Funding you earn now, next payment 16:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.16 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against BloFin−0.362%81s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as 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−$750.750% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.201%+$20 · spread now −0.362%, 7d avg +0.010%
=Funding pays, the price is against you. Binance is 0.372% cheaper against BloFin than usual: you would sell low and buy high (spread −0.362% now, against its 7-day average of +0.010%). If the spread goes back, that is −$37 on $10k: about 3 months of funding at the current rate ($0 a day). The two prices were read 81 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 | BloFin MANA-USDT | 0.08664 | 0.0084 | pay 0.0084% / 8h | 6h 55m | $169K | $58K | 20x |
| Short | Binance MANAUSDT | 0.08633 | 0.0100 | get 0.0100% / 8h | 6h 55m | $3.5M | $5.8M | 75x |
BloFin MANA-USDT
Binance MANAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $3.42
- Price spread: −0.362% → +0.010%
- −$37.16
- Slippage, 4 orders
- −$53.03
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$108.78
- Costs to cover
- 0.750%
- Break-even
- 229.9 days
Slippage from BloFin: live order book, 61 min ago; Binance: live order book, 12 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 BloFin live order book, 61 min ago | 1.15 bp | 22.0 bp −$22 | 41.0 bp −$410 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.73 bp | 18.2 bp −$18 | 55.6 bp −$556 | 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 | −0.0225% | 8h | 0.08631 | −0.383% | $84K | $2K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08760 | +1.108% | $901 | $1K | 5.5x | as long as short |
| BingX MANA-USDT | +0.0070% | 8h | 0.08630 | −0.392% | — | $2.4M | — | as long as short |
| BloFin MANA-USDTlong | +0.0084% | 8h | 0.08664 | long leg | $169K | $58K | 20x | |
| Aster MANAUSDT | +0.0100% | 8h | 0.08641 | −0.269% | $7K | $6K | 5x | as long as short |
| Binance MANAUSDTshort | +0.0100% | 8h | 0.08633 | −0.362% | $3.5M | $5.8M | 75x | |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08617 | −0.542% | $2.8M | $924K | 75x | as long as short |
| OKX MANA-USDT-SWAP | +0.0100% | 8h | 0.08622 | −0.485% | $611K | $1.8M | 20x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08643 | −0.242% | $311K | $336K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08634 | −0.346% | $13.9M | $769K | 200x | as long as short |
Variational Omni MANA
Injective MANA/USDC PERP
BingX MANA-USDT
Aster MANAUSDT
Bybit MANAUSDT
OKX MANA-USDT-SWAP
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 | −0.162% | $1.7M | $70K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08642 | −0.255% | $1.6M | $498K | 25x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0521% | 1h | 0.08652 | −0.134% | $95K | $85K | 20x | as long as short |
KuCoin MANAUSDTM
Bitget MANAUSDT
Kraken Futures PF_MANAUSD