Funding you earn now, next payment 03:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h −0.108%
Price spread now: Kraken Futures against Injective+0.933%63s7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kraken Futures is 0.933% dearer against Injective than usual: you sell high and buy low: +$93 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 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 | 30m 14s | $1K | $279 | 5.5x |
| Short | Kraken Futures PF_MANAUSD | 0.08660 | 0.0128 | get 0.0016% / 1h | 30m 14s | $101K | $63K | 20x |
Injective MANA/USDC PERP
Kraken Futures PF_MANAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $19.97
- Price spread: +0.933% → 0.000%
- $93.34
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $103.29
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 63 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 Kraken Futures live order book, 63 min ago | 8.71 bp | 35.8 bp −$36 | doesn't fit | 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 | −0.0116% | 8h | 0.08642 | +0.725% | $84K | $3K | — | as long as short |
| Injective MANA/USDC PERPlong | +0.0033% | 1h | 0.08580 | long leg | $1K | $279 | 5.5x | |
| BingX MANA-USDT | +0.0070% | 8h | 0.08652 | +0.839% | — | $2.4M | — | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08660 | +0.932% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08658 | +0.904% | $3.4M | $5.4M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08644 | +0.746% | $2.8M | $858K | 75x | as long as short |
| OKX MANA-USDT-SWAP | +0.0100% | 8h | 0.08651 | +0.828% | $597K | $1.8M | 20x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08654 | +0.862% | $316K | $337K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08657 | +0.897% | $13.1M | $688K | 200x | as long as short |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08660 | +0.932% | $1.7M | $72K | 50x | as long as short |
Variational Omni MANA
BingX MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
OKX MANA-USDT-SWAP
Gate MANA_USDT
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 | 0.08661 | +0.942% | $1.6M | $492K | 25x | as long as short |
| BloFin MANA-USDT | +0.0113% | 8h | 0.08658 | +0.909% | $169K | $55K | 20x | as long as short |
| Kraken Futures PF_MANAUSDshort | +0.0128% | 1h | 0.08660 | +0.933% | $101K | $63K | 20x |
Bitget MANAUSDT
BloFin MANA-USDT