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: KuCoin against BingX+0.022%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$280as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2192.195% of the position
Funding, last 7 days−0.605%−$61 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.022%, 7d avg −0.027%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.049% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.027%. Mind the row above: over the last 7 days funding on this pair cost −0.605%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MANTRA-USDT | 0.004474 | 0.0070 | pay 0.0035% / 4h | 3h 29m | — | $1.7M | — |
| Short | KuCoin MANTRAUSDTM | 0.004475 | 0.0100 | get 0.0050% / 4h | 3h 29m | $421K | $217K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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: +0.022% → −0.027%
- $4.93
- Slippage, 4 orders
- −$197.46
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$208.23
- Costs to cover
- 2.195%
- Break-even
- 238.4 days
Slippage from BingX: live order book, 3 min ago; KuCoin: live order book, 43 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 BingX live order book, 3 min ago | 6.71 bp | 23.0 bp −$23 | 88.0 bp −$880 | 926.3 bp −$92.6K | 1279.4 bp −$639.7K |
| Sell KuCoin live order book, 43 min ago | 25.85 bp | 79.2 bp −$79 | 348.6 bp −$3,486 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MANTRA-USDT | +0.0069% | 4h | 0.004481 | +0.156% | $133K | $24K | 50x | as long as short |
| BingX MANTRA-USDTlong | +0.0070% | 4h | 0.004474 | long leg | — | $1.7M | — | |
| Aster MANTRAUSDT | +0.0100% | 4h | 0.004475 | +0.014% | $22K | $8K | 5x | as long as short |
| Binance MANTRAUSDT | +0.0100% | 4h | 0.004477 | +0.067% | $2.0M | $3.3M | 50x | as long as short |
| MEXC MANTRA_USDT | +0.0100% | 4h | 0.004476 | +0.045% | $1.3M | $221K | 50x | as long as short |
| KuCoin MANTRAUSDTMshort | +0.0100% | 4h | 0.004475 | +0.022% | $421K | $217K | 50x | |
| Bitget MANTRAUSDT | +0.0100% | 4h | 0.004476 | +0.045% | $923K | $391K | 50x | as long as short |
| Gate MANTRA_USDT | +0.0788% | 4h | 0.004465 | −0.201% | $192K | $112K | 50x | as long as short |
BingX MANTRA-USDT
KuCoin MANTRAUSDTM
BloFin MANTRA-USDT
Aster MANTRAUSDT
Binance MANTRAUSDT
MEXC MANTRA_USDT
Bitget MANTRAUSDT
Gate MANTRA_USDT