Funding you earn now, next payment 04:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against BloFin−0.111%61s7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$940.936% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 3 days (all we have)+0.173%+$17 · spread now −0.111%, 7d avg −0.020%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.091% cheaper against BloFin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.020%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MANTRA-USDT | 0.004506 | 0.0101 | pay 0.0051% / 4h | 3h 52m | $131K | $27K | 50x |
| Short | Binance MANTRAUSDT | 0.004501 | 0.0100 | get 0.0050% / 4h | 3h 52m | $2.0M | $4.1M | 50x |
BloFin MANTRA-USDT
Binance MANTRAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$0.22
- Price spread: −0.111% → −0.020%
- −$9.09
- Slippage, 4 orders
- −$71.64
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$102.95
- Costs to cover
- 0.936%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; Binance: live order book, 15 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 BloFin live order book, 4 min ago | 2.22 bp | 20.0 bp −$20 | 77.0 bp −$770 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 2.22 bp | 27.7 bp −$28 | 113.2 bp −$1,132 | 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 | 0.004501 | −0.113% | $22K | $19K | 5x | as long as short |
| Binance MANTRAUSDTshort | +0.0100% | 4h | 0.004501 | −0.111% | $2.0M | $4.1M | 50x | |
| Gate MANTRA_USDT | +0.0100% | 4h | 0.004502 | −0.089% | $199K | $197K | 50x | as long as short |
| MEXC MANTRA_USDT | +0.0100% | 4h | 0.004497 | −0.200% | $1.3M | $223K | 50x | as long as short |
| KuCoin MANTRAUSDTM | +0.0100% | 4h | 0.004502 | −0.089% | $488K | $66K | 50x | as long as short |
| Bitget MANTRAUSDT | +0.0100% | 4h | 0.004497 | −0.200% | $960K | $508K | 50x | as long as short |
| BingX MANTRA-USDT | +0.0100% | 4h | 0.004501 | −0.111% | — | $1.7M | — | as long as short |
| BloFin MANTRA-USDTlong | +0.0101% | 4h | 0.004506 | long leg | $131K | $27K | 50x |
Aster MANTRAUSDT
Gate MANTRA_USDT
MEXC MANTRA_USDT
KuCoin MANTRAUSDTM
Bitget MANTRAUSDT
BingX MANTRA-USDT