Funding you earn now, next payment 08:00 UTC+0.0574%/8h= +62.9% APRpaid last 24h −0.051%
Price spread now: Kraken Futures against BingX+0.219%7-day average +0.107% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.363%−$36 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.219%, 7d avg +0.107%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Kraken Futures is 0.112% dearer against BingX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.107%. Mind the row above: over the last 7 days funding on this pair cost −0.363%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.363% in total (about -18.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MANA-USDT | 0.08638 | 0.0060 | pay 0.0060% / 8h | 18m 05s | — | $2.4M | — |
| Short | Kraken Futures PF_MANAUSD | 0.08657 | 0.0634 | get 0.0079% / 1h | 18m 05s | $99K | $74K | 20x |
BingX MANA-USDT
Kraken Futures PF_MANAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- $120.6
- Price spread: +0.219% → +0.107%
- $11.21
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $111.81
- Costs to cover
- 0.200%
- Break-even
- 0.5 days
Slippage unknown: BingX: live order book, 6 min ago; Kraken Futures: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 6 min ago | 4.06 bp | 15.9 bp −$16 | 45.7 bp −$457 | 441.7 bp −$44.2K | 1170.4 bp −$585.2K |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MANA | −0.0267% | 8h | 0.08617 | −0.237% | $84K | $3K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08760 | +1.412% | $901 | $1K | 5.5x | as long as short |
| BingX MANA-USDTlong | +0.0060% | 8h | 0.08638 | long leg | — | $2.4M | — | |
| BloFin MANA-USDT | +0.0083% | 8h | 0.08647 | +0.104% | $171K | $57K | 20x | as long as short |
| OKX MANA-USDT-SWAP | +0.0084% | 8h | 0.08638 | 0.000% | $610K | $1.9M | 20x | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08642 | +0.044% | $7K | $6K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08642 | +0.049% | $3.5M | $5.9M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08629 | −0.104% | $2.8M | $902K | 75x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08643 | +0.058% | $314K | $365K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08643 | +0.058% | $13.4M | $705K | 200x | as long as short |
Variational Omni MANA
Injective MANA/USDC PERP
BloFin MANA-USDT
OKX MANA-USDT-SWAP
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
Gate MANA_USDT
MEXC MANA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08650 | +0.139% | $1.7M | $69K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08645 | +0.078% | $1.6M | $504K | 25x | as long as short |
| Kraken Futures PF_MANAUSDshort | +0.0634% | 1h | 0.08657 | +0.219% | $99K | $74K | 20x |
KuCoin MANAUSDTM
Bitget MANAUSDT