Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.2% APRnext payment +$1.20 per $10,000 · paid last 24h +0.026%
Price spread now: BloFin against BingX−0.070%81s7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as 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−$750.749% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 3 days (all we have)+0.185%+$19 · spread now −0.070%, 7d avg +0.046%
=Funding pays, the price is against you. BloFin is 0.116% cheaper against BingX than usual: you would sell low and buy high (spread −0.070% now, against its 7-day average of +0.046%). If the spread goes back, that is −$12 on $10k: about 3.2 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.122% in total) that is about 6.7 days. The two prices were read 81 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 | BingX MANA-USDT | 0.08524 | 0.0008 | pay 0.0008% / 8h | 1h 13m | — | $2.4M | — |
| Short | BloFin MANA-USDT | 0.08518 | 0.0128 | get 0.0128% / 8h | 1h 13m | $171K | $42K | 20x |
BingX MANA-USDT
BloFin MANA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $25.23
- Price spread: −0.070% → +0.046%
- −$11.61
- Slippage, 4 orders
- −$52.93
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$61.31
- Costs to cover
- 0.749%
- Break-even
- 24.0 days
Slippage from BingX: live order book, 10 min ago; BloFin: live order book, 60 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 BingX live order book, 10 min ago | 5.28 bp | 18.6 bp −$19 | 46.0 bp −$460 | 525.1 bp −$52.5K | 1153.1 bp −$576.5K |
| Sell BloFin live order book, 60 min ago | 0.59 bp | 20.5 bp −$21 | 42.0 bp −$420 | 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 | −0.0412% | 8h | 0.08504 | −0.235% | $83K | $3K | — | as long as short |
| BingX MANA-USDTlong | +0.0008% | 8h | 0.08524 | long leg | — | $2.4M | — | |
| OKX MANA-USDT-SWAP | +0.0014% | 8h | 0.08529 | +0.059% | $634K | $1.7M | 20x | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | +0.657% | $1K | $279 | 5.5x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08528 | +0.044% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08531 | +0.083% | $3.4M | $5.0M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08521 | −0.035% | $2.8M | $804K | 75x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08525 | +0.012% | $299K | $236K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08534 | +0.117% | $12.7M | $623K | 200x | as long as short |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08530 | +0.070% | $1.7M | $67K | 50x | as long as short |
Variational Omni MANA
OKX MANA-USDT-SWAP
Injective MANA/USDC PERP
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
Gate MANA_USDT
MEXC MANA_USDT
KuCoin MANAUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MANAUSDT | +0.0100% | 8h | 0.08536 | +0.142% | $1.6M | $463K | 25x | as long as short |
| BloFin MANA-USDTshort | +0.0128% | 8h | 0.08518 | −0.070% | $171K | $42K | 20x | |
| Kraken Futures PF_MANAUSD | +0.0198% | 1h | 0.08534 | +0.121% | $97K | $56K | 20x | as long as short |
Bitget MANAUSDT
Kraken Futures PF_MANAUSD