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

MANTA

all MANTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.021%
Price spread now: KuCoin against Hyperliquid−0.268%7-day average −0.218% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.268%, 7d avg −0.218%
Together, before fees+0.065%+ Points / potential airdropHyperliquid: Season 2 · farm board+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.049% cheaper against Hyperliquid than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.218%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid MANTA0.070970.0100pay 0.0013% / 1h5m 45s$477K$241K3x
ShortKuCoin MANTAUSDTM0.070780.0100get 0.0050% / 4h2h 05m$236K$53K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Hyperliquid. 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
$0
Price spread: −0.268% → −0.218%
−$4.94
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$25.94
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 44 min ago; KuCoin: live order book, 30 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 44 min ago0.70 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 30 min ago25.95 bp402.2 bp −$402doesn't fitdoesn't fitdoesn't fit

MANTA on 11 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−0.3717%1h0.07012−1.198%$2K$40K5.5xas long as short
Hyperliquid MANTAlong+0.0100%1h0.07097long leg$477K$241K3x
Aster MANTAUSDT+0.0100%4h0.07095−0.028%$5K$7K5xas long as short
Binance MANTAUSDT+0.0100%4h0.07089−0.112%$5.5M$4.5M50xas long as short
Bybit MANTAUSDT+0.0100%4h0.07090−0.099%$3.4M$825K25xas long as short
Gate MANTA_USDT+0.0100%4h0.07087−0.141%$206K$133K50xas long as short
MEXC MANTA_USDT+0.0100%4h0.07089−0.113%$13.6M$599K50xas long as short
KuCoin MANTAUSDTMshort+0.0100%4h0.07078−0.268%$236K$53K50x
Variational Omni MANTA+0.0100%4h0.07085−0.165%$17K$3Kas long as short
Bitget MANTAUSDT+0.0346%4h0.07095−0.028%$3.2M$417K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MANTA-USDT+0.0366%4h0.07090−0.099%$1.5Mas long as short