Funding you earn now, next payment 08:00 UTC+0.0534%/8h= +58.5% APRpaid last 24h −0.090%
Price spread now: Kraken Futures against MEXC+0.092%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as 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 +0.092%, 7d avg +0.058%
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Kraken Futures is 0.034% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.058%. Mind the row above: over the last 7 days funding on this pair cost −0.491%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MANA_USDT | 0.08652 | 0.0100 | pay 0.0100% / 8h | 56m 01s | $13.3M | $692K | 200x |
| Short | Kraken Futures PF_MANAUSD | 0.08660 | 0.0634 | get 0.0079% / 1h | 56m 01s | $99K | $73K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $112.16
- Price spread: +0.092% → +0.058%
- $3.41
- Slippage, 4 orders
- −$76.2
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $25.37
- Costs to cover
- 0.902%
- Break-even
- 5.4 days
Slippage from MEXC: live order book, 2 min ago; Kraken Futures: live order book, 67 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, 2 min ago | 2.31 bp | 7.8 bp −$8 | 53.2 bp −$532 | 227.9 bp −$22.8K | doesn't fit |
| Sell Kraken Futures live order book, 67 min ago | 8.09 bp | 28.5 bp −$29 | doesn't fit | 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 | −0.0295% | 8h | 0.08615 | −0.422% | $84K | $3K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08760 | +1.248% | $901 | $1K | 5.5x | as long as short |
| BingX MANA-USDT | +0.0046% | 8h | 0.08654 | +0.023% | — | $2.4M | — | as long as short |
| OKX MANA-USDT-SWAP | +0.0069% | 8h | 0.08646 | −0.069% | $611K | $1.9M | 20x | as long as short |
| BloFin MANA-USDT | +0.0075% | 8h | 0.08641 | −0.127% | $170K | $57K | 20x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08657 | +0.053% | $7K | $6K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08656 | +0.040% | $3.5M | $5.9M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08636 | −0.185% | $2.8M | $899K | 75x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08652 | 0.000% | $314K | $364K | 75x | as long as short |
| MEXC MANA_USDTlong | +0.0100% | 8h | 0.08652 | long leg | $13.3M | $692K | 200x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08650 | −0.023% | $1.7M | $70K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08655 | +0.039% | $1.6M | $506K | 25x | as long as short |
| Kraken Futures PF_MANAUSDshort | +0.0634% | 1h | 0.08660 | +0.092% | $99K | $73K | 20x |
MEXC MANA_USDT
Kraken Futures PF_MANAUSD
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_USDT
KuCoin MANAUSDTM
Bitget MANAUSDT