Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h +0.006%
Price spread now: BloFin against Bybit+0.299%7-day average +0.128% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$830.833% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.299%, 7d avg +0.128%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.171% dearer against Bybit than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.128%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MANAUSDT | 0.08698 | 0.0100 | pay 0.0100% / 8h | 3h 26m | $2.8M | $876K | 75x |
| Short | BloFin MANA-USDT | 0.08724 | 0.0129 | get 0.0129% / 8h | 3h 26m | $170K | $69K | 20x |
Bybit MANAUSDT
BloFin MANA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $6.13
- Price spread: +0.299% → +0.128%
- $17.1
- Slippage, 4 orders
- −$60.29
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$60.07
- Costs to cover
- 0.833%
- Break-even
- 75.6 days
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 55 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 Bybit live order book, 5 min ago | 2.87 bp | 24.7 bp −$25 | 167.5 bp −$1,675 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 55 min ago | 1.73 bp | 17.5 bp −$17 | 43.4 bp −$434 | 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 | −0.0149% | 8h | 0.08743 | +0.523% | $85K | $3K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08760 | +0.713% | $901 | $1K | 5.5x | as long as short |
| BingX MANA-USDT | +0.0070% | 8h | 0.08707 | +0.103% | — | $2.4M | — | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08725 | +0.308% | $8K | $6K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08718 | +0.226% | $3.5M | $5.6M | 75x | as long as short |
| Bybit MANAUSDTlong | +0.0100% | 8h | 0.08698 | long leg | $2.8M | $876K | 75x | |
| OKX MANA-USDT-SWAP | +0.0100% | 8h | 0.08708 | +0.115% | $625K | $1.9M | 20x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08722 | +0.276% | $311K | $341K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08713 | +0.172% | $13.2M | $696K | 200x | as long as short |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08720 | +0.253% | $1.8M | $71K | 50x | as long as short |
Variational Omni MANA
Injective MANA/USDC PERP
BingX MANA-USDT
Aster MANAUSDT
Binance 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 MANAUSDT | +0.0100% | 8h | 0.08716 | +0.206% | $1.7M | $488K | 25x | as long as short |
| BloFin MANA-USDTshort | +0.0129% | 8h | 0.08724 | +0.299% | $170K | $69K | 20x | |
| Kraken Futures PF_MANAUSD | +0.0354% | 1h | 0.08734 | +0.417% | $102K | $66K | 20x | as long as short |
Bitget MANAUSDT
Kraken Futures PF_MANAUSD