Funding you earn now, next payment 03:00 UTC−0.4151%/8h= −454.5% APRpaid last 24h −1.199%
Price spread now: Injective against MEXC−1.229%115s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.378%−$238 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$125 a day on $10k at the current rate, and Injective is 1.229% cheaper against MEXC than usual: you would sell low and buy high (−$123 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -2.378% in total (about -124.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MANTA_USDT | 0.07080 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $13.6M | $591K | 50x |
| Short | Injective MANTA/USDC PERP | 0.06993 | −0.4051 | pay 0.0506% / 1h | 39m 29s | $2K | $40K | 5.5x |
MEXC MANTA_USDT
Injective MANTA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$871.67
- Price spread: −1.229% → 0.000%
- −$122.88
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$998.57
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 9 min ago; Injective: 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 MEXC live order book, 9 min ago | 1.41 bp | 14.4 bp −$14 | 35.3 bp −$353 | 156.7 bp −$15.7K | 486.1 bp −$243.0K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 PERPshort | −0.4051% | 1h | 0.06993 | −1.229% | $2K | $40K | 5.5x | |
| BloFin MANTA-USDT | +0.0075% | 4h | 0.07084 | +0.056% | $323K | $23K | 50x | as long as short |
| Hyperliquid MANTA | +0.0100% | 1h | 0.07095 | +0.212% | $476K | $239K | 3x | as long as short |
| Aster MANTAUSDT | +0.0100% | 4h | 0.07089 | +0.133% | $5K | $7K | 5x | as long as short |
| Binance MANTAUSDT | +0.0100% | 4h | 0.07089 | +0.127% | $5.5M | $4.5M | 50x | as long as short |
| Bybit MANTAUSDT | +0.0100% | 4h | 0.07076 | −0.056% | $3.3M | $798K | 25x | as long as short |
| Gate MANTA_USDT | +0.0100% | 4h | 0.07090 | +0.141% | $206K | $133K | 50x | as long as short |
| MEXC MANTA_USDTlong | +0.0100% | 4h | 0.07080 | long leg | $13.6M | $591K | 50x | |
| KuCoin MANTAUSDTM | +0.0100% | 4h | 0.07080 | 0.000% | $236K | $53K | 50x | as long as short |
| Variational Omni MANTA | +0.0100% | 4h | 0.07069 | −0.161% | $17K | $3K | — | as long as short |
BloFin MANTA-USDT
Hyperliquid MANTA
Aster MANTAUSDT
Binance MANTAUSDT
Bybit MANTAUSDT
Gate MANTA_USDT
KuCoin MANTAUSDTM
Variational Omni MANTAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MANTAUSDT | +0.0274% | 4h | 0.07093 | +0.184% | $3.2M | $409K | 50x | as long as short |
| BingX MANTA-USDT | +0.0274% | 4h | 0.07081 | +0.014% | — | $1.5M | — | as long as short |
Bitget MANTAUSDT
BingX MANTA-USDT