MANTA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.20 per $10,000 · paid last 24h +0.003%

Price spread now: BloFin against KuCoin+0.325%95s7-day average +0.092% · you sell dearer than you buy

Net, funding: paid 7d − costs−$832as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$8338.328% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 4 days (all we have)−0.211%−$21 · spread now +0.325%, 7d avg +0.092%

Together, before fees−0.199%−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.232% dearer against KuCoin than usual: you sell high and buy low (spread +0.325% now, against its 7-day average of +0.092%): +$23 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 19 days. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MANTAUSDTM	0.07086	0.0100	pay 0.0050% / 4h	23m 38s	$236K	$53K	50x
Short	BloFin MANTA-USDT	0.07109	0.0059	get 0.0030% / 4h	23m 38s	$324K	$23K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee BloFinbpOrdersPrice spread, now +0.325%Rate

Funding earned: −$8.59
Price spread: +0.325% → +0.092%: $23.21
Slippage, 4 orders: −$808.79
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$818.18
Costs to cover: 8.328%
Break-even: never at this rate

Slippage from KuCoin: live order book, 57 min ago; BloFin: live order book, 11 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, 57 min ago	34.24 bp	379.9 bp −$380	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 11 min ago	7.08 bp	19.2 bp −$19	55.8 bp −$558	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	−0.3997%	1h	0.07024	−0.875%	$2K	$40K	5.5x	as long as short
BloFin MANTA-USDTshort	+0.0059%	4h	0.07109	+0.325%	$324K	$23K	50x
Aster MANTAUSDT	+0.0100%	4h	0.07102	+0.220%	$5K	$7K	5x	as long as short
Binance MANTAUSDT	+0.0100%	4h	0.07100	+0.198%	$5.6M	$4.5M	50x	as long as short
Bybit MANTAUSDT	+0.0100%	4h	0.07093	+0.099%	$3.3M	$834K	25x	as long as short
Gate MANTA_USDT	+0.0100%	4h	0.07094	+0.113%	$218K	$129K	50x	as long as short
MEXC MANTA_USDT	+0.0100%	4h	0.07100	+0.198%	$13.6M	$608K	50x	as long as short
KuCoin MANTAUSDTMlong	+0.0100%	4h	0.07086	long leg	$236K	$53K	50x
Variational Omni MANTA	+0.0100%	4h	0.07089	+0.045%	$17K	$3K	—	as long as short
BingX MANTA-USDT	+0.0204%	4h	0.07104	+0.254%	—	$1.5M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MANTAUSDT	+0.0214%	4h	0.07114	+0.395%	$3.2M	$396K	50x	as long as short
Hyperliquid MANTA	+0.0355%	1h	0.07113	+0.381%	$476K	$230K	3x	as long as short