Funding you earn now, next payment 04:00 UTC+0.0312%/8h= +34.2% APRnext payment +$1.56 per $10,000 · paid last 24h +0.025%
Price spread now: Bitget against KuCoin+0.197%7-day average +0.197% · you sell dearer than you buy
Net, funding: paid 7d − costs−$929as in the Funding arb table
Net, price: spread back to 7d avg − costs−$939as in the Price arb table
costs, in and out, $10k−$9399.394% of the position
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now +0.197%, 7d avg +0.197%
=The price spread sits at its 7-day average of +0.197%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.106% in total (about 5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.56 per $10,000. 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 | KuCoin MANTAUSDTM | 0.07091 | 0.0100 | pay 0.0050% / 4h | 2h 49m | $250K | $50K | 50x |
| Short | Bitget MANTAUSDT | 0.07105 | 0.0412 | get 0.0206% / 4h | 2h 49m | $3.2M | $417K | 50x |
KuCoin MANTAUSDTM
Bitget MANTAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- $65.52
- Price spread: +0.197% → +0.197%
- $0.04
- Slippage, 4 orders
- −$915.42
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$873.86
- Costs to cover
- 9.394%
- Break-even
- 100.4 days
Slippage from KuCoin: live order book, 61 min ago; Bitget: live order book, 3 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 KuCoin live order book, 61 min ago | 25.94 bp | 380.9 bp −$381 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 6.33 bp | 38.6 bp −$39 | 131.2 bp −$1,312 | 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 | −0.3717% | 1h | 0.06979 | −1.579% | $2K | $40K | 5.5x | as long as short |
| Hyperliquid MANTA | +0.0100% | 1h | 0.07107 | +0.226% | $480K | $248K | 3x | as long as short |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07103 | +0.174% | $5K | $7K | 5x | as long as short |
| Binance MANTAUSDT | +0.0100% | 4h | 0.07100 | +0.127% | $5.6M | $4.5M | 50x | as long as short |
| Bybit MANTAUSDT | +0.0100% | 4h | 0.07095 | +0.056% | $3.4M | $886K | 25x | as long as short |
| Gate MANTA_USDT | +0.0100% | 4h | 0.07095 | +0.056% | $207K | $120K | 50x | as long as short |
| MEXC MANTA_USDT | +0.0100% | 4h | 0.07100 | +0.127% | $13.6M | $591K | 50x | as long as short |
| KuCoin MANTAUSDTMlong | +0.0100% | 4h | 0.07091 | long leg | $250K | $50K | 50x | |
| Variational Omni MANTA | +0.0100% | 4h | 0.07080 | −0.149% | $17K | $3K | — | as long as short |
| BloFin MANTA-USDT | +0.0122% | 4h | 0.07090 | −0.014% | $324K | $21K | 50x | as long as short |
Injective MANTA/USDC PERP
Hyperliquid MANTA
Aster MANTAUSDT
Binance MANTAUSDT
Bybit MANTAUSDT
Gate MANTA_USDT
MEXC MANTA_USDT
Variational Omni MANTA
BloFin MANTA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MANTA-USDT | +0.0398% | 4h | 0.07096 | +0.071% | — | $1.5M | — | as long as short |
| Bitget MANTAUSDTshort | +0.0412% | 4h | 0.07105 | +0.197% | $3.2M | $417K | 50x |
BingX MANTA-USDT