Funding you earn now, next payment 00:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.41 per $10,000 · paid last 24h +0.022%
Price spread now: Bybit against BingX−0.141%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$860.862% of the position
Funding, last 7 days+0.125%+$12 on $10k
+Price spread, last 7 days+0.046%+$5 · spread now −0.141%, 7d avg −0.093%
=Funding pays, the price is against you. Bybit is 0.047% cheaper against BingX than usual: you would sell low and buy high (spread −0.141% now, against its 7-day average of −0.093%). If the spread goes back, that is −$5 on $10k: about 3.9 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MANA-USDT | 0.08537 | 0.0059 | pay 0.0059% / 8h | 2h 20m | — | $2.4M | — |
| Short | Bybit MANAUSDT | 0.08525 | 0.0100 | get 0.0100% / 8h | 2h 20m | $2.7M | $756K | 75x |
BingX MANA-USDT
Bybit MANAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $8.61
- Price spread: −0.141% → −0.093%
- −$4.75
- Slippage, 4 orders
- −$65.23
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$82.37
- Costs to cover
- 0.862%
- Break-even
- 74.0 days
Slippage from BingX: live order book, 8 min ago; Bybit: live order book, 1 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, 8 min ago | 4.70 bp | 18.1 bp −$18 | 48.5 bp −$485 | 563.4 bp −$56.3K | 1353.9 bp −$677.0K |
| Sell Bybit live order book, 1 min ago | 3.52 bp | 20.3 bp −$20 | 77.8 bp −$778 | 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 | −0.0416% | 8h | 0.08516 | −0.244% | $83K | $3K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | +0.504% | $1K | $279 | 5.5x | as long as short |
| BingX MANA-USDTlong | +0.0059% | 8h | 0.08537 | long leg | — | $2.4M | — | |
| OKX MANA-USDT-SWAP | +0.0087% | 8h | 0.08534 | −0.035% | $633K | $1.7M | 20x | as long as short |
| BloFin MANA-USDT | +0.0093% | 8h | 0.08546 | +0.105% | $171K | $41K | 20x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08544 | +0.077% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08547 | +0.119% | $3.4M | $4.9M | 75x | as long as short |
| Bybit MANAUSDTshort | +0.0100% | 8h | 0.08525 | −0.141% | $2.7M | $756K | 75x | |
| Gate MANA_USDT | +0.0100% | 8h | 0.08537 | 0.000% | $305K | $231K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08543 | +0.070% | $12.7M | $664K | 200x | as long as short |
Variational Omni MANA
Injective MANA/USDC PERP
OKX MANA-USDT-SWAP
BloFin MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
Gate MANA_USDT
MEXC MANA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08540 | +0.035% | $1.7M | $67K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08547 | +0.114% | $1.6M | $445K | 25x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0173% | 1h | 0.08548 | +0.132% | $98K | $52K | 20x | as long as short |
KuCoin MANAUSDTM
Bitget MANAUSDT
Kraken Futures PF_MANAUSD