Funding you earn now, next payment 00:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.19 per $10,000 · paid last 24h +0.001%
Price spread now: BingX against BloFin+0.112%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$920.916% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 3 days (all we have)−0.183%−$18 · spread now +0.112%, 7d avg −0.008%
=The price spread pays, funding is against you. BingX is 0.119% dearer against BloFin than usual: you sell high and buy low (spread +0.112% now, against its 7-day average of −0.008%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days. Mind the row above: over the last 7 days funding on this pair paid +0.074%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MANTRA-USDT | 0.004477 | 0.0138 | pay 0.0069% / 4h | 3h 30m | $136K | $35K | 50x |
| Short | BingX MANTRA-USDT | 0.004482 | 0.0100 | get 0.0050% / 4h | 3h 30m | — | $1.7M | — |
BloFin MANTRA-USDT
BingX MANTRA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$7.97
- Price spread: +0.112% → −0.008%
- $11.92
- Slippage, 4 orders
- −$69.58
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$87.63
- Costs to cover
- 0.916%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 10 min ago; BingX: live order book, 11 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, 10 min ago | 3.37 bp | 18.5 bp −$19 | 70.2 bp −$702 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 3.37 bp | 26.0 bp −$26 | 84.5 bp −$845 | 694.1 bp −$69.4K | 1122.5 bp −$561.2K |
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 | 0.004478 | +0.030% | $22K | $20K | 5x | as long as short |
| Binance MANTRAUSDT | +0.0100% | 4h | 0.004485 | +0.168% | $2.0M | $4.0M | 50x | as long as short |
| MEXC MANTRA_USDT | +0.0100% | 4h | 0.004484 | +0.156% | $1.3M | $226K | 50x | as long as short |
| KuCoin MANTRAUSDTM | +0.0100% | 4h | 0.004471 | −0.134% | $501K | $61K | 50x | as long as short |
| Bitget MANTRAUSDT | +0.0100% | 4h | 0.004480 | +0.067% | $943K | $435K | 50x | as long as short |
| BingX MANTRA-USDTshort | +0.0100% | 4h | 0.004482 | +0.112% | — | $1.7M | — | |
| BloFin MANTRA-USDTlong | +0.0138% | 4h | 0.004477 | long leg | $136K | $35K | 50x | |
| Gate MANTRA_USDT | +0.0422% | 4h | 0.004483 | +0.134% | $199K | $243K | 50x | as long as short |
Aster MANTRAUSDT
Binance MANTRAUSDT
MEXC MANTRA_USDT
KuCoin MANTRAUSDTM
Bitget MANTRAUSDT
Gate MANTRA_USDT