Settings8H · net · $10k
Funding arb · Price arb /

MANA

all MANA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0008%/8h= +0.8% APRnext payment +$0.08 per $10,000 · paid last 24h −0.001%
Price spread now: KuCoin against BloFin−0.046%95s7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1621.616% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.046%, 7d avg +0.067%
Together, before fees−0.027%−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.113% cheaper against BloFin than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.067%. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MANA-USDT0.086640.0092pay 0.0092% / 8h6h 57m$169K$58K20x
ShortKuCoin MANAUSDTM0.086600.0100get 0.0100% / 8h6h 57m$1.7M$70K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.6
Price spread: −0.046% → +0.067%
−$11.28
Slippage, 4 orders
−$137.63
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$171.31
Costs to cover
1.616%
Break-even
757.2 days
Slippage from BloFin: live order book, 59 min ago; KuCoin: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 59 min ago1.15 bp22.0 bp −$2241.0 bp −$410doesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago11.51 bp76.6 bp −$77279.4 bp −$2,794doesn't fitdoesn't fit

MANA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MANA−0.0223%8h0.08646−0.203%$84K$2Kas long as short
Injective MANA/USDC PERP+0.0033%1h0.08760+1.108%$901$1K5.5xas long as short
BingX MANA-USDT+0.0070%8h0.08643−0.242%$2.4Mas long as short
BloFin MANA-USDTlong+0.0092%8h0.08664long leg$169K$58K20x
Aster MANAUSDT+0.0100%8h0.08656−0.098%$7K$6K5xas long as short
Binance MANAUSDT+0.0100%8h0.08656−0.092%$3.5M$5.8M75xas long as short
Bybit MANAUSDT+0.0100%8h0.08637−0.312%$2.8M$923K75xas long as short
OKX MANA-USDT-SWAP+0.0100%8h0.08643−0.242%$611K$1.9M20xas long as short
Gate MANA_USDT+0.0100%8h0.08657−0.081%$312K$336K75xas long as short
MEXC MANA_USDT+0.0100%8h0.08652−0.139%$13.9M$769K200xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MANAUSDTMshort+0.0100%8h0.08660−0.046%$1.7M$70K50x
Bitget MANAUSDT+0.0100%8h0.08657−0.082%$1.6M$501K25xas long as short
Kraken Futures PF_MANAUSD+0.0520%1h0.08657−0.079%$95K$85K20xas long as short