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

MANTA

all MANTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.142%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$933as in the Funding arb table
Net, price: spread back to 7d avg − costs−$911as in the Price arb table
costs, in and out, $10k−$9269.265% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.063%−$6 on $10k
Price spread, last 4 days (all we have)−0.212%−$21 · spread now +0.142%, 7d avg −0.011%
Together, before fees−0.275%−$28 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: Bybit is 0.152% dearer against KuCoin than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MANTAUSDTM0.070540.0100pay 0.0050% / 4h3h 31m$235K$53K50x
ShortBybit MANTAUSDT0.070640.0100get 0.0050% / 4h3h 31m$3.3M$834K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: +0.142% → −0.011%
$15.24
Slippage, 4 orders
−$903.47
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$911.22
Costs to cover
9.265%
Break-even
never at this rate
Slippage from KuCoin: live order book, 40 min ago; Bybit: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 40 min ago27.41 bp425.5 bp −$426doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago5.67 bp74.2 bp −$74579.7 bp −$5,797doesn't fitdoesn't fit

MANTA on 12 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−0.3961%1h0.07000−0.766%$2K$40K5.5xas long as short
BloFin MANTA-USDT+0.0082%4h0.07080+0.369%$324K$23K50xas long as short
Aster MANTAUSDT+0.0100%4h0.07067+0.184%$5K$7K5xas long as short
Binance MANTAUSDT+0.0100%4h0.07076+0.315%$5.6M$4.5M50xas long as short
Bybit MANTAUSDTshort+0.0100%4h0.07064+0.142%$3.3M$834K25x
Gate MANTA_USDT+0.0100%4h0.07060+0.085%$216K$129K50xas long as short
MEXC MANTA_USDT+0.0100%4h0.07076+0.312%$13.7M$620K50xas long as short
KuCoin MANTAUSDTMlong+0.0100%4h0.07054long leg$235K$53K50x
Variational Omni MANTA+0.0100%4h0.07066+0.174%$17K$3Kas long as short
Hyperliquid MANTA+0.0198%1h0.07088+0.482%$473K$228K3xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MANTAUSDT+0.0232%4h0.07077+0.326%$3.2M$395K50xas long as short
BingX MANTA-USDT+0.0236%4h0.07066+0.170%$1.5Mas long as short