Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.17 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against BloFin−0.254%7-day average −0.129% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$700.704% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.110%+$11 · spread now −0.254%, 7d avg −0.129%
=Funding pays, the price is against you. Bybit is 0.125% cheaper against BloFin than usual: you would sell low and buy high (spread −0.254% now, against its 7-day average of −0.129%). If the spread goes back, that is −$13 on $10k: about 24 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 | BloFin MANA-USDT | 0.08647 | 0.0083 | pay 0.0083% / 8h | 19m 10s | $171K | $57K | 20x |
| Short | Bybit MANAUSDT | 0.08625 | 0.0100 | get 0.0100% / 8h | 19m 10s | $2.8M | $902K | 75x |
BloFin MANA-USDT
Bybit MANAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $3.62
- Price spread: −0.254% → −0.129%
- −$12.54
- Slippage, 4 orders
- −$47.43
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$79.35
- Costs to cover
- 0.704%
- Break-even
- 160.5 days
Slippage from BloFin: live order book, 43 min ago; Bybit: live order book, 3 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, 43 min ago | 1.16 bp | 16.2 bp −$16 | 36.0 bp −$360 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 4.06 bp | 22.9 bp −$23 | 78.2 bp −$782 | 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 | −0.0267% | 8h | 0.08617 | −0.341% | $84K | $3K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08760 | +1.307% | $901 | $1K | 5.5x | as long as short |
| BingX MANA-USDT | +0.0060% | 8h | 0.08638 | −0.104% | — | $2.4M | — | as long as short |
| OKX MANA-USDT-SWAP | +0.0082% | 8h | 0.08637 | −0.116% | $610K | $1.9M | 20x | as long as short |
| BloFin MANA-USDTlong | +0.0083% | 8h | 0.08647 | long leg | $171K | $57K | 20x | |
| Aster MANAUSDT | +0.0100% | 8h | 0.08642 | −0.061% | $7K | $6K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08644 | −0.033% | $3.5M | $5.9M | 75x | as long as short |
| Bybit MANAUSDTshort | +0.0100% | 8h | 0.08625 | −0.254% | $2.8M | $902K | 75x | |
| Gate MANA_USDT | +0.0100% | 8h | 0.08643 | −0.046% | $314K | $365K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08643 | −0.046% | $13.4M | $705K | 200x | as long as short |
Variational Omni MANA
Injective MANA/USDC PERP
BingX MANA-USDT
OKX MANA-USDT-SWAP
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 | 0.08650 | +0.035% | $1.7M | $70K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08642 | −0.061% | $1.6M | $505K | 25x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0634% | 1h | 0.08659 | +0.138% | $99K | $74K | 20x | as long as short |
KuCoin MANAUSDTM
Bitget MANAUSDT
Kraken Futures PF_MANAUSD