Funding you earn now, next payment 04:00 UTC−0.0038%/8h= −4.1% APRnext payment −$0.19 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against MEXC−0.022%79s7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as 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−$680.676% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 3 days (all we have)+0.017%+$2 · spread now −0.022%, 7d avg +0.035%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.057% cheaper against MEXC than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.035%). Swap the legs. The two prices were read 79 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 | MEXC MANTRA_USDT | 0.004501 | 0.0100 | pay 0.0050% / 4h | 3h 33m | $1.3M | $224K | 50x |
| Short | BloFin MANTRA-USDT | 0.004500 | 0.0062 | get 0.0031% / 4h | 3h 33m | $133K | $27K | 50x |
MEXC MANTRA_USDT
BloFin MANTRA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- −$7.96
- Price spread: −0.022% → +0.035%
- −$5.75
- Slippage, 4 orders
- −$51.58
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$81.29
- Costs to cover
- 0.676%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 22 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 MEXC live order book, 2 min ago | 2.22 bp | 10.9 bp −$11 | 64.6 bp −$646 | 455.7 bp −$45.6K | doesn't fit |
| Sell BloFin live order book, 22 min ago | 2.22 bp | 21.1 bp −$21 | 66.0 bp −$660 | 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 | +0.0062% | 4h | 0.004500 | −0.022% | $133K | $27K | 50x | |
| Aster MANTRAUSDT | +0.0100% | 4h | 0.004501 | −0.009% | $22K | $19K | 5x | as long as short |
| Binance MANTRAUSDT | +0.0100% | 4h | 0.004502 | +0.022% | $2.0M | $4.1M | 50x | as long as short |
| Gate MANTRA_USDT | +0.0100% | 4h | 0.004506 | +0.111% | $199K | $197K | 50x | as long as short |
| MEXC MANTRA_USDTlong | +0.0100% | 4h | 0.004501 | long leg | $1.3M | $224K | 50x | |
| KuCoin MANTRAUSDTM | +0.0100% | 4h | 0.004500 | −0.022% | $448K | $205K | 50x | as long as short |
| Bitget MANTRAUSDT | +0.0100% | 4h | 0.004501 | 0.000% | $960K | $502K | 50x | as long as short |
| BingX MANTRA-USDT | +0.0100% | 4h | 0.004504 | +0.067% | — | $1.7M | — | as long as short |
Aster MANTRAUSDT
Binance MANTRAUSDT
Gate MANTRA_USDT
KuCoin MANTRAUSDTM
Bitget MANTRAUSDT
BingX MANTRA-USDT