Funding you earn now, next payment 04:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.18 per $10,000 · paid last 24h −0.006%
Price spread now: BloFin against Bitget+0.023%55s7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as 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−$1361.356% of the position
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 4 days (all we have)−0.235%−$24 · spread now +0.023%, 7d avg −0.004%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.027% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.004%. Mind the row above: over the last 7 days funding on this pair cost −0.085%, so the current rate has only just turned in your favour. The two prices were read 55 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 | Bitget MANTRAUSDT | 0.004430 | 0.0100 | pay 0.0050% / 4h | 48m 16s | $921K | $426K | 50x |
| Short | BloFin MANTRA-USDT | 0.004431 | 0.0135 | get 0.0068% / 4h | 48m 16s | $132K | $24K | 50x |
Bitget MANTRAUSDT
BloFin MANTRA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $7.35
- Price spread: +0.023% → −0.004%
- $2.7
- Slippage, 4 orders
- −$111.6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$125.55
- Costs to cover
- 1.356%
- Break-even
- 126.5 days
Slippage from Bitget: live order book, 8 min ago; BloFin: live order book, 48 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 Bitget live order book, 8 min ago | 6.74 bp | 51.2 bp −$51 | 402.8 bp −$4,028 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 48 min ago | 1.13 bp | 22.3 bp −$22 | 67.1 bp −$671 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MANTRAUSDT | +0.0100% | 4h | 0.004426 | −0.087% | $22K | $16K | 5x | as long as short |
| Binance MANTRAUSDT | +0.0100% | 4h | 0.004427 | −0.058% | $2.0M | $3.6M | 50x | as long as short |
| MEXC MANTRA_USDT | +0.0100% | 4h | 0.004427 | −0.068% | $1.3M | $224K | 50x | as long as short |
| KuCoin MANTRAUSDTM | +0.0100% | 4h | 0.004428 | −0.045% | $437K | $201K | 50x | as long as short |
| Bitget MANTRAUSDTlong | +0.0100% | 4h | 0.004430 | long leg | $921K | $426K | 50x | |
| BingX MANTRA-USDT | +0.0100% | 4h | 0.004425 | −0.113% | — | $1.7M | — | as long as short |
| BloFin MANTRA-USDTshort | +0.0135% | 4h | 0.004431 | +0.023% | $132K | $24K | 50x | |
| Gate MANTRA_USDT | +0.0198% | 4h | 0.004430 | 0.000% | $188K | $110K | 50x | as long as short |
Aster MANTRAUSDT
Binance MANTRAUSDT
MEXC MANTRA_USDT
KuCoin MANTRAUSDTM
BingX MANTRA-USDT
Gate MANTRA_USDT