Funding you earn now, next payment 04:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.11 per $10,000 · paid last 24h −0.001%
Price spread now: BingX against BloFin+0.111%66s7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as 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−$1001.004% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 3 days (all we have)−0.083%−$8 · spread now +0.111%, 7d avg −0.009%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.120% dearer against BloFin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.009%. The two prices were read 66 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 | BloFin MANTRA-USDT | 0.004498 | 0.0077 | pay 0.0039% / 4h | 3h 10m | $133K | $28K | 50x |
| Short | BingX MANTRA-USDT | 0.004503 | 0.0100 | get 0.0050% / 4h | 3h 10m | — | $1.7M | — |
BloFin MANTRA-USDT
BingX MANTRA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $4.83
- Price spread: +0.111% → −0.009%
- $12
- Slippage, 4 orders
- −$78.39
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$83.56
- Costs to cover
- 1.004%
- Break-even
- 128.2 days
Slippage from BloFin: live order book, 46 min ago; BingX: live order book, 8 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 BloFin live order book, 46 min ago | 2.22 bp | 20.0 bp −$20 | 77.0 bp −$770 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 5.56 bp | 29.4 bp −$29 | 86.5 bp −$865 | 664.8 bp −$66.5K | 1103.9 bp −$551.9K |
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-USDTlong | +0.0077% | 4h | 0.004498 | long leg | $133K | $28K | 50x | |
| Aster MANTRAUSDT | +0.0100% | 4h | 0.004498 | +0.002% | $22K | $19K | 5x | as long as short |
| Binance MANTRAUSDT | +0.0100% | 4h | 0.004501 | +0.067% | $2.0M | $3.8M | 50x | as long as short |
| Gate MANTRA_USDT | +0.0100% | 4h | 0.004500 | +0.044% | $193K | $201K | 50x | as long as short |
| MEXC MANTRA_USDT | +0.0100% | 4h | 0.004504 | +0.133% | $1.3M | $229K | 50x | as long as short |
| KuCoin MANTRAUSDTM | +0.0100% | 4h | 0.004498 | 0.000% | $444K | $206K | 50x | as long as short |
| Bitget MANTRAUSDT | +0.0100% | 4h | 0.004500 | +0.044% | $959K | $491K | 50x | as long as short |
| BingX MANTRA-USDTshort | +0.0100% | 4h | 0.004503 | +0.111% | — | $1.7M | — |
Aster MANTRAUSDT
Binance MANTRAUSDT
Gate MANTRA_USDT
MEXC MANTRA_USDT
KuCoin MANTRAUSDTM
Bitget MANTRAUSDT