Funding you earn now, next payment 08:00 UTC+0.0090%/8h= +9.9% APRnext payment +$0.45 per $10,000 · paid last 24h +0.013%
Price spread now: Gate against Binance+0.090%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1551.546% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 4 days (all we have)−0.115%−$12 · spread now +0.090%, 7d avg +0.012%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Gate is 0.078% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.012%. Mind the row above: over the last 7 days funding on this pair cost −0.118%, 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 | Binance MANTRAUSDT | 0.004456 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $2.0M | $3.3M | 50x |
| Short | Gate MANTRA_USDT | 0.004460 | 0.0190 | get 0.0095% / 4h | 2h 27m | $191K | $112K | 50x |
Binance MANTRAUSDT
Gate MANTRA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $18.9
- Price spread: +0.090% → +0.012%
- $7.82
- Slippage, 4 orders
- −$129.57
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$127.85
- Costs to cover
- 1.546%
- Break-even
- 54.4 days
Slippage from Binance: live order book, 9 min ago; Gate: live order book, 14 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, 9 min ago | 1.12 bp | 25.0 bp −$25 | 215.2 bp −$2,152 | doesn't fit | doesn't fit |
| Sell Gate live order book, 14 min ago | 10.09 bp | 52.8 bp −$53 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX MANTRA-USDT | +0.0070% | 4h | 0.004461 | +0.112% | — | $1.7M | — | as long as short |
| Aster MANTRAUSDT | +0.0100% | 4h | 0.004457 | +0.020% | $22K | $9K | 5x | as long as short |
| Binance MANTRAUSDTlong | +0.0100% | 4h | 0.004456 | long leg | $2.0M | $3.3M | 50x | |
| MEXC MANTRA_USDT | +0.0100% | 4h | 0.004457 | +0.022% | $1.3M | $219K | 50x | as long as short |
| KuCoin MANTRAUSDTM | +0.0100% | 4h | 0.004462 | +0.135% | $420K | $216K | 50x | as long as short |
| Bitget MANTRAUSDT | +0.0100% | 4h | 0.004463 | +0.157% | $924K | $388K | 50x | as long as short |
| BloFin MANTRA-USDT | +0.0132% | 4h | 0.004462 | +0.135% | $131K | $24K | 50x | as long as short |
| Gate MANTRA_USDTshort | +0.0190% | 4h | 0.004460 | +0.090% | $191K | $112K | 50x |
BingX MANTRA-USDT
Aster MANTRAUSDT
MEXC MANTRA_USDT
KuCoin MANTRAUSDTM
Bitget MANTRAUSDT
BloFin MANTRA-USDT