Settings8H · net · $10k
Funding arb · Price arb /

MANA

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h −0.128%
Price spread now: Kraken Futures against Binance+0.149%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1151.149% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.531%−$53 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kraken Futures is 0.149% dearer against Binance than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.531%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MANAUSDT0.086630.0100pay 0.0100% / 8h5h 30m$3.4M$5.4M75x
ShortKraken Futures PF_MANAUSD0.086760.0128get 0.0016% / 1h30m 46s$101K$63K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Binance. 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

Funding earned
$5.92
Price spread: +0.149% → 0.000%
$14.85
Slippage, 4 orders
−$94.9
Fee Binance: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$94.12
Costs to cover
1.149%
Break-even
118.2 days
Slippage from Binance: live order book, 7 min ago; Kraken Futures: live order book, 63 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago2.90 bp16.9 bp −$1755.4 bp −$554doesn't fitdoesn't fit
Sell Kraken Futures live order book, 63 min ago8.71 bp35.8 bp −$36doesn't fitdoesn't fitdoesn't fit

MANA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MANA−0.0116%8h0.08642−0.237%$84K$3Kas long as short
Injective MANA/USDC PERP+0.0033%1h0.08580−0.955%$1K$2795.5xas long as short
BingX MANA-USDT+0.0070%8h0.08655−0.089%$2.4Mas long as short
Aster MANAUSDT+0.0100%8h0.08660−0.028%$8K$7K5xas long as short
Binance MANAUSDTlong+0.0100%8h0.08663long leg$3.4M$5.4M75x
Bybit MANAUSDT+0.0100%8h0.08645−0.205%$2.8M$858K75xas long as short
OKX MANA-USDT-SWAP+0.0100%8h0.08655−0.089%$597K$1.8M20xas long as short
Gate MANA_USDT+0.0100%8h0.08661−0.020%$317K$332K75xas long as short
MEXC MANA_USDT+0.0100%8h0.08660−0.032%$13.1M$688K200xas long as short
KuCoin MANAUSDTM+0.0100%8h0.08660−0.032%$1.7M$72K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MANAUSDT+0.0100%8h0.08664+0.017%$1.6M$492K25xas long as short
BloFin MANA-USDT+0.0113%8h0.08658−0.055%$169K$55K20xas long as short
Kraken Futures PF_MANAUSDshort+0.0128%1h0.08676+0.149%$101K$63K20x