Funding arb · Price arb /

MANTRA

all MANTRA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against KuCoin+0.090%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$295as in the Funding arb table

Net, price: spread back to 7d avg − costs−$331as in the Price arb table

costs, in and out, $10k−$3373.371% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.425%+$43 on $10k

Price spread, last 4 days (all we have)−0.163%−$16 · spread now +0.090%, 7d avg +0.029%

Together, before fees+0.262%+$26 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.061% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MANTRAUSDTM	0.004440	0.0100	pay 0.0050% / 4h	1h 31m	$436K	$202K	50x
Short	Gate MANTRA_USDT	0.004444	0.0100	get 0.0050% / 4h	1h 31m	$188K	$123K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee GatebpOrdersPrice spread, now +0.090%Rate

Funding earned: $0
Price spread: +0.090% → +0.029%: $6.12
Slippage, 4 orders: −$310.12
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$331.01
Costs to cover: 3.371%
Break-even: never at this rate

Slippage from KuCoin: live order book, 66 min ago; Gate: live order book, 24 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, 66 min ago	44.65 bp	99.9 bp −$100	470.4 bp −$4,704	doesn't fit	doesn't fit
Sell Gate live order book, 24 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
BloFin MANTRA-USDT	+0.0095%	4h	0.004446	+0.135%	$132K	$26K	50x	as long as short
Aster MANTRAUSDT	+0.0100%	4h	0.004447	+0.158%	$22K	$16K	5x	as long as short
Binance MANTRAUSDT	+0.0100%	4h	0.004444	+0.090%	$2.0M	$3.6M	50x	as long as short
Gate MANTRA_USDTshort	+0.0100%	4h	0.004444	+0.090%	$188K	$123K	50x
MEXC MANTRA_USDT	+0.0100%	4h	0.004446	+0.135%	$1.2M	$221K	50x	as long as short
KuCoin MANTRAUSDTMlong	+0.0100%	4h	0.004440	long leg	$436K	$202K	50x
Bitget MANTRAUSDT	+0.0100%	4h	0.004440	0.000%	$922K	$434K	50x	as long as short
BingX MANTRA-USDT	+0.0100%	4h	0.004445	+0.113%	—	$1.7M	—	as long as short