Funding arb · Price arb /

MANTA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against KuCoin+0.237%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.237% dearer against KuCoin than usual: you sell high and buy low, +$24 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MANTAUSDTM	0.07083	0.0100	pay 0.0050% / 4h	26m 31s	$236K	$53K	50x
Short	Variational Omni MANTA	0.07100	0.0100	get 0.0050% / 4h	26m 31s	$17K	$3K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now +0.237%Rate

Funding earned: $0
Price spread: +0.237% → 0.000%: $23.66
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $11.66
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: KuCoin: live order book, 54 min ago; Variational Omni: no order-book sample. 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 KuCoin live order book, 54 min ago	34.24 bp	379.9 bp −$380	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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 PERP	−0.3997%	1h	0.07024	−0.833%	$2K	$40K	5.5x	as long as short
Aster MANTAUSDT	+0.0100%	4h	0.07105	+0.314%	$5K	$7K	5x	as long as short
Binance MANTAUSDT	+0.0100%	4h	0.07100	+0.240%	$5.6M	$4.5M	50x	as long as short
Bybit MANTAUSDT	+0.0100%	4h	0.07086	+0.042%	$3.3M	$834K	25x	as long as short
Gate MANTA_USDT	+0.0100%	4h	0.07094	+0.155%	$218K	$129K	50x	as long as short
MEXC MANTA_USDT	+0.0100%	4h	0.07104	+0.296%	$13.6M	$608K	50x	as long as short
KuCoin MANTAUSDTMlong	+0.0100%	4h	0.07083	long leg	$236K	$53K	50x
Variational Omni MANTAshort	+0.0100%	4h	0.07100	+0.237%	$17K	$3K	—
BloFin MANTA-USDT	+0.0158%	4h	0.07087	+0.056%	$323K	$23K	50x	as long as short
BingX MANTA-USDT	+0.0204%	4h	0.07097	+0.198%	—	$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	+0.0208%	4h	0.07117	+0.480%	$3.2M	$397K	50x	as long as short
Hyperliquid MANTA	+0.0338%	1h	0.07116	+0.466%	$476K	$231K	3x	as long as short