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

MANA

all MANA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.003%
Price spread now: Injective against KuCoin+1.038%7-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
The price spread pays, funding is against you. Injective is 1.038% dearer against KuCoin than usual: you sell high and buy low (spread +1.038% now, against zero (this spread has no 7-day history yet)): +$104 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 52 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MANAUSDTM0.086700.0100pay 0.0100% / 8h1h 18m$1.7M$70K50x
ShortInjective MANA/USDC PERP0.087600.0033get 0.0004% / 1h18m 43s$901$1K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against KuCoin. 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
−$14
Price spread: +1.038% → 0.000%
$103.81
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$77.79
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: KuCoin: live order book, 7 min ago; Injective: no order-book sample. 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 KuCoin live order book, 7 min ago5.78 bp55.0 bp −$55264.5 bp −$2,645doesn't fitdoesn't fit
Sell Injective no order-book sample
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−0.0306%8h0.08645−0.288%$84K$3Kas long as short
BingX MANA-USDT+0.0030%8h0.08654−0.185%$2.4Mas long as short
Injective MANA/USDC PERPshort+0.0033%1h0.08760+1.038%$901$1K5.5x
OKX MANA-USDT-SWAP+0.0047%8h0.08653−0.196%$609K$1.9M20xas long as short
BloFin MANA-USDT+0.0094%8h0.08666−0.046%$168K$57K20xas long as short
Aster MANAUSDT+0.0100%8h0.08661−0.106%$7K$7K5xas long as short
Binance MANAUSDT+0.0100%8h0.08658−0.137%$3.5M$5.9M75xas long as short
Bybit MANAUSDT+0.0100%8h0.08645−0.288%$2.8M$899K75xas long as short
Gate MANA_USDT+0.0100%8h0.08663−0.081%$314K$365K75xas long as short
MEXC MANA_USDT+0.0100%8h0.08659−0.127%$13.3M$713K200xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MANAUSDTMlong+0.0100%8h0.08670long leg$1.7M$70K50x
Bitget MANAUSDT+0.0100%8h0.08664−0.075%$1.6M$505K25xas long as short
Kraken Futures PF_MANAUSD+0.0660%1h0.08672+0.019%$101K$69K20xas long as short