Funding you earn now, next payment 08:00 UTC+0.0075%/8h= +8.3% APRnext payment +$0.75 per $10,000 · paid last 24h +0.019%
Price spread now: KuCoin against OKX+0.223%7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1631.630% of the position
Funding, last 7 days+0.121%+$12 on $10k
+Price spread, last 7 days−0.323%−$32 · spread now +0.223%, 7d avg +0.103%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.121% dearer against OKX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.103%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MANA-USDT-SWAP | 0.08511 | 0.0025 | pay 0.0025% / 8h | 2h 26m | $599K | $1.9M | 20x |
| Short | KuCoin MANAUSDTM | 0.08530 | 0.0100 | get 0.0100% / 8h | 2h 26m | $1.7M | $70K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- $15.83
- Price spread: +0.223% → +0.103%
- $12.07
- Slippage, 4 orders
- −$140.99
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$135.09
- Costs to cover
- 1.630%
- Break-even
- 66.7 days
Slippage from OKX: live order book, 1 min ago; KuCoin: live order book, 5 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 OKX live order book, 1 min ago | 2.35 bp | 23.4 bp −$23 | 108.9 bp −$1,089 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 5.82 bp | 71.6 bp −$72 | 255.4 bp −$2,554 | 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 | −0.0293% | 8h | 0.08500 | −0.134% | $83K | $3K | — | as long as short |
| BingX MANA-USDT | +0.0017% | 8h | 0.08513 | +0.023% | — | $2.4M | — | as long as short |
| OKX MANA-USDT-SWAPlong | +0.0025% | 8h | 0.08511 | long leg | $599K | $1.9M | 20x | |
| Aster MANAUSDT | +0.0100% | 8h | 0.08533 | +0.253% | $7K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08517 | +0.069% | $3.4M | $5.7M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08502 | −0.106% | $2.8M | $890K | 75x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08526 | +0.176% | $310K | $361K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08516 | +0.059% | $12.9M | $697K | 200x | as long as short |
| KuCoin MANAUSDTMshort | +0.0100% | 8h | 0.08530 | +0.223% | $1.7M | $70K | 50x | |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08525 | +0.164% | $1.6M | $506K | 25x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MANA-USDT | +0.0107% | 8h | 0.08555 | +0.517% | $168K | $56K | 20x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0289% | 1h | 0.08528 | +0.197% | $100K | $67K | 20x | as long as short |
| Injective MANA/USDC PERP | +0.1412% | 1h | 0.08760 | +2.926% | $901 | $1K | 5.5x | as long as short |
OKX MANA-USDT-SWAP
KuCoin MANAUSDTM
Variational Omni MANA
BingX MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
Gate MANA_USDT
MEXC MANA_USDT
Bitget MANAUSDT
BloFin MANA-USDT
Kraken Futures PF_MANAUSD
Injective MANA/USDC PERP