1.728% → 0.000%
- −$172.78
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$989.34
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 30 min ago; Injective: no order-book sample. Net counts fees only.
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, 30 min ago | 6.33 bp | 41.8 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MANTA on 11 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 PERPshort | −0.3717% | 1h | 0.06996 | −1.728% | $2K | $40K | 5.5x | |
| Hyperliquid MANTA | +0.0100% | 1h | 0.07138 | +0.267% | $479K | $250K | 3x | as long as short |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07128 | +0.132% | $5K | $7K | 5x | as long as short |
| Binance MANTAUSDT | +0.0100% | 4h | 0.07129 | +0.140% | $5.6M | $4.6M | 50x | as long as short |
| Bybit MANTAUSDT | +0.0100% | 4h | 0.07124 | +0.070% | $3.4M | $854K | 25x | as long as short |
| Gate MANTA_USDTlong | +0.0100% | 4h | 0.07119 | long leg | $206K | $132K | 50x | |
| MEXC MANTA_USDT | +0.0100% | 4h | 0.07127 | +0.112% | $13.7M | $595K | 50x | as long as short |
| KuCoin MANTAUSDTM | +0.0100% | 4h | 0.07112 | −0.098% | $251K | $50K | 50x | as long as short |
| Variational Omni MANTA | +0.0100% | 4h | 0.07111 | −0.107% | $17K | $3K | — | as long as short |
| BingX MANTA-USDT | +0.0384% | 4h | 0.07126 | +0.098% | — | $1.5M | — | as long as short |
Hyperliquid MANTA
Aster MANTAUSDT
Binance MANTAUSDT
Bybit MANTAUSDT
MEXC MANTA_USDT
KuCoin MANTAUSDTM
Variational Omni MANTA
BingX MANTA-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MANTAUSDT | +0.0394% | 4h | 0.07141 | +0.309% | $3.2M | $415K | 50x | as long as short |
Bitget MANTAUSDT