MANTA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.005%

Price spread now: BloFin against MEXC−0.128%64s7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$66as 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−$680.678% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$2 on $10k

Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.128%, 7d avg +0.009%

Together, before fees+0.148%+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.137% cheaper against MEXC than usual: you would sell low and buy high (spread −0.128% now, against its 7-day average of +0.009%). If the spread goes back, that is −$14 on $10k: about 23 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.015% in total) that is about 2 months. The two prices were read 64 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	MEXC MANTA_USDT	0.07045	0.0100	pay 0.0050% / 4h	2h 54m	$13.6M	$628K	50x
Short	BloFin MANTA-USDT	0.07036	0.0119	get 0.0060% / 4h	2h 54m	$324K	$23K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now −0.128%Rate

Funding earned: $4.07
Price spread: −0.128% → +0.009%: −$13.66
Slippage, 4 orders: −$51.8
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$77.39
Costs to cover: 0.678%
Break-even: 140.1 days

Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 35 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 MEXC live order book, 4 min ago	0.71 bp	11.9 bp −$12	37.5 bp −$375	115.6 bp −$11.6K	436.5 bp −$218.2K
Sell BloFin live order book, 35 min ago	2.12 bp	16.3 bp −$16	45.2 bp −$452	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	−0.3432%	1h	0.06955	−1.278%	$2K	$40K	5.5x	as long as short
Bybit MANTAUSDT	+0.0047%	4h	0.07034	−0.156%	$3.3M	$841K	25x	as long as short
Aster MANTAUSDT	+0.0100%	4h	0.07040	−0.068%	$5K	$7K	5x	as long as short
Binance MANTAUSDT	+0.0100%	4h	0.07044	−0.014%	$5.5M	$4.6M	50x	as long as short
Gate MANTA_USDT	+0.0100%	4h	0.07034	−0.156%	$208K	$150K	50x	as long as short
MEXC MANTA_USDTlong	+0.0100%	4h	0.07045	long leg	$13.6M	$628K	50x
KuCoin MANTAUSDTM	+0.0100%	4h	0.07033	−0.170%	$234K	$52K	50x	as long as short
Variational Omni MANTA	+0.0100%	4h	0.07042	−0.039%	$16K	$3K	—	as long as short
BloFin MANTA-USDTshort	+0.0119%	4h	0.07036	−0.128%	$324K	$23K	50x
BingX MANTA-USDT	+0.0166%	4h	0.07037	−0.114%	—	$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	+0.0194%	4h	0.07041	−0.057%	$3.2M	$398K	50x	as long as short
Hyperliquid MANTA	+0.0537%	1h	0.07052	+0.099%	$471K	$223K	3x	as long as short