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
Funding, last 7 days−0.531%−$53 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MANAUSDT | 0.08663 | 0.0100 | pay 0.0100% / 8h | 5h 30m | $3.4M | $5.4M | 75x |
| Short | Kraken Futures PF_MANAUSD | 0.08676 | 0.0128 | get 0.0016% / 1h | 30m 46s | $101K | $63K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 7 min ago | 2.90 bp | 16.9 bp −$17 | 55.4 bp −$554 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 63 min ago | 8.71 bp | 35.8 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
MANA on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MANA | −0.0116% | 8h | 0.08642 | −0.237% | $84K | $3K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | −0.955% | $1K | $279 | 5.5x | as long as short |
| BingX MANA-USDT | +0.0070% | 8h | 0.08655 | −0.089% | — | $2.4M | — | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08660 | −0.028% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDTlong | +0.0100% | 8h | 0.08663 | long leg | $3.4M | $5.4M | 75x | |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08645 | −0.205% | $2.8M | $858K | 75x | as long as short |
| OKX MANA-USDT-SWAP | +0.0100% | 8h | 0.08655 | −0.089% | $597K | $1.8M | 20x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08661 | −0.020% | $317K | $332K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08660 | −0.032% | $13.1M | $688K | 200x | as long as short |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08660 | −0.032% | $1.7M | $72K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MANAUSDT | +0.0100% | 8h | 0.08664 | +0.017% | $1.6M | $492K | 25x | as long as short |
| BloFin MANA-USDT | +0.0113% | 8h | 0.08658 | −0.055% | $169K | $55K | 20x | as long as short |
| Kraken Futures PF_MANAUSDshort | +0.0128% | 1h | 0.08676 | +0.149% | $101K | $63K | 20x |
Binance MANAUSDT
Kraken Futures PF_MANAUSD
Variational Omni MANA
Injective MANA/USDC PERP
BingX MANA-USDT
Aster MANAUSDT
Bybit MANAUSDT
OKX MANA-USDT-SWAP
Gate MANA_USDT
MEXC MANA_USDT
KuCoin MANAUSDTM
Bitget MANAUSDT
BloFin MANA-USDT