Funding you earn now, next payment 08:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.58 per $10,000 · paid last 24h −0.019%
Price spread now: OKX against Bybit+0.174%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$960.961% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 7 days−0.074%−$7 · spread now +0.174%, 7d avg +0.089%
=The price spread pays, funding is against you. OKX is 0.085% dearer against Bybit than usual: you sell high and buy low (spread +0.174% now, against its 7-day average of +0.089%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MANAUSDT | 0.08602 | 0.0100 | pay 0.0100% / 8h | 1h 29m | $2.8M | $894K | 75x |
| Short | OKX MANA-USDT-SWAP | 0.08617 | 0.0042 | get 0.0042% / 8h | 1h 29m | $605K | $1.9M | 20x |
Bybit MANAUSDT
OKX MANA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$12.28
- Price spread: +0.174% → +0.089%
- $8.51
- Slippage, 4 orders
- −$75.11
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$99.88
- Costs to cover
- 0.961%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 7 min ago; OKX: live order book, 2 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, 7 min ago | 3.49 bp | 27.1 bp −$27 | 63.7 bp −$637 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 3.49 bp | 24.1 bp −$24 | 118.7 bp −$1,187 | 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 | −0.0309% | 8h | 0.08597 | −0.058% | $84K | $3K | — | as long as short |
| BingX MANA-USDT | +0.0030% | 8h | 0.08612 | +0.116% | — | $2.4M | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08760 | +1.837% | $901 | $1K | 5.5x | as long as short |
| OKX MANA-USDT-SWAPshort | +0.0042% | 8h | 0.08617 | +0.174% | $605K | $1.9M | 20x | |
| BloFin MANA-USDT | +0.0093% | 8h | 0.08600 | −0.023% | $169K | $56K | 20x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08613 | +0.132% | $7K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08619 | +0.202% | $3.5M | $5.8M | 75x | as long as short |
| Bybit MANAUSDTlong | +0.0100% | 8h | 0.08602 | long leg | $2.8M | $894K | 75x | |
| Gate MANA_USDT | +0.0100% | 8h | 0.08616 | +0.163% | $313K | $364K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08619 | +0.198% | $13.1M | $689K | 200x | as long as short |
Variational Omni MANA
BingX MANA-USDT
Injective MANA/USDC PERP
BloFin MANA-USDT
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 | 0.08610 | +0.093% | $1.7M | $70K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08622 | +0.230% | $1.6M | $504K | 25x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0664% | 1h | 0.08629 | +0.310% | $101K | $69K | 20x | as long as short |
KuCoin MANAUSDTM
Bitget MANAUSDT
Kraken Futures PF_MANAUSD