Funding you earn now, next payment 00:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.86 per $10,000 · paid last 24h −0.024%
Price spread now: OKX against Gate+0.023%7-day average −0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$243as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2302.305% of the position
Funding, last 7 days−0.128%−$13 on $10k
+Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.023%, 7d avg −0.092%
=The price spread pays, funding is against you. OKX is 0.116% dearer against Gate than usual: you sell high and buy low (spread +0.023% now, against its 7-day average of −0.092%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MANA_USDT | 0.08518 | 0.0100 | pay 0.0100% / 8h | 1h 14m | $299K | $236K | 75x |
| Short | OKX MANA-USDT-SWAP | 0.08520 | 0.0014 | get 0.0014% / 8h | 1h 14m | $633K | $1.7M | 20x |
Gate MANA_USDT
OKX MANA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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
- −$18.02
- Price spread: +0.023% → −0.092%
- $11.58
- Slippage, 4 orders
- −$205.47
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$236.9
- Costs to cover
- 2.305%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; OKX: 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 Gate live order book, 1 min ago | 2.94 bp | 85.8 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.35 bp | 26.0 bp −$26 | 126.9 bp −$1,269 | 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 | 0.08504 | −0.165% | $83K | $3K | — | as long as short |
| BingX MANA-USDT | +0.0008% | 8h | 0.08520 | +0.023% | — | $2.4M | — | as long as short |
| OKX MANA-USDT-SWAPshort | +0.0014% | 8h | 0.08520 | +0.023% | $633K | $1.7M | 20x | |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | +0.728% | $1K | $279 | 5.5x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08526 | +0.089% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08523 | +0.062% | $3.4M | $5.0M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08513 | −0.059% | $2.8M | $803K | 75x | as long as short |
| Gate MANA_USDTlong | +0.0100% | 8h | 0.08518 | long leg | $299K | $236K | 75x | |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08524 | +0.070% | $12.7M | $623K | 200x | as long as short |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08530 | +0.141% | $1.7M | $67K | 50x | as long as short |
Variational Omni MANA
BingX MANA-USDT
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 | 0.08527 | +0.110% | $1.6M | $463K | 25x | as long as short |
| BloFin MANA-USDT | +0.0128% | 8h | 0.08518 | 0.000% | $171K | $42K | 20x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0198% | 1h | 0.08523 | +0.053% | $97K | $56K | 20x | as long as short |
Bitget MANAUSDT
BloFin MANA-USDT
Kraken Futures PF_MANAUSD