Funding you earn now, next payment 04:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.62 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget+0.113%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$278as in the Funding arb table
Net, price: spread back to 7d avg − costs−$242as in the Price arb table
costs, in and out, $10k−$2552.549% of the position
Funding, last 7 days−0.230%−$23 on $10k
+Price spread, last 4 days (all we have)−0.332%−$33 · spread now +0.113%, 7d avg −0.013%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Gate is 0.125% dearer against Bitget than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.013%. Mind the row above: over the last 7 days funding on this pair cost −0.230%, 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 | Bitget MANTRAUSDT | 0.004438 | 0.0100 | pay 0.0050% / 4h | 53m 37s | $921K | $428K | 50x |
| Short | Gate MANTRA_USDT | 0.004443 | 0.0224 | get 0.0112% / 4h | 53m 37s | $188K | $110K | 50x |
Bitget MANTRAUSDT
Gate MANTRA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $26.04
- Price spread: +0.113% → −0.013%
- $12.53
- Slippage, 4 orders
- −$227.94
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$216.37
- Costs to cover
- 2.549%
- Break-even
- 65.2 days
Slippage from Bitget: live order book, 2 min ago; Gate: live order book, 62 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, 2 min ago | 6.74 bp | 51.2 bp −$51 | 402.8 bp −$4,028 | doesn't fit | doesn't fit |
| Sell Gate live order book, 62 min ago | 9.00 bp | 79.7 bp −$80 | doesn't fit | 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 | 0.004445 | +0.161% | $22K | $16K | 5x | as long as short |
| Binance MANTRAUSDT | +0.0100% | 4h | 0.004439 | +0.027% | $2.0M | $3.6M | 50x | as long as short |
| MEXC MANTRA_USDT | +0.0100% | 4h | 0.004438 | 0.000% | $1.2M | $221K | 50x | as long as short |
| KuCoin MANTRAUSDTM | +0.0100% | 4h | 0.004440 | +0.045% | $438K | $201K | 50x | as long as short |
| Bitget MANTRAUSDTlong | +0.0100% | 4h | 0.004438 | long leg | $921K | $428K | 50x | |
| BingX MANTRA-USDT | +0.0100% | 4h | 0.004440 | +0.045% | — | $1.7M | — | as long as short |
| BloFin MANTRA-USDT | +0.0132% | 4h | 0.004448 | +0.225% | $133K | $24K | 50x | as long as short |
| Gate MANTRA_USDTshort | +0.0224% | 4h | 0.004443 | +0.113% | $188K | $110K | 50x |
Aster MANTRAUSDT
Binance MANTRAUSDT
MEXC MANTRA_USDT
KuCoin MANTRAUSDTM
BingX MANTRA-USDT
BloFin MANTRA-USDT