Funding you earn now, next payment 16:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.25 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Bybit+0.211%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$770.769% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now +0.211%, 7d avg +0.131%
=The price spread pays, funding is against you. BloFin is 0.079% dearer against Bybit than usual: you sell high and buy low (spread +0.211% now, against its 7-day average of +0.131%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.003% in total) that is about 6 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MANAUSDT | 0.08548 | 0.0100 | pay 0.0100% / 8h | 5h 51m | $2.8M | $889K | 75x |
| Short | BloFin MANA-USDT | 0.08566 | 0.0075 | get 0.0075% / 8h | 5h 51m | $169K | $57K | 20x |
Bybit MANAUSDT
BloFin MANA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- −$5.26
- Price spread: +0.211% → +0.131%
- $7.92
- Slippage, 4 orders
- −$53.9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$74.24
- Costs to cover
- 0.769%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 53 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 Bybit live order book, 4 min ago | 3.50 bp | 21.3 bp −$21 | 74.3 bp −$743 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 53 min ago | 5.82 bp | 14.2 bp −$14 | 35.8 bp −$358 | doesn't fit | doesn't fit |
MANA on 13 exchanges
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 | −0.0198% | 8h | 0.08570 | +0.261% | $84K | $2K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08760 | +2.480% | $901 | $1K | 5.5x | as long as short |
| BingX MANA-USDT | +0.0070% | 8h | 0.08556 | +0.094% | — | $2.3M | — | as long as short |
| BloFin MANA-USDTshort | +0.0075% | 8h | 0.08566 | +0.211% | $169K | $57K | 20x | |
| Aster MANAUSDT | +0.0100% | 8h | 0.08571 | +0.270% | $7K | $6K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08564 | +0.184% | $3.5M | $5.5M | 75x | as long as short |
| Bybit MANAUSDTlong | +0.0100% | 8h | 0.08548 | long leg | $2.8M | $889K | 75x | |
| OKX MANA-USDT-SWAP | +0.0100% | 8h | 0.08552 | +0.047% | $606K | $1.8M | 20x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08568 | +0.234% | $309K | $326K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08564 | +0.187% | $13.8M | $588K | 200x | as long as short |
Variational Omni MANA
Injective MANA/USDC PERP
BingX MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
OKX MANA-USDT-SWAP
Gate MANA_USDT
MEXC MANA_USDTShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08570 | +0.257% | $1.7M | $68K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08566 | +0.211% | $1.6M | $440K | 25x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0274% | 1h | 0.08566 | +0.208% | $93K | $85K | 20x | as long as short |
KuCoin MANAUSDTM
Bitget MANAUSDT
Kraken Futures PF_MANAUSD