Funding you earn now, next payment 00:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.16 per $10,000 · paid last 24h −0.004%
Price spread now: MEXC against BloFin−0.023%64s7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as 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−$460.455% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)+0.001%$0 · spread now −0.023%, 7d avg +0.005%
=Funding pays, the price is against you. MEXC is 0.028% cheaper against BloFin than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.005%). If the spread goes back, that is −$3 on $10k: about 5.7 days of funding at the current rate ($0 a day). The two prices were read 64 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 | 0.08587 | 0.0084 | pay 0.0084% / 8h | 46m 06s | $172K | $42K | 20x |
| Short | MEXC MANA_USDT | 0.08585 | 0.0100 | get 0.0100% / 8h | 46m 06s | $12.9M | $642K | 200x |
BloFin MANA-USDT
MEXC MANA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $3.46
- Price spread: −0.023% → +0.005%
- −$2.8
- Slippage, 4 orders
- −$29.53
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$44.87
- Costs to cover
- 0.455%
- Break-even
- 97.8 days
Slippage from BloFin: live order book, 23 min ago; MEXC: live order book, 2 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, 23 min ago | 5.86 bp | 13.2 bp −$13 | 32.1 bp −$321 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.58 bp | 8.9 bp −$9 | 46.5 bp −$465 | 228.0 bp −$22.8K | 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 | −0.0356% | 8h | 0.08574 | −0.146% | $84K | $3K | — | as long as short |
| Kraken Futures PF_MANAUSD | −0.0030% | 1h | 0.08585 | −0.023% | $97K | $57K | 20x | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | −0.082% | $1K | $279 | 5.5x | as long as short |
| BingX MANA-USDT | +0.0036% | 8h | 0.08582 | −0.058% | — | $2.4M | — | as long as short |
| OKX MANA-USDT-SWAP | +0.0055% | 8h | 0.08583 | −0.047% | $644K | $1.7M | 20x | as long as short |
| BloFin MANA-USDTlong | +0.0084% | 8h | 0.08587 | long leg | $172K | $42K | 20x | |
| Aster MANAUSDT | +0.0100% | 8h | 0.08583 | −0.049% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08584 | −0.035% | $3.5M | $5.1M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08575 | −0.140% | $2.8M | $815K | 75x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08576 | −0.128% | $299K | $237K | 75x | as long as short |
Variational Omni MANA
Kraken Futures PF_MANAUSD
Injective MANA/USDC PERP
BingX MANA-USDT
OKX MANA-USDT-SWAP
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
Gate MANA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MANA_USDTshort | +0.0100% | 8h | 0.08585 | −0.023% | $12.9M | $642K | 200x | |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08580 | −0.082% | $1.7M | $67K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08587 | +0.002% | $1.6M | $478K | 25x | as long as short |
KuCoin MANAUSDTM
Bitget MANAUSDT