Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance−0.034%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1101.096% of the position
Funding, last 7 days+0.092%+$9 on $10k
+Price spread, last 7 days+0.051%+$5 · spread now −0.034%, 7d avg +0.011%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.045% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.011%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.092%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MANTRAUSDT | 0.004477 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $2.0M | $3.2M | 50x |
| Short | BingX MANTRA-USDT | 0.004475 | 0.0070 | get 0.0035% / 4h | 2h 21m | — | $1.7M | — |
Binance MANTRAUSDT
BingX MANTRA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- −$6.3
- Price spread: −0.034% → +0.011%
- −$4.52
- Slippage, 4 orders
- −$89.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$120.41
- Costs to cover
- 1.096%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; BingX: live order book, 10 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 Binance live order book, 14 min ago | 1.12 bp | 25.0 bp −$25 | 215.2 bp −$2,152 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 6.72 bp | 30.7 bp −$31 | 87.8 bp −$878 | 769.0 bp −$76.9K | 1144.5 bp −$572.3K |
MANTRA on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX MANTRA-USDTshort | +0.0070% | 4h | 0.004475 | −0.034% | — | $1.7M | — | |
| BloFin MANTRA-USDT | +0.0090% | 4h | 0.004469 | −0.168% | $132K | $24K | 50x | as long as short |
| Aster MANTRAUSDT | +0.0100% | 4h | 0.004478 | +0.027% | $22K | $9K | 5x | as long as short |
| Binance MANTRAUSDTlong | +0.0100% | 4h | 0.004477 | long leg | $2.0M | $3.2M | 50x | |
| MEXC MANTRA_USDT | +0.0100% | 4h | 0.004476 | −0.012% | $1.3M | $219K | 50x | as long as short |
| KuCoin MANTRAUSDTM | +0.0100% | 4h | 0.004479 | +0.055% | $421K | $216K | 50x | as long as short |
| Bitget MANTRAUSDT | +0.0100% | 4h | 0.004471 | −0.124% | $926K | $386K | 50x | as long as short |
| Gate MANTRA_USDT | +0.0130% | 4h | 0.004470 | −0.146% | $191K | $112K | 50x | as long as short |
BloFin MANTRA-USDT
Aster MANTRAUSDT
MEXC MANTRA_USDT
KuCoin MANTRAUSDTM
Bitget MANTRAUSDT
Gate MANTRA_USDT