Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin−0.067%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$285as in the Funding arb table
Net, price: spread back to 7d avg − costs−$355as in the Price arb table
costs, in and out, $10k−$3463.457% of the position
Funding, last 7 days+0.605%+$61 on $10k
+Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.067%, 7d avg +0.026%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.093% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.026%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.605%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MANTRAUSDTM | 0.004478 | 0.0100 | pay 0.0050% / 4h | 2h 35m | $421K | $216K | 50x |
| Short | BingX MANTRA-USDT | 0.004475 | 0.0070 | get 0.0035% / 4h | 2h 35m | — | $1.7M | — |
KuCoin MANTRAUSDTM
BingX MANTRA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- −$6.3
- Price spread: −0.067% → +0.026%
- −$9.26
- Slippage, 4 orders
- −$323.69
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$361.26
- Costs to cover
- 3.457%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 23 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 KuCoin live order book, 23 min ago | 39.01 bp | 215.2 bp −$215 | 1055.5 bp −$10.6K | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 6.72 bp | 29.2 bp −$29 | 84.7 bp −$847 | 697.4 bp −$69.7K | 1108.0 bp −$554.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX MANTRA-USDTshort | +0.0070% | 4h | 0.004475 | −0.067% | — | $1.7M | — | |
| Aster MANTRAUSDT | +0.0100% | 4h | 0.004480 | +0.054% | $22K | $9K | 5x | as long as short |
| Binance MANTRAUSDT | +0.0100% | 4h | 0.004485 | +0.155% | $2.0M | $3.3M | 50x | as long as short |
| MEXC MANTRA_USDT | +0.0100% | 4h | 0.004483 | +0.112% | $1.3M | $218K | 50x | as long as short |
| KuCoin MANTRAUSDTMlong | +0.0100% | 4h | 0.004478 | long leg | $421K | $216K | 50x | |
| Bitget MANTRAUSDT | +0.0100% | 4h | 0.004487 | +0.201% | $928K | $388K | 50x | as long as short |
| BloFin MANTRA-USDT | +0.0124% | 4h | 0.004480 | +0.045% | $133K | $24K | 50x | as long as short |
| Gate MANTRA_USDT | +0.0328% | 4h | 0.004472 | −0.134% | $192K | $112K | 50x | as long as short |
Aster MANTRAUSDT
Binance MANTRAUSDT
MEXC MANTRA_USDT
Bitget MANTRAUSDT
BloFin MANTRA-USDT
Gate MANTRA_USDT