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 MEXC+0.084%7-day average +0.137% · 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)−0.006%−$1 · spread now +0.084%, 7d avg +0.137%
Together, before fees+0.016%+ Points / potential airdropHyperliquid: Season 2 · farm board+$2 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 0.053% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.137%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC MANTA_USDT0.071720.0100pay 0.0050% / 4h3h 19m$13.8M$584K50x
ShortHyperliquid MANTA0.071780.0100get 0.0013% / 1h19m 00s$542K$210K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0
Price spread: +0.084% → +0.137%
−$5.29
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$18.29
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 4 min ago; Hyperliquid: live order book, 41 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 MEXC live order book, 4 min ago0.70 bp10.1 bp −$1027.8 bp −$278120.7 bp −$12.1K430.8 bp −$215.4K
Sell Hyperliquid live order book, 41 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%1h0.07090−1.143%$2K$40K5.5xas long as short
Hyperliquid MANTAshort+0.0100%1h0.07178+0.084%$542K$210K3x
Aster MANTAUSDT+0.0100%4h0.07175+0.036%$5K$8K5xas long as short
Binance MANTAUSDT+0.0100%4h0.07171−0.009%$5.6M$4.5M50xas long as short
Bybit MANTAUSDT+0.0100%4h0.07168−0.056%$3.4M$888K25xas long as short
Gate MANTA_USDT+0.0100%4h0.07170−0.028%$208K$125K50xas long as short
MEXC MANTA_USDTlong+0.0100%4h0.07172long leg$13.8M$584K50x
KuCoin MANTAUSDTM+0.0100%4h0.07170−0.028%$284K$40K50xas long as short
Variational Omni MANTA+0.0100%4h0.07170−0.030%$17K$2Kas long as short
BloFin MANTA-USDT+0.0100%4h0.07178+0.084%$324K$19K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MANTA-USDT+0.0438%4h0.07171−0.014%$1.5Mas long as short
Bitget MANTAUSDT+0.0478%4h0.07181+0.125%$3.2M$404K50xas long as short