Funding you earn now, next payment 16:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.19 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Bitget−0.191%45s7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as 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−$820.818% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.369%+$37 · spread now −0.191%, 7d avg −0.060%
=Funding pays, the price is against you. BloFin is 0.131% cheaper against Bitget than usual: you would sell low and buy high (spread −0.191% now, against its 7-day average of −0.060%). If the spread goes back, that is −$13 on $10k: about 23 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.009% in total) that is about 3 months. The two prices were read 45 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 | Bitget MANAUSDT | 0.08685 | 0.0100 | pay 0.0100% / 8h | 7h 48m | $1.6M | $509K | 25x |
| Short | BloFin MANA-USDT | 0.08668 | 0.0119 | get 0.0119% / 8h | 7h 48m | $170K | $58K | 20x |
Bitget MANAUSDT
BloFin MANA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $3.99
- Price spread: −0.191% → −0.060%
- −$13.08
- Slippage, 4 orders
- −$57.79
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$90.88
- Costs to cover
- 0.818%
- Break-even
- 166.6 days
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 8 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 Bitget live order book, 3 min ago | 7.37 bp | 15.4 bp −$15 | 48.4 bp −$484 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 8 min ago | 1.15 bp | 12.7 bp −$13 | 33.3 bp −$333 | doesn't fit | doesn't fit |
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 | −0.0246% | 8h | 0.08656 | −0.328% | $84K | $3K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08760 | +0.868% | $901 | $1K | 5.5x | as long as short |
| BingX MANA-USDT | +0.0070% | 8h | 0.08664 | −0.237% | — | $2.4M | — | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08680 | −0.054% | $7K | $6K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08682 | −0.031% | $3.5M | $5.9M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08665 | −0.226% | $2.8M | $911K | 75x | as long as short |
| OKX MANA-USDT-SWAP | +0.0100% | 8h | 0.08674 | −0.122% | $612K | $1.9M | 20x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08667 | −0.203% | $313K | $360K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08671 | −0.157% | $13.4M | $710K | 200x | as long as short |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08670 | −0.168% | $1.7M | $69K | 50x | as long as short |
Variational Omni MANA
Injective MANA/USDC PERP
BingX MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
OKX MANA-USDT-SWAP
Gate MANA_USDT
MEXC MANA_USDT
KuCoin MANAUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MANAUSDTlong | +0.0100% | 8h | 0.08685 | long leg | $1.6M | $509K | 25x | |
| BloFin MANA-USDTshort | +0.0119% | 8h | 0.08668 | −0.191% | $170K | $58K | 20x | |
| Kraken Futures PF_MANAUSD | +0.0948% | 1h | 0.08669 | −0.185% | $97K | $76K | 20x | as long as short |
Kraken Futures PF_MANAUSD