Funding you earn now, next payment 10:00 UTC+0.4081%/8h= +446.9% APRpaid last 24h +1.215%
Price spread now: KuCoin against Injective−1.235%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.733%+$273 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. KuCoin is 1.235% cheaper against Injective than usual: you would sell low and buy high (spread −1.235% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$123 on $10k: about 24 hours of funding at the current rate (+$122 a day). At the pace of the last 7 days (+2.733% in total) that is about 3.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 2.733% in total (about 142.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective MANTA/USDC PERP | 0.07128 | −0.3981 | get 0.0498% / 1h | 20m 35s | $2K | $40K | 5.5x |
| Short | KuCoin MANTAUSDTM | 0.07040 | 0.0100 | get 0.0050% / 4h | 2h 20m | $280K | $58K | 50x |
Injective MANTA/USDC PERP
KuCoin MANTAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Injective. 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
- $857.03
- Price spread: −1.235% → 0.000%
- −$123.46
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $721.55
- Costs to cover
- 0.120%
- Break-even
- 1.1 days
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 23 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 23 min ago | 16.39 bp | 433.0 bp −$433 | doesn't fit | doesn't fit | doesn't fit |
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 12 exchanges
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 PERPlong | −0.3981% | 1h | 0.07128 | long leg | $2K | $40K | 5.5x | |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07052 | −1.071% | $11K | $15K | 5x | as long as short |
| Binance MANTAUSDT | +0.0100% | 4h | 0.07054 | −1.038% | $5.5M | $4.3M | 50x | as long as short |
| Bybit MANTAUSDT | +0.0100% | 4h | 0.07042 | −1.207% | $3.3M | $716K | 25x | as long as short |
| Gate MANTA_USDT | +0.0100% | 4h | 0.07050 | −1.094% | $218K | $152K | 50x | as long as short |
| MEXC MANTA_USDT | +0.0100% | 4h | 0.07054 | −1.038% | $13.9M | $735K | 50x | as long as short |
| KuCoin MANTAUSDTMshort | +0.0100% | 4h | 0.07040 | −1.235% | $280K | $58K | 50x | |
| Bitget MANTAUSDT | +0.0100% | 4h | 0.07061 | −0.940% | $3.2M | $388K | 50x | as long as short |
| BingX MANTA-USDT | +0.0100% | 4h | 0.07049 | −1.108% | — | $1.5M | — | as long as short |
| Variational Omni MANTA | +0.0100% | 4h | 0.07041 | −1.227% | $17K | $3K | — | as long as short |
Aster MANTAUSDT
Binance MANTAUSDT
Bybit MANTAUSDT
Gate MANTA_USDT
MEXC MANTA_USDT
Bitget MANTAUSDT
BingX MANTA-USDT
Variational Omni MANTAShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MANTA-USDT | +0.0156% | 4h | 0.07049 | −1.108% | $324K | $41K | 50x | as long as short |
| Hyperliquid MANTA | +0.0255% | 1h | 0.07065 | −0.884% | $472K | $201K | 3x | as long as short |
BloFin MANTA-USDT
Hyperliquid MANTA