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

MANA

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.003%
Price spread now: KuCoin against Injective−1.142%100s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. KuCoin is 1.142% cheaper against Injective than usual: you would sell low and buy high (spread −1.142% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$114 on $10k: about 57 days of funding at the current rate (+$2 a day). The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective MANA/USDC PERP0.087600.0033pay 0.0004% / 1h11m 37s$901$1K5.5x
ShortKuCoin MANAUSDTM0.086600.0100get 0.0100% / 8h11m 37s$1.7M$69K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Injective. 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
$14
Price spread: −1.142% → 0.000%
−$114.16
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$112.18
Costs to cover
0.120%
Break-even
63.1 days
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell KuCoin live order book, 4 min ago5.78 bp76.6 bp −$77271.0 bp −$2,710doesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0261%8h0.08628−1.511%$84K$3Kas long as short
Injective MANA/USDC PERPlong+0.0033%1h0.08760long leg$901$1K5.5x
BingX MANA-USDT+0.0061%8h0.08653−1.221%$2.4Mas long as short
OKX MANA-USDT-SWAP+0.0087%8h0.08651−1.244%$612K$1.9M20xas long as short
Aster MANAUSDT+0.0100%8h0.08659−1.150%$7K$6K5xas long as short
Binance MANAUSDT+0.0100%8h0.08655−1.199%$3.5M$5.9M75xas long as short
Bybit MANAUSDT+0.0100%8h0.08642−1.347%$2.8M$912K75xas long as short
Gate MANA_USDT+0.0100%8h0.08665−1.084%$315K$365K75xas long as short
MEXC MANA_USDT+0.0100%8h0.08653−1.221%$13.4M$714K200xas long as short
KuCoin MANAUSDTMshort+0.0100%8h0.08660−1.142%$1.7M$69K50x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MANAUSDT+0.0100%8h0.08659−1.158%$1.6M$504K25xas long as short
BloFin MANA-USDT+0.0113%8h0.08665−1.084%$171K$57K20xas long as short
Kraken Futures PF_MANAUSD+0.0633%1h0.08668−1.046%$99K$74K20xas long as short