Funding you earn now, next payment 20:00 UTC+0.0020%/8hnext payment +$0.10 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against MEXC−0.045%94s7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as 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−$610.611% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 3 days (all we have)+0.037%+$4 · spread now −0.045%, 7d avg +0.034%
=Funding pays, the price is against you. BloFin is 0.079% cheaper against MEXC than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of +0.034%). If the spread goes back, that is −$8 on $10k: about 13 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.014% in total) that is about 39 days. The two prices were read 94 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 | MEXC MANTRA_USDT | 0.004430 | 0.0100 | pay 0.0050% / 4h | 23m 26s | $1.2M | $225K | 50x |
| Short | BloFin MANTRA-USDT | 0.004428 | 0.0120 | get 0.0060% / 4h | 23m 26s | $139K | $36K | 50x |
MEXC MANTRA_USDT
BloFin MANTRA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- $4.15
- Price spread: −0.045% → +0.034%
- −$7.91
- Slippage, 4 orders
- −$45.1
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$64.87
- Costs to cover
- 0.611%
- Break-even
- 116.5 days
Slippage from MEXC: live order book, 6 min ago; BloFin: live order book, 22 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 MEXC live order book, 6 min ago | 2.27 bp | 15.0 bp −$15 | 50.9 bp −$509 | 328.7 bp −$32.9K | doesn't fit |
| Sell BloFin live order book, 22 min ago | 3.39 bp | 20.3 bp −$20 | 61.4 bp −$614 | 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 | 0.004431 | +0.031% | $22K | $20K | 5x | as long as short |
| Binance MANTRAUSDT | +0.0100% | 4h | 0.004431 | +0.023% | $2.0M | $3.9M | 50x | as long as short |
| Gate MANTRA_USDT | +0.0100% | 4h | 0.004434 | +0.090% | $197K | $244K | 50x | as long as short |
| MEXC MANTRA_USDTlong | +0.0100% | 4h | 0.004430 | long leg | $1.2M | $225K | 50x | |
| KuCoin MANTRAUSDTM | +0.0100% | 4h | 0.004425 | −0.113% | $502K | $60K | 50x | as long as short |
| Bitget MANTRAUSDT | +0.0100% | 4h | 0.004431 | +0.023% | $935K | $420K | 50x | as long as short |
| BingX MANTRA-USDT | +0.0100% | 4h | 0.004428 | −0.045% | — | $1.7M | — | as long as short |
| BloFin MANTRA-USDTshort | +0.0120% | 4h | 0.004428 | −0.045% | $139K | $36K | 50x |
Aster MANTRAUSDT
Binance MANTRAUSDT
Gate MANTRA_USDT
KuCoin MANTRAUSDTM
Bitget MANTRAUSDT
BingX MANTRA-USDT