Funding you earn now, next payment 00:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against KuCoin−0.045%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$562as in the Funding arb table
Net, price: spread back to 7d avg − costs−$627as in the Price arb table
costs, in and out, $10k−$6206.199% of the position
Funding, last 7 days+0.579%+$58 on $10k
+Price spread, last 3 days (all we have)+0.057%+$6 · spread now −0.045%, 7d avg +0.029%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.074% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.029%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.579%, 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 | 0.004454 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $492K | $60K | 50x |
| Short | BloFin MANTRA-USDT | 0.004452 | 0.0074 | get 0.0037% / 4h | 1h 59m | $135K | $31K | 50x |
KuCoin MANTRAUSDTM
BloFin MANTRA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$5.47
- Price spread: −0.045% → +0.029%
- −$7.43
- Slippage, 4 orders
- −$595.92
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$632.82
- Costs to cover
- 6.199%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 13 min ago; BloFin: live order book, 14 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, 13 min ago | 24.71 bp | 332.0 bp −$332 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 14 min ago | 1.12 bp | 16.6 bp −$17 | 64.3 bp −$643 | 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-USDTshort | +0.0074% | 4h | 0.004452 | −0.045% | $135K | $31K | 50x | |
| Aster MANTRAUSDT | +0.0100% | 4h | 0.004453 | −0.028% | $22K | $20K | 5x | as long as short |
| Binance MANTRAUSDT | +0.0100% | 4h | 0.004453 | −0.031% | $2.0M | $3.9M | 50x | as long as short |
| Gate MANTRA_USDT | +0.0100% | 4h | 0.004455 | +0.022% | $195K | $205K | 50x | as long as short |
| MEXC MANTRA_USDT | +0.0100% | 4h | 0.004451 | −0.067% | $1.3M | $225K | 50x | as long as short |
| KuCoin MANTRAUSDTMlong | +0.0100% | 4h | 0.004454 | long leg | $492K | $60K | 50x | |
| Bitget MANTRAUSDT | +0.0100% | 4h | 0.004456 | +0.045% | $941K | $424K | 50x | as long as short |
| BingX MANTRA-USDT | +0.0100% | 4h | 0.004453 | −0.022% | — | $1.7M | — | as long as short |
Aster MANTRAUSDT
Binance MANTRAUSDT
Gate MANTRA_USDT
MEXC MANTRA_USDT
Bitget MANTRAUSDT
BingX MANTRA-USDT