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

MANA

all MANA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.219%7-day average +0.147% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$840.839% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 7 days−0.098%−$10 · spread now +0.219%, 7d avg +0.147%
Together, before fees−0.105%−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.072% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.147%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MANAUSDT0.085950.0100pay 0.0100% / 8h1h 31m$2.8M$894K75x
ShortBinance MANAUSDT0.086140.0100get 0.0100% / 8h1h 31m$3.5M$5.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$0
Price spread: +0.219% → +0.147%
$7.23
Slippage, 4 orders
−$62.9
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$76.67
Costs to cover
0.839%
Break-even
never at this rate
Slippage from Bybit: live order book, 6 min ago; Binance: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 6 min ago3.49 bp27.1 bp −$2763.7 bp −$637doesn't fitdoesn't fit
Sell Binance live order book, 7 min ago2.32 bp18.3 bp −$1851.4 bp −$514doesn't fitdoesn't fit

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−0.0308%8h0.08584−0.128%$84K$3Kas long as short
BingX MANA-USDT+0.0030%8h0.08610+0.175%$2.4Mas long as short
Injective MANA/USDC PERP+0.0033%1h0.08760+1.920%$901$1K5.5xas long as short
OKX MANA-USDT-SWAP+0.0041%8h0.08606+0.128%$605K$1.9M20xas long as short
BloFin MANA-USDT+0.0093%8h0.08600+0.058%$169K$56K20xas long as short
Aster MANAUSDT+0.0100%8h0.08612+0.196%$7K$7K5xas long as short
Binance MANAUSDTshort+0.0100%8h0.08614+0.219%$3.5M$5.8M75x
Bybit MANAUSDTlong+0.0100%8h0.08595long leg$2.8M$894K75x
Gate MANA_USDT+0.0100%8h0.08608+0.151%$312K$364K75xas long as short
MEXC MANA_USDT+0.0100%8h0.08612+0.198%$13.0M$689K200xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MANAUSDTM+0.0100%8h0.08620+0.291%$1.7M$70K50xas long as short
Bitget MANAUSDT+0.0100%8h0.08614+0.218%$1.6M$504K25xas long as short
Kraken Futures PF_MANAUSD+0.0664%1h0.08619+0.278%$101K$69K20xas long as short