Funding you earn now, next payment 22:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Bitget against Injective−0.393%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Bitget is 0.393% cheaper against Injective than usual: you would sell low and buy high (spread −0.393% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$39 on $10k: about 20 days of funding at the current rate (+$2 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective MANA/USDC PERP | 0.08580 | 0.0033 | pay 0.0004% / 1h | 20m 26s | $1K | $279 | 5.5x |
| Short | Bitget MANAUSDT | 0.08546 | 0.0100 | get 0.0100% / 8h | 2h 20m | $1.6M | $445K | 25x |
Injective MANA/USDC PERP
Bitget MANAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Injective. 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
- $14
- Price spread: −0.393% → 0.000%
- −$39.28
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$37.3
- Costs to cover
- 0.120%
- Break-even
- 25.6 days
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 1 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 1 min ago | 7.13 bp | 26.0 bp −$26 | 68.8 bp −$688 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MANA | −0.0416% | 8h | 0.08516 | −0.744% | $83K | $3K | — | as long as short |
| Injective MANA/USDC PERPlong | +0.0033% | 1h | 0.08580 | long leg | $1K | $279 | 5.5x | |
| BingX MANA-USDT | +0.0059% | 8h | 0.08536 | −0.513% | — | $2.4M | — | as long as short |
| OKX MANA-USDT-SWAP | +0.0087% | 8h | 0.08534 | −0.536% | $633K | $1.7M | 20x | as long as short |
| BloFin MANA-USDT | +0.0093% | 8h | 0.08546 | −0.396% | $171K | $41K | 20x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08549 | −0.361% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08542 | −0.444% | $3.4M | $4.9M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08525 | −0.641% | $2.7M | $756K | 75x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08537 | −0.501% | $305K | $231K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08542 | −0.443% | $12.7M | $664K | 200x | as long as short |
Variational Omni MANA
BingX MANA-USDT
OKX MANA-USDT-SWAP
BloFin MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
Bybit 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 | 0.08540 | −0.466% | $1.7M | $67K | 50x | as long as short |
| Bitget MANAUSDTshort | +0.0100% | 8h | 0.08546 | −0.393% | $1.6M | $445K | 25x | |
| Kraken Futures PF_MANAUSD | +0.0173% | 1h | 0.08548 | −0.370% | $98K | $52K | 20x | as long as short |
KuCoin MANAUSDTM
Kraken Futures PF_MANAUSD