Funding you earn now, next payment 08:00 UTC−0.0534%/8h= −58.5% APRpaid last 24h +0.090%
Price spread now: MEXC against Kraken Futures−0.091%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$900.902% of the position
Funding, last 7 days+0.491%+$49 on $10k
+Price spread, last 4 days (all we have)−0.066%−$7 · spread now −0.091%, 7d avg −0.058%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and MEXC is 0.034% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.058%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.491%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MANAUSD | 0.08660 | 0.0634 | pay 0.0079% / 1h | 56m 01s | $99K | $73K | 20x |
| Short | MEXC MANA_USDT | 0.08652 | 0.0100 | get 0.0100% / 8h | 56m 01s | $13.3M | $692K | 200x |
Kraken Futures PF_MANAUSD
MEXC MANA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Kraken Futures. 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
- −$112.16
- Price spread: −0.091% → −0.058%
- −$3.4
- Slippage, 4 orders
- −$76.2
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$205.75
- Costs to cover
- 0.902%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 67 min ago; MEXC: live order book, 2 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 Kraken Futures live order book, 67 min ago | 8.09 bp | 38.6 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.31 bp | 15.3 bp −$15 | 55.2 bp −$552 | 229.2 bp −$22.9K | 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 | −0.0295% | 8h | 0.08615 | −0.513% | $84K | $3K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08760 | +1.156% | $901 | $1K | 5.5x | as long as short |
| BingX MANA-USDT | +0.0046% | 8h | 0.08654 | −0.068% | — | $2.4M | — | as long as short |
| OKX MANA-USDT-SWAP | +0.0069% | 8h | 0.08646 | −0.161% | $611K | $1.9M | 20x | as long as short |
| BloFin MANA-USDT | +0.0075% | 8h | 0.08641 | −0.219% | $170K | $57K | 20x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08657 | −0.038% | $7K | $6K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08656 | −0.051% | $3.5M | $5.9M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08636 | −0.276% | $2.8M | $899K | 75x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08652 | −0.091% | $314K | $364K | 75x | as long as short |
| MEXC MANA_USDTshort | +0.0100% | 8h | 0.08652 | −0.091% | $13.3M | $692K | 200x |
Variational Omni MANA
Injective MANA/USDC PERP
BingX MANA-USDT
OKX MANA-USDT-SWAP
BloFin MANA-USDT
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 | −0.115% | $1.7M | $70K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08655 | −0.052% | $1.6M | $506K | 25x | as long as short |
| Kraken Futures PF_MANAUSDlong | +0.0634% | 1h | 0.08660 | long leg | $99K | $73K | 20x |
KuCoin MANAUSDTM
Bitget MANAUSDT