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

MANA

all MANA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0037%/8h= +4.0% APRpaid last 24h −0.006%
Price spread now: BingX against Injective+0.839%87s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.839% dearer against Injective than usual: you sell high and buy low: +$84 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective MANA/USDC PERP0.085800.0033pay 0.0004% / 1h21m 53s$1K$2795.5x
ShortBingX MANA-USDT0.086520.0070get 0.0070% / 8h4h 21m$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Injective. 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
$7.7
Price spread: +0.839% → 0.000%
$83.92
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BingX: 5 bp × 2 orders
−$10
Net
$81.6
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; BingX: live order book, 12 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell BingX live order book, 12 min ago5.81 bp21.3 bp −$2151.4 bp −$514406.5 bp −$40.7K1141.3 bp −$570.7K
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0103%8h0.08632+0.611%$84K$3Kas long as short
Injective MANA/USDC PERPlong+0.0033%1h0.08580long leg$1K$2795.5x
BingX MANA-USDTshort+0.0070%8h0.08652+0.839%$2.4M
BloFin MANA-USDT+0.0098%8h0.08653+0.851%$169K$67K20xas long as short
Aster MANAUSDT+0.0100%8h0.08654+0.862%$8K$7K5xas long as short
Binance MANAUSDT+0.0100%8h0.08658+0.909%$3.4M$5.5M75xas long as short
Bybit MANAUSDT+0.0100%8h0.08645+0.758%$2.8M$859K75xas long as short
OKX MANA-USDT-SWAP+0.0100%8h0.08649+0.804%$611K$1.8M20xas long as short
Gate MANA_USDT+0.0100%8h0.08646+0.769%$310K$337K75xas long as short
MEXC MANA_USDT+0.0100%8h0.08655+0.874%$13.1M$695K200xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MANAUSDTM+0.0100%8h0.08660+0.932%$1.7M$70K50xas long as short
Bitget MANAUSDT+0.0100%8h0.08657+0.900%$1.6M$486K25xas long as short
Kraken Futures PF_MANAUSD+0.0561%1h0.08664+0.974%$101K$63K20xas long as short