Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −1.9% APRnext payment −$0.18 per $10,000 · paid last 24h +0.025%
Price spread now: BloFin against OKX+0.383%113s7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$800.802% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 4 days (all we have)−0.166%−$17 · spread now +0.383%, 7d avg +0.070%
=The price spread pays, funding is against you. BloFin is 0.312% dearer against OKX than usual: you sell high and buy low (spread +0.383% now, against its 7-day average of +0.070%): +$31 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 59 days. Mind the row above: over the last 7 days funding on this pair paid +0.122%, so the current rate has only just turned against you. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MANA-USDT-SWAP | 0.08620 | 0.0100 | pay 0.0100% / 8h | 5h 05m | $596K | $1.8M | 20x |
| Short | BloFin MANA-USDT | 0.08653 | 0.0082 | get 0.0082% / 8h | 5h 05m | $170K | $55K | 20x |
OKX MANA-USDT-SWAP
BloFin MANA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- −$3.72
- Price spread: +0.383% → +0.070%
- $31.24
- Slippage, 4 orders
- −$58.2
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$52.68
- Costs to cover
- 0.802%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 26 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 OKX live order book, 2 min ago | 3.48 bp | 23.1 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 26 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 | −0.0106% | 8h | 0.08616 | −0.043% | $84K | $3K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08580 | −0.464% | $1K | $279 | 5.5x | as long as short |
| BingX MANA-USDT | +0.0070% | 8h | 0.08624 | +0.046% | — | $2.4M | — | as long as short |
| BloFin MANA-USDTshort | +0.0082% | 8h | 0.08653 | +0.383% | $170K | $55K | 20x | |
| Aster MANAUSDT | +0.0100% | 8h | 0.08623 | +0.030% | $8K | $7K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08631 | +0.128% | $3.4M | $5.5M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08612 | −0.093% | $2.8M | $862K | 75x | as long as short |
| OKX MANA-USDT-SWAPlong | +0.0100% | 8h | 0.08620 | long leg | $596K | $1.8M | 20x | |
| Gate MANA_USDT | +0.0100% | 8h | 0.08624 | +0.046% | $314K | $338K | 75x | as long as short |
| MEXC MANA_USDT | +0.0100% | 8h | 0.08631 | +0.128% | $13.1M | $704K | 200x | as long as short |
Variational Omni MANA
Injective MANA/USDC PERP
BingX MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
Gate MANA_USDT
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 | 0.08640 | +0.232% | $1.7M | $72K | 50x | as long as short |
| Bitget MANAUSDT | +0.0100% | 8h | 0.08633 | +0.152% | $1.6M | $491K | 25x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0129% | 1h | 0.08643 | +0.262% | $100K | $62K | 20x | as long as short |
KuCoin MANAUSDTM
Bitget MANAUSDT
Kraken Futures PF_MANAUSD