Funding you earn now, next payment 00:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.29 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against BloFin−0.022%45s7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as 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−$990.987% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 3 days (all we have)+0.235%+$24 · spread now −0.022%, 7d avg +0.004%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.027% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.004%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.076%, so the current rate has only just turned against you. The two prices were read 45 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 | 0.004452 | 0.0158 | pay 0.0079% / 4h | 2h 30m | $135K | $31K | 50x |
| Short | Bitget MANTRAUSDT | 0.004451 | 0.0100 | get 0.0050% / 4h | 2h 30m | $936K | $431K | 50x |
BloFin MANTRA-USDT
Bitget MANTRAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$12.23
- Price spread: −0.022% → +0.004%
- −$2.7
- Slippage, 4 orders
- −$74.69
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$113.62
- Costs to cover
- 0.987%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 50 min ago; Bitget: live order book, 55 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, 50 min ago | 3.36 bp | 22.1 bp −$22 | 69.2 bp −$692 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 55 min ago | 4.47 bp | 28.5 bp −$28 | 155.5 bp −$1,555 | 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 | 0.004452 | +0.009% | $22K | $20K | 5x | as long as short |
| Binance MANTRAUSDT | +0.0100% | 4h | 0.004449 | −0.062% | $2.0M | $3.9M | 50x | as long as short |
| Gate MANTRA_USDT | +0.0100% | 4h | 0.004454 | +0.045% | $197K | $224K | 50x | as long as short |
| MEXC MANTRA_USDT | +0.0100% | 4h | 0.004449 | −0.067% | $1.3M | $229K | 50x | as long as short |
| KuCoin MANTRAUSDTM | +0.0100% | 4h | 0.004451 | −0.022% | $492K | $60K | 50x | as long as short |
| Bitget MANTRAUSDTshort | +0.0100% | 4h | 0.004451 | −0.022% | $936K | $431K | 50x | |
| BingX MANTRA-USDT | +0.0100% | 4h | 0.004449 | −0.067% | — | $1.7M | — | as long as short |
| BloFin MANTRA-USDTlong | +0.0158% | 4h | 0.004452 | long leg | $135K | $31K | 50x |
Aster MANTRAUSDT
Binance MANTRAUSDT
Gate MANTRA_USDT
MEXC MANTRA_USDT
KuCoin MANTRAUSDTM
BingX MANTRA-USDT