Funding arb · Price arb /

MANTRA

all MANTRA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Binance+0.022%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$813as in the Funding arb table

Net, price: spread back to 7d avg − costs−$758as in the Price arb table

costs, in and out, $10k−$7627.617% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.514%−$51 on $10k

Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.022%, 7d avg −0.011%

Together, before fees−0.576%−$58 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.033% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MANTRAUSDT	0.004508	0.0100	pay 0.0050% / 4h	2m 14s	$2.1M	$3.2M	50x
Short	KuCoin MANTRAUSDTM	0.004509	0.0100	get 0.0050% / 4h	2m 14s	$414K	$217K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now +0.022%Rate

Funding earned: $0
Price spread: +0.022% → −0.011%: $3.31
Slippage, 4 orders: −$739.72
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$758.41
Costs to cover: 7.617%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 31 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, 3 min ago	1.11 bp	25.4 bp −$25	238.4 bp −$2,384	doesn't fit	doesn't fit
Sell KuCoin live order book, 31 min ago	23.32 bp	76.7 bp −$77	767.9 bp −$7,679	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
BloFin MANTRA-USDT	+0.0093%	4h	0.004497	−0.244%	$134K	$24K	50x	as long as short
Aster MANTRAUSDT	+0.0100%	4h	0.004508	−0.005%	$22K	$9K	5x	as long as short
Binance MANTRAUSDTlong	+0.0100%	4h	0.004508	long leg	$2.1M	$3.2M	50x
Gate MANTRA_USDT	+0.0100%	4h	0.004504	−0.089%	$192K	$108K	50x	as long as short
MEXC MANTRA_USDT	+0.0100%	4h	0.004509	+0.022%	$1.3M	$211K	50x	as long as short
KuCoin MANTRAUSDTMshort	+0.0100%	4h	0.004509	+0.022%	$414K	$217K	50x
Bitget MANTRAUSDT	+0.0100%	4h	0.004509	+0.022%	$933K	$370K	50x	as long as short
BingX MANTRA-USDT	+0.0100%	4h	0.004505	−0.067%	—	$1.7M	—	as long as short