Funding you earn now, next payment 07:00 UTC+0.4549%/8h= +498.1% APRpaid last 24h +1.195%
Price spread now: MEXC against Injective+0.801%100s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.573%+$257 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$136 a day on $10k at the current rate, and MEXC is 0.801% dearer against Injective than usual: you sell high and buy low: +$80 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 100 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 2.573% in total (about 134.1% 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 | Injective MANTA/USDC PERP | 0.06987 | −0.4449 | get 0.0556% / 1h | 35m 27s | $2K | $40K | 5.5x |
| Short | MEXC MANTA_USDT | 0.07043 | 0.0100 | get 0.0050% / 4h | 1h 35m | $13.6M | $644K | 50x |
Injective MANTA/USDC PERP
MEXC MANTA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $955.26
- Price spread: +0.801% → 0.000%
- $80.15
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $1,031.38
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago | 2.84 bp | 13.2 bp −$13 | 40.2 bp −$402 | 153.3 bp −$15.3K | 488.5 bp −$244.2K |
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 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 PERPlong | −0.4449% | 1h | 0.06987 | long leg | $2K | $40K | 5.5x | |
| BloFin MANTA-USDT | +0.0091% | 4h | 0.07049 | +0.887% | $324K | $24K | 50x | as long as short |
| Hyperliquid MANTA | +0.0100% | 1h | 0.07061 | +1.059% | $472K | $215K | 3x | as long as short |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07041 | +0.778% | $5K | $7K | 5x | as long as short |
| Binance MANTAUSDT | +0.0100% | 4h | 0.07045 | +0.834% | $5.5M | $4.6M | 50x | as long as short |
| Bybit MANTAUSDT | +0.0100% | 4h | 0.07034 | +0.673% | $3.3M | $827K | 25x | as long as short |
| Gate MANTA_USDT | +0.0100% | 4h | 0.07037 | +0.716% | $205K | $141K | 50x | as long as short |
| MEXC MANTA_USDTshort | +0.0100% | 4h | 0.07043 | +0.801% | $13.6M | $644K | 50x | |
| KuCoin MANTAUSDTM | +0.0100% | 4h | 0.07044 | +0.816% | $235K | $53K | 50x | as long as short |
| Variational Omni MANTA | +0.0100% | 4h | 0.07031 | +0.626% | $17K | $3K | — | as long as short |
BloFin MANTA-USDT
Hyperliquid MANTA
Aster MANTAUSDT
Binance MANTAUSDT
Bybit MANTAUSDT
Gate 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 | +0.0250% | 4h | 0.07063 | +1.088% | $3.2M | $376K | 50x | as long as short |
| BingX MANTA-USDT | +0.0260% | 4h | 0.07041 | +0.773% | — | $1.5M | — | as long as short |
Bitget MANTAUSDT
BingX MANTA-USDT