Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.003%
Price spread now: MEXC against Injective−1.313%70s7-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. MEXC is 1.313% cheaper against Injective than usual: you would sell low and buy high (spread −1.313% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$131 on $10k: about 2 months of funding at the current rate (+$2 a day). The two prices were read 70 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 | 0.08760 | 0.0033 | pay 0.0004% / 1h | 16m 14s | $901 | $1K | 5.5x |
| Short | MEXC MANA_USDT | 0.08645 | 0.0100 | get 0.0100% / 8h | 16m 14s | $13.4M | $705K | 200x |
Injective MANA/USDC PERP
MEXC MANA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −1.313% → 0.000%
- −$131.28
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$121.3
- Costs to cover
- 0.040%
- Break-even
- 67.6 days
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago | 2.89 bp | 7.5 bp −$8 | 51.5 bp −$515 | 230.2 bp −$23.0K | 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 | −0.0267% | 8h | 0.08617 | −1.627% | $84K | $3K | — | as long as short |
| Injective MANA/USDC PERPlong | +0.0033% | 1h | 0.08760 | long leg | $901 | $1K | 5.5x | |
| BingX MANA-USDT | +0.0059% | 8h | 0.08639 | −1.381% | — | $2.4M | — | as long as short |
| BloFin MANA-USDT | +0.0081% | 8h | 0.08647 | −1.290% | $171K | $57K | 20x | as long as short |
| OKX MANA-USDT-SWAP | +0.0085% | 8h | 0.08640 | −1.370% | $611K | $1.9M | 20x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08650 | −1.253% | $7K | $6K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08645 | −1.318% | $3.5M | $5.9M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08632 | −1.461% | $2.8M | $902K | 75x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08646 | −1.301% | $315K | $365K | 75x | as long as short |
| MEXC MANA_USDTshort | +0.0100% | 8h | 0.08645 | −1.313% | $13.4M | $705K | 200x |
Variational Omni MANA
BingX MANA-USDT
BloFin MANA-USDT
OKX MANA-USDT-SWAP
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
Gate MANA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08650 | −1.256% | $1.7M | $69K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08647 | −1.287% | $1.6M | $504K | 25x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0634% | 1h | 0.08659 | −1.154% | $99K | $74K | 20x | as long as short |
KuCoin MANAUSDTM
Bitget MANAUSDT
Kraken Futures PF_MANAUSD