Funding you earn now, next payment 00:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.26 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against MEXC+0.082%94s7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$510.514% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 3 days (all we have)−0.023%−$2 · spread now +0.082%, 7d avg −0.004%
=The price spread pays, funding is against you. BloFin is 0.086% dearer against MEXC than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of −0.004%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. The two prices were read 94 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 | MEXC MANA_USDT | 0.08523 | 0.0100 | pay 0.0100% / 8h | 1h 45m | $12.7M | $621K | 200x |
| Short | BloFin MANA-USDT | 0.08530 | 0.0074 | get 0.0074% / 8h | 1h 45m | $171K | $41K | 20x |
MEXC MANA_USDT
BloFin MANA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- −$5.36
- Price spread: +0.082% → −0.004%
- $8.59
- Slippage, 4 orders
- −$35.44
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$48.21
- Costs to cover
- 0.514%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 29 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 MEXC live order book, 3 min ago | 1.17 bp | 7.4 bp −$7 | 49.8 bp −$498 | 225.7 bp −$22.6K | doesn't fit |
| Sell BloFin live order book, 29 min ago | 0.59 bp | 20.5 bp −$21 | 42.0 bp −$420 | doesn't fit | 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 | −0.0457% | 8h | 0.08503 | −0.237% | $83K | $3K | — | as long as short |
| BingX MANA-USDT | 0.0000% | 8h | 0.08521 | −0.023% | — | $2.4M | — | as long as short |
| OKX MANA-USDT-SWAP | +0.0001% | 8h | 0.08519 | −0.047% | $634K | $1.7M | 20x | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | +0.669% | $1K | $279 | 5.5x | as long as short |
| BloFin MANA-USDTshort | +0.0074% | 8h | 0.08530 | +0.082% | $171K | $41K | 20x | |
| Aster MANAUSDT | +0.0100% | 8h | 0.08522 | −0.016% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08525 | +0.024% | $3.4M | $4.9M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08512 | −0.129% | $2.8M | $803K | 75x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08525 | +0.023% | $304K | $232K | 75x | as long as short |
| MEXC MANA_USDTlong | +0.0100% | 8h | 0.08523 | long leg | $12.7M | $621K | 200x |
Variational Omni MANA
BingX MANA-USDT
OKX MANA-USDT-SWAP
Injective MANA/USDC PERP
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 | 0.08530 | +0.082% | $1.7M | $67K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08528 | +0.063% | $1.6M | $461K | 25x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0198% | 1h | 0.08517 | −0.067% | $98K | $54K | 20x | as long as short |
KuCoin MANAUSDTM
Bitget MANAUSDT
Kraken Futures PF_MANAUSD