Funding you earn now, next payment 04:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.27 per $10,000 · paid last 24h +0.006%
Price spread now: Gate against BloFin−0.450%93s7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as 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−$2112.111% of the position
Funding, last 7 days−0.145%−$15 on $10k
+Price spread, last 4 days (all we have)+0.804%+$80 · spread now −0.450%, 7d avg −0.005%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.444% cheaper against BloFin than usual: you would sell low and buy high (−$44 if the spread goes back to its 7-day average of −0.005%). Swap the legs. The two prices were read 93 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 | 0.004449 | 0.0154 | pay 0.0077% / 4h | 1h 39m | $132K | $26K | 50x |
| Short | Gate MANTRA_USDT | 0.004429 | 0.0100 | get 0.0050% / 4h | 1h 39m | $188K | $123K | 50x |
BloFin MANTRA-USDT
Gate MANTRA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$11.27
- Price spread: −0.450% → −0.005%
- −$44.43
- Slippage, 4 orders
- −$184.15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$266.84
- Costs to cover
- 2.111%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 71 min ago; Gate: live order book, 16 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, 71 min ago | 1.12 bp | 13.9 bp −$14 | 52.4 bp −$524 | doesn't fit | doesn't fit |
| Sell Gate live order book, 16 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 | 0.004439 | −0.235% | $22K | $16K | 5x | as long as short |
| Binance MANTRAUSDT | +0.0100% | 4h | 0.004431 | −0.405% | $2.0M | $3.6M | 50x | as long as short |
| Gate MANTRA_USDTshort | +0.0100% | 4h | 0.004429 | −0.450% | $188K | $123K | 50x | |
| MEXC MANTRA_USDT | +0.0100% | 4h | 0.004429 | −0.450% | $1.2M | $220K | 50x | as long as short |
| KuCoin MANTRAUSDTM | +0.0100% | 4h | 0.004435 | −0.315% | $436K | $203K | 50x | as long as short |
| Bitget MANTRAUSDT | +0.0100% | 4h | 0.004433 | −0.360% | $920K | $436K | 50x | as long as short |
| BingX MANTRA-USDT | +0.0100% | 4h | 0.004431 | −0.405% | — | $1.7M | — | as long as short |
| BloFin MANTRA-USDTlong | +0.0154% | 4h | 0.004449 | long leg | $132K | $26K | 50x |
Aster MANTRAUSDT
Binance MANTRAUSDT
MEXC MANTRA_USDT
KuCoin MANTRAUSDTM
Bitget MANTRAUSDT
BingX MANTRA-USDT