Funding you earn now, next payment 04:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h −0.001%
Price spread now: KuCoin against BloFin−0.090%545s7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$647as 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−$5905.896% of the position
Funding, last 7 days−0.578%−$58 on $10k
+Price spread, last 3 days (all we have)+0.187%+$19 · spread now −0.090%, 7d avg −0.032%
=Funding pays, the price is against you. KuCoin is 0.057% cheaper against BloFin than usual: you would sell low and buy high (spread −0.090% now, against its 7-day average of −0.032%). If the spread goes back, that is −$6 on $10k: about 5.3 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.578%, so the current rate has only just turned in your favour. The two prices were read 545 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 | 0.004462 | 0.0064 | pay 0.0032% / 4h | 2h 40m | $133K | $27K | 50x |
| Short | KuCoin MANTRAUSDTM | 0.004458 | 0.0100 | get 0.0050% / 4h | 2h 40m | $438K | $206K | 50x |
BloFin MANTRA-USDT
KuCoin MANTRAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $7.61
- Price spread: −0.090% → −0.032%
- −$5.72
- Slippage, 4 orders
- −$565.62
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$587.74
- Costs to cover
- 5.896%
- Break-even
- 547.9 days
Slippage from BloFin: live order book, 11 min ago; KuCoin: live order book, 72 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, 11 min ago | 1.12 bp | 13.9 bp −$14 | 52.4 bp −$524 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 72 min ago | 32.28 bp | 77.7 bp −$78 | 741.2 bp −$7,412 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MANTRA-USDTlong | +0.0064% | 4h | 0.004462 | long leg | $133K | $27K | 50x | |
| Aster MANTRAUSDT | +0.0100% | 4h | 0.004456 | −0.146% | $22K | $19K | 5x | as long as short |
| Binance MANTRAUSDT | +0.0100% | 4h | 0.004459 | −0.067% | $2.0M | $3.8M | 50x | as long as short |
| Gate MANTRA_USDT | +0.0100% | 4h | 0.004464 | +0.045% | $191K | $125K | 50x | as long as short |
| MEXC MANTRA_USDT | +0.0100% | 4h | 0.004458 | −0.090% | $1.2M | $226K | 50x | as long as short |
| KuCoin MANTRAUSDTMshort | +0.0100% | 4h | 0.004458 | −0.090% | $438K | $206K | 50x | |
| Bitget MANTRAUSDT | +0.0100% | 4h | 0.004455 | −0.157% | $933K | $483K | 50x | as long as short |
| BingX MANTRA-USDT | +0.0100% | 4h | 0.004456 | −0.134% | — | $1.7M | — | as long as short |
Aster MANTRAUSDT
Binance MANTRAUSDT
Gate MANTRA_USDT
MEXC MANTRA_USDT
Bitget MANTRAUSDT
BingX MANTRA-USDT