Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against MEXC+0.234%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 0.234% dearer against MEXC than usual: you sell high and buy low (spread +0.234% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MANA_USDT | 0.08560 | 0.0100 | pay 0.0100% / 8h | 7h 31m | $13.0M | $671K | 200x |
| Short | Injective MANA/USDC PERP | 0.08580 | 0.0033 | get 0.0004% / 1h | 31m 10s | $1K | $279 | 5.5x |
MEXC MANA_USDT
Injective MANA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against MEXC. 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
- −$14
- Price spread: +0.234% → 0.000%
- $23.36
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $5.34
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 2 min ago; Injective: no order-book sample. Net counts fees only.
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 MEXC live order book, 2 min ago | 1.17 bp | 6.8 bp −$7 | 50.7 bp −$507 | 226.5 bp −$22.6K | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MANAUSD | −0.0246% | 1h | 0.08560 | +0.001% | $93K | $60K | 20x | as long as short |
| Variational Omni MANA | −0.0232% | 8h | 0.08546 | −0.167% | $83K | $3K | — | as long as short |
| Injective MANA/USDC PERPshort | +0.0033% | 1h | 0.08580 | +0.234% | $1K | $279 | 5.5x | |
| BingX MANA-USDT | +0.0070% | 8h | 0.08555 | −0.058% | — | $2.4M | — | as long as short |
| Aster MANAUSDT | +0.0100% | 8h | 0.08553 | −0.076% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08560 | 0.000% | $3.4M | $5.1M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08549 | −0.129% | $2.8M | $815K | 75x | as long as short |
| OKX MANA-USDT-SWAP | +0.0100% | 8h | 0.08558 | −0.023% | $640K | $1.7M | 20x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08554 | −0.070% | $295K | $235K | 75x | as long as short |
| MEXC MANA_USDTlong | +0.0100% | 8h | 0.08560 | long leg | $13.0M | $671K | 200x |
Kraken Futures PF_MANAUSD
Variational Omni MANA
BingX MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
OKX MANA-USDT-SWAP
Gate MANA_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08560 | 0.000% | $1.7M | $67K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08562 | +0.023% | $1.6M | $480K | 25x | as long as short |
| BloFin MANA-USDT | +0.0118% | 8h | 0.08559 | −0.012% | $171K | $43K | 20x | as long as short |
KuCoin MANAUSDTM
Bitget MANAUSDT
BloFin MANA-USDT