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

MANA

all MANA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0037%/8h= −4.0% APRpaid last 24h +0.006%
Price spread now: Injective against BingX−0.105%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 0.105% cheaper against BingX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MANA-USDT0.085890.0070pay 0.0070% / 8h4h 43m$2.4M
ShortInjective MANA/USDC PERP0.085800.0033get 0.0004% / 1h43m 02s$1K$2795.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$7.7
Price spread: −0.105% → 0.000%
−$10.48
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$28.2
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 6 min ago; Injective: no order-book sample. Net counts fees only.

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, 6 min ago5.83 bp20.5 bp −$2150.5 bp −$505452.1 bp −$45.2K1091.6 bp −$545.8K
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0111%8h0.08583−0.065%$84K$3Kas long as short
Injective MANA/USDC PERPshort+0.0033%1h0.08580−0.105%$1K$2795.5x
BingX MANA-USDTlong+0.0070%8h0.08589long leg$2.4M
BloFin MANA-USDT+0.0090%8h0.08596+0.081%$170K$67K20xas long as short
Aster MANAUSDT+0.0100%8h0.08606+0.197%$8K$7K5xas long as short
Binance MANAUSDT+0.0100%8h0.08594+0.058%$3.4M$5.5M75xas long as short
Bybit MANAUSDT+0.0100%8h0.08582−0.081%$2.8M$863K75xas long as short
OKX MANA-USDT-SWAP+0.0100%8h0.08586−0.035%$607K$1.8M20xas long as short
Gate MANA_USDT+0.0100%8h0.08592+0.035%$309K$336K75xas long as short
MEXC MANA_USDT+0.0100%8h0.08594+0.058%$13.0M$690K200xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MANAUSDTM+0.0100%8h0.08610+0.244%$1.7M$72K50xas long as short
Bitget MANAUSDT+0.0100%8h0.08604+0.178%$1.6M$491K25xas long as short
Kraken Futures PF_MANAUSD+0.0565%1h0.08600+0.127%$100K$62K20xas long as short