Funding you earn now, next payment 00:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.25 per $10,000 · paid last 24h −0.004%
Price spread now: Gate against BloFin−0.035%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1471.466% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 3 days (all we have)−0.045%−$5 · spread now −0.035%, 7d avg +0.020%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.055% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.020%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MANA-USDT | 0.08526 | 0.0125 | pay 0.0125% / 8h | 1h 16m | $171K | $42K | 20x |
| Short | Gate MANA_USDT | 0.08523 | 0.0100 | get 0.0100% / 8h | 1h 16m | $300K | $236K | 75x |
BloFin MANA-USDT
Gate MANA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$5.25
- Price spread: −0.035% → +0.020%
- −$5.52
- Slippage, 4 orders
- −$119.61
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$157.37
- Costs to cover
- 1.466%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 57 min ago; Gate: live order book, 63 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, 57 min ago | 0.59 bp | 15.7 bp −$16 | 34.1 bp −$341 | doesn't fit | doesn't fit |
| Sell Gate live order book, 63 min ago | 7.03 bp | 56.0 bp −$56 | doesn't fit | 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 | 0.08512 | −0.159% | $83K | $3K | — | as long as short |
| BingX MANA-USDT | +0.0009% | 8h | 0.08514 | −0.141% | — | $2.4M | — | as long as short |
| OKX MANA-USDT-SWAP | +0.0010% | 8h | 0.08514 | −0.141% | $633K | $1.7M | 20x | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | +0.633% | $1K | $279 | 5.5x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08517 | −0.103% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08516 | −0.117% | $3.4M | $5.0M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08511 | −0.176% | $2.8M | $803K | 75x | as long as short |
| Gate MANA_USDTshort | +0.0100% | 8h | 0.08523 | −0.035% | $300K | $236K | 75x | |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08517 | −0.106% | $12.7M | $623K | 200x | as long as short |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08530 | +0.047% | $1.7M | $66K | 50x | as long as short |
Variational Omni MANA
BingX MANA-USDT
OKX MANA-USDT-SWAP
Injective MANA/USDC PERP
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
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 | 0.08521 | −0.055% | $1.6M | $463K | 25x | as long as short |
| BloFin MANA-USDTlong | +0.0125% | 8h | 0.08526 | long leg | $171K | $42K | 20x | |
| Kraken Futures PF_MANAUSD | +0.0198% | 1h | 0.08515 | −0.133% | $97K | $56K | 20x | as long as short |
Bitget MANAUSDT
Kraken Futures PF_MANAUSD