Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.12 per $10,000 · paid last 24h +0.006%
Price spread now: BloFin against Gate+0.105%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1471.472% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.035%−$3 · spread now +0.105%, 7d avg −0.018%
=The price spread pays, funding is against you. BloFin is 0.123% dearer against Gate than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of −0.018%): +$12 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 35 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MANA_USDT | 0.08587 | 0.0100 | pay 0.0100% / 8h | 4h 40m | $308K | $337K | 75x |
| Short | BloFin MANA-USDT | 0.08596 | 0.0088 | get 0.0088% / 8h | 4h 40m | $170K | $67K | 20x |
Gate MANA_USDT
BloFin MANA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$2.46
- Price spread: +0.105% → −0.018%
- $12.27
- Slippage, 4 orders
- −$120.16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$137.36
- Costs to cover
- 1.472%
- Break-even
- never at this rate
Slippage from Gate: live order book, 14 min ago; BloFin: live order book, 51 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 Gate live order book, 14 min ago | 4.64 bp | 51.0 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 51 min ago | 2.89 bp | 17.4 bp −$17 | 44.2 bp −$442 | 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 | −0.0120% | 8h | 0.08577 | −0.112% | $84K | $3K | — | 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 | +0.0070% | 8h | 0.08589 | +0.023% | — | $2.4M | — | as long as short |
| BloFin MANA-USDTshort | +0.0088% | 8h | 0.08596 | +0.105% | $170K | $67K | 20x | |
| Aster MANAUSDT | +0.0100% | 8h | 0.08597 | +0.114% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08604 | +0.202% | $3.4M | $5.5M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08583 | −0.047% | $2.8M | $863K | 75x | as long as short |
| OKX MANA-USDT-SWAP | +0.0100% | 8h | 0.08601 | +0.163% | $607K | $1.8M | 20x | as long as short |
| Gate MANA_USDTlong | +0.0100% | 8h | 0.08587 | long leg | $308K | $337K | 75x | |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08595 | +0.093% | $13.0M | $690K | 200x | as long as short |
Variational Omni MANA
Injective MANA/USDC PERP
BingX MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
OKX MANA-USDT-SWAP
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 | 0.08600 | +0.151% | $1.7M | $72K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08607 | +0.227% | $1.6M | $491K | 25x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0564% | 1h | 0.08604 | +0.198% | $100K | $62K | 20x | as long as short |
KuCoin MANAUSDTM
Bitget MANAUSDT
Kraken Futures PF_MANAUSD