Funding you earn now, next payment 04:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Binance+0.197%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$930.934% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 3 days (all we have)−0.246%−$25 · spread now +0.197%, 7d avg +0.021%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.176% dearer against Binance than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MANTRAUSDT | 0.004459 | 0.0100 | pay 0.0050% / 4h | 3h 00m | $2.0M | $3.8M | 50x |
| Short | BloFin MANTRA-USDT | 0.004468 | 0.0116 | get 0.0058% / 4h | 3h 00m | $132K | $27K | 50x |
Binance MANTRAUSDT
BloFin MANTRA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $3.36
- Price spread: +0.197% → +0.021%
- $17.65
- Slippage, 4 orders
- −$71.36
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$72.35
- Costs to cover
- 0.934%
- Break-even
- 157.9 days
Slippage from Binance: live order book, 6 min ago; BloFin: live order book, 55 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 Binance live order book, 6 min ago | 2.22 bp | 24.2 bp −$24 | 212.2 bp −$2,122 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 55 min ago | 2.22 bp | 21.1 bp −$21 | 66.0 bp −$660 | doesn't fit | doesn't fit |
MANTRA on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MANTRAUSDT | +0.0100% | 4h | 0.004463 | +0.078% | $22K | $19K | 5x | as long as short |
| Binance MANTRAUSDTlong | +0.0100% | 4h | 0.004459 | long leg | $2.0M | $3.8M | 50x | |
| Gate MANTRA_USDT | +0.0100% | 4h | 0.004466 | +0.152% | $192K | $202K | 50x | as long as short |
| MEXC MANTRA_USDT | +0.0100% | 4h | 0.004459 | −0.005% | $1.2M | $232K | 50x | as long as short |
| KuCoin MANTRAUSDTM | +0.0100% | 4h | 0.004462 | +0.063% | $440K | $207K | 50x | as long as short |
| Bitget MANTRAUSDT | +0.0100% | 4h | 0.004462 | +0.063% | $934K | $498K | 50x | as long as short |
| BingX MANTRA-USDT | +0.0100% | 4h | 0.004460 | +0.018% | — | $1.7M | — | as long as short |
| BloFin MANTRA-USDTshort | +0.0116% | 4h | 0.004468 | +0.197% | $132K | $27K | 50x |
Aster MANTRAUSDT
Gate MANTRA_USDT
MEXC MANTRA_USDT
KuCoin MANTRAUSDTM
Bitget MANTRAUSDT
BingX MANTRA-USDT