Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.019%
Price spread now: MEXC against OKX+0.023%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$590.585% of the position
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 7 days−0.005%$0 · spread now +0.023%, 7d avg +0.057%
=Funding pays, the price is against you. MEXC is 0.033% cheaper against OKX than usual: you would sell low and buy high (spread +0.023% now, against its 7-day average of +0.057%). If the spread goes back, that is −$3 on $10k: about 9.0 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.112% in total) that is about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MANA-USDT-SWAP | 0.08651 | 0.0088 | pay 0.0088% / 8h | 11m 08s | $612K | $1.9M | 20x |
| Short | MEXC MANA_USDT | 0.08653 | 0.0100 | get 0.0100% / 8h | 11m 08s | $13.4M | $714K | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $2.59
- Price spread: +0.023% → +0.057%
- −$3.34
- Slippage, 4 orders
- −$44.52
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$59.26
- Costs to cover
- 0.585%
- Break-even
- 166.9 days
Slippage from OKX: live order book, 1 min ago; MEXC: live order book, 2 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, 1 min ago | 1.73 bp | 23.2 bp −$23 | 110.9 bp −$1,109 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.88 bp | 7.3 bp −$7 | 51.1 bp −$511 | 229.1 bp −$22.9K | 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 | −0.0261% | 8h | 0.08628 | −0.270% | $84K | $3K | — | as long as short |
| Injective MANA/USDC PERP | +0.0033% | 1h | 0.08760 | +1.260% | $901 | $1K | 5.5x | as long as short |
| BingX MANA-USDT | +0.0061% | 8h | 0.08653 | +0.023% | — | $2.4M | — | as long as short |
| OKX MANA-USDT-SWAPlong | +0.0088% | 8h | 0.08651 | long leg | $612K | $1.9M | 20x | |
| Aster MANAUSDT | +0.0100% | 8h | 0.08658 | +0.081% | $7K | $6K | 5x | as long as short |
| Binance MANAUSDT | +0.0100% | 8h | 0.08652 | +0.009% | $3.5M | $5.9M | 75x | as long as short |
| Bybit MANAUSDT | +0.0100% | 8h | 0.08638 | −0.150% | $2.8M | $908K | 75x | as long as short |
| Gate MANA_USDT | +0.0100% | 8h | 0.08664 | +0.150% | $315K | $365K | 75x | as long as short |
| MEXC MANA_USDTshort | +0.0100% | 8h | 0.08653 | +0.023% | $13.4M | $714K | 200x | |
| KuCoin MANAUSDTM | +0.0100% | 8h | 0.08660 | +0.104% | $1.7M | $69K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MANAUSDT | +0.0100% | 8h | 0.08660 | +0.109% | $1.6M | $504K | 25x | as long as short |
| BloFin MANA-USDT | +0.0110% | 8h | 0.08665 | +0.162% | $170K | $57K | 20x | as long as short |
| Kraken Futures PF_MANAUSD | +0.0634% | 1h | 0.08667 | +0.180% | $99K | $74K | 20x | as long as short |
OKX MANA-USDT-SWAP
MEXC MANA_USDT
Variational Omni MANA
Injective MANA/USDC PERP
BingX MANA-USDT
Aster MANAUSDT
Binance MANAUSDT
Bybit MANAUSDT
Gate MANA_USDT
KuCoin MANAUSDTM
Bitget MANAUSDT
BloFin MANA-USDT
Kraken Futures PF_MANAUSD