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

MANTA

all MANTA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.021%
Price spread now: Hyperliquid against KuCoin+0.293%7-day average +0.220% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.293%, 7d avg +0.220%
Together, before fees−0.125%+ Points / potential airdropHyperliquid: Season 2 · farm board−$13 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: Hyperliquid is 0.073% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.220%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MANTAUSDTM0.071770.0100pay 0.0050% / 4h3h 16m$284K$36K50x
ShortHyperliquid MANTA0.071980.0100get 0.0013% / 1h16m 49s$543K$210K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.293% → +0.220%
$7.3
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$13.7
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 33 min ago; Hyperliquid: live order book, 43 min ago. Net counts fees only.

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, 33 min ago25.94 bp380.9 bp −$381doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 43 min ago0.70 bpdoesn't fitdoesn't fitdoesn'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−0.4515%1h0.07090−1.212%$2K$40K5.5xas long as short
Hyperliquid MANTAshort+0.0100%1h0.07198+0.293%$543K$210K3x
Aster MANTAUSDT+0.0100%4h0.07173−0.061%$5K$8K5xas long as short
Binance MANTAUSDT+0.0100%4h0.07184+0.095%$5.6M$4.4M50xas long as short
Bybit MANTAUSDT+0.0100%4h0.07173−0.056%$3.4M$888K25xas long as short
Gate MANTA_USDT+0.0100%4h0.07173−0.056%$209K$125K50xas long as short
MEXC MANTA_USDT+0.0100%4h0.07181+0.056%$13.8M$585K50xas long as short
KuCoin MANTAUSDTMlong+0.0100%4h0.07177long leg$284K$36K50x
Variational Omni MANTA+0.0100%4h0.07170−0.100%$17K$2Kas long as short
BloFin MANTA-USDT+0.0121%4h0.07180+0.042%$324K$19K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MANTA-USDT+0.0454%4h0.071770.000%$1.5Mas long as short
Bitget MANTAUSDT+0.0472%4h0.07190+0.181%$3.2M$404K50xas long as short