Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.16 per $10,000 · paid last 24h −0.006%
Price spread now: Binance against BloFin−0.133%61s7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as 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−$690.689% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.133%, 7d avg +0.009%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.142% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.009%). Swap the legs. The two prices were read 61 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 | BloFin MANA-USDT | 0.08708 | 0.0116 | pay 0.0116% / 8h | 3h 24m | $170K | $69K | 20x |
| Short | Binance MANAUSDT | 0.08696 | 0.0100 | get 0.0100% / 8h | 3h 24m | $3.5M | $5.6M | 75x |
BloFin MANA-USDT
Binance MANAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$3.45
- Price spread: −0.133% → +0.009%
- −$14.19
- Slippage, 4 orders
- −$46.87
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$86.52
- Costs to cover
- 0.689%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 58 min ago; Binance: live order book, 14 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 BloFin live order book, 58 min ago | 1.73 bp | 17.1 bp −$17 | 38.8 bp −$388 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 3.44 bp | 13.8 bp −$14 | 59.1 bp −$591 | 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 | −0.0159% | 8h | 0.08688 | −0.231% | $85K | $3K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08760 | +0.597% | $901 | $1K | 5.5x | as long as short |
| BingX MANA-USDT | +0.0070% | 8h | 0.08698 | −0.115% | — | $2.4M | — | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08711 | +0.034% | $8K | $6K | 5x | as long as short |
| Binance MANAUSDTshort | +0.0100% | 8h | 0.08696 | −0.133% | $3.5M | $5.6M | 75x | |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08682 | −0.299% | $2.8M | $877K | 75x | as long as short |
| OKX MANA-USDT-SWAP | +0.0100% | 8h | 0.08690 | −0.207% | $623K | $1.9M | 20x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08692 | −0.184% | $307K | $343K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08696 | −0.138% | $13.2M | $696K | 200x | as long as short |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08700 | −0.092% | $1.7M | $71K | 50x | as long as short |
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 MANAUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MANAUSDT | +0.0100% | 8h | 0.08707 | −0.011% | $1.7M | $488K | 25x | as long as short |
| BloFin MANA-USDTlong | +0.0116% | 8h | 0.08708 | long leg | $170K | $69K | 20x | |
| Kraken Futures PF_MANAUSD | +0.0355% | 1h | 0.08703 | −0.056% | $102K | $66K | 20x | as long as short |
Bitget MANAUSDT
Kraken Futures PF_MANAUSD