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

MANA

all MANA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0029%/8h= −3.2% APRpaid last 24h +0.128%
Price spread now: KuCoin against Kraken Futures−0.004%7-day average · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1891.888% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.541%+$54 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.541%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_MANAUSD0.086300.0129pay 0.0016% / 1h2m 03s$100K$62K20x
ShortKuCoin MANAUSDTM0.086300.0100get 0.0100% / 8h5h 02m$1.7M$72K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Kraken Futures. 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
−$6.06
Price spread: −0.004% → 0.000%
−$0.37
Slippage, 4 orders
−$166.82
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$195.25
Costs to cover
1.888%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 26 min ago; KuCoin: live order book, 4 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 Kraken Futures live order book, 26 min ago8.09 bp41.3 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago11.59 bp66.3 bp −$66217.6 bp −$2,176doesn'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−0.0106%8h0.08616−0.162%$84K$3Kas long as short
Injective MANA/USDC PERP+0.0033%1h0.08580−0.583%$1K$2795.5xas long as short
BingX MANA-USDT+0.0070%8h0.08614−0.189%$2.4Mas long as short
Aster MANAUSDT+0.0100%8h0.08620−0.120%$8K$7K5xas long as short
Binance MANAUSDT+0.0100%8h0.08621−0.108%$3.4M$5.5M75xas long as short
Bybit MANAUSDT+0.0100%8h0.08608−0.259%$2.8M$861K75xas long as short
OKX MANA-USDT-SWAP+0.0100%8h0.08613−0.201%$596K$1.8M20xas long as short
Gate MANA_USDT+0.0100%8h0.08612−0.212%$314K$339K75xas long as short
MEXC MANA_USDT+0.0100%8h0.08622−0.096%$13.1M$704K200xas long as short
KuCoin MANAUSDTMshort+0.0100%8h0.08630−0.004%$1.7M$72K50x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MANAUSDT+0.0100%8h0.08622−0.091%$1.6M$493K25xas long as short
BloFin MANA-USDT+0.0104%8h0.08622−0.096%$170K$55K20xas long as short
Kraken Futures PF_MANAUSDlong+0.0129%1h0.08630long leg$100K$62K20x