Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.30 per $10,000 · paid last 24h +0.026%
Price spread now: KuCoin against BingX+0.070%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1631.630% of the position
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now +0.070%, 7d avg +0.098%
=Funding pays, the price is against you. KuCoin is 0.028% cheaper against BingX than usual: you would sell low and buy high (spread +0.070% now, against its 7-day average of +0.098%). If the spread goes back, that is −$3 on $10k: about 3.1 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 | 0.08594 | 0.0070 | pay 0.0070% / 8h | 7h 04m | — | $2.4M | — |
| Short | KuCoin MANAUSDTM | 0.08600 | 0.0100 | get 0.0100% / 8h | 7h 04m | $1.7M | $68K | 50x |
BingX MANA-USDT
KuCoin MANAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $6.3
- Price spread: +0.070% → +0.098%
- −$2.77
- Slippage, 4 orders
- −$141.03
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$159.5
- Costs to cover
- 1.630%
- Break-even
- 184.2 days
Slippage from BingX: live order book, 14 min ago; KuCoin: 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, 14 min ago | 5.86 bp | 21.2 bp −$21 | 49.8 bp −$498 | 481.5 bp −$48.2K | 1159.0 bp −$579.5K |
| Sell KuCoin live order book, 1 min ago | 11.63 bp | 71.2 bp −$71 | 220.2 bp −$2,202 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MANAUSD | −0.0246% | 1h | 0.08591 | −0.034% | $92K | $59K | 20x | as long as short |
| Variational Omni MANA | −0.0194% | 8h | 0.08578 | −0.181% | $84K | $3K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | −0.163% | $1K | $279 | 5.5x | as long as short |
| BingX MANA-USDTlong | +0.0070% | 8h | 0.08594 | long leg | — | $2.4M | — | |
| Aster MANAUSDT | +0.0100% | 8h | 0.08591 | −0.031% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08603 | +0.105% | $3.5M | $5.1M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08584 | −0.116% | $2.8M | $816K | 75x | as long as short |
| OKX MANA-USDT-SWAP | +0.0100% | 8h | 0.08592 | −0.023% | $642K | $1.7M | 20x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08594 | 0.000% | $306K | $248K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08591 | −0.035% | $13.0M | $672K | 200x | as long as short |
Kraken Futures PF_MANAUSD
Variational Omni MANA
Injective MANA/USDC PERP
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
OKX MANA-USDT-SWAP
Gate MANA_USDT
MEXC MANA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MANAUSDTMshort | +0.0100% | 8h | 0.08600 | +0.070% | $1.7M | $68K | 50x | |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08595 | +0.012% | $1.6M | $472K | 25x | as long as short |
| BloFin MANA-USDT | +0.0125% | 8h | 0.08600 | +0.070% | $171K | $44K | 20x | as long as short |
Bitget MANAUSDT
BloFin MANA-USDT