Settings8H · net · $10k
Funding arb · Price arb /

MANA

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.39 per $10,000 · paid last 24h +0.026%
Price spread now: Gate against BingX+0.092%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1651.654% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.126%+$13 on $10k
Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.092%, 7d avg +0.062%
Together, before fees+0.106%+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.031% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MANA-USDT0.086730.0061pay 0.0061% / 8h40m 47s$2.4M
ShortGate MANA_USDT0.086810.0100get 0.0100% / 8h40m 47s$315K$365K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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

Funding earned
$8.19
Price spread: +0.092% → +0.062%
$3.06
Slippage, 4 orders
−$140.35
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$154.1
Costs to cover
1.654%
Break-even
138.7 days
Slippage from BingX: live order book, 8 min ago; Gate: live order book, 60 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 8 min ago5.19 bp22.0 bp −$2250.1 bp −$501468.0 bp −$46.8K1126.1 bp −$563.0K
Sell Gate live order book, 60 min ago3.49 bp53.3 bp −$53doesn't fitdoesn't fitdoesn't fit

MANA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MANA−0.0274%8h0.08667−0.066%$85K$3Kas long as short
Injective MANA/USDC PERP+0.0033%1h0.08760+1.003%$901$1K5.5xas long as short
BingX MANA-USDTlong+0.0061%8h0.08673long leg$2.4M
OKX MANA-USDT-SWAP+0.0092%8h0.08669−0.046%$613K$1.9M20xas long as short
Aster MANAUSDT+0.0100%8h0.08681+0.092%$7K$6K5xas long as short
Binance MANAUSDT+0.0100%8h0.08680+0.081%$3.5M$5.9M75xas long as short
Bybit MANAUSDT+0.0100%8h0.08666−0.081%$2.8M$899K75xas long as short
Gate MANA_USDTshort+0.0100%8h0.08681+0.092%$315K$365K75x
MEXC MANA_USDT+0.0100%8h0.08679+0.069%$13.4M$693K200xas long as short
KuCoin MANAUSDTM+0.0100%8h0.08690+0.196%$1.7M$70K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MANAUSDT+0.0100%8h0.08680+0.080%$1.6M$503K25xas long as short
BloFin MANA-USDT+0.0107%8h0.08679+0.069%$170K$57K20xas long as short
Kraken Futures PF_MANAUSD+0.0631%1h0.08698+0.294%$99K$74K20xas long as short