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

MANTRA

all MANTRA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.02 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against Binance+0.234%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$1011.013% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.292%−$29 · spread now +0.234%, 7d avg +0.020%
Together, before fees−0.288%−$29 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.214% dearer against Binance than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MANTRAUSDT0.0044950.0100pay 0.0050% / 4h36m 34s$2.0M$3.2M50x
ShortBloFin MANTRA-USDT0.0045060.0105get 0.0052% / 4h36m 34s$132K$24K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$0.98
Price spread: +0.234% → +0.020%
$21.43
Slippage, 4 orders
−$79.26
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$78.84
Costs to cover
1.013%
Break-even
568.6 days
Slippage from Binance: live order book, 14 min ago; BloFin: live order book, 30 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 Binance live order book, 14 min ago1.11 bp26.5 bp −$26241.2 bp −$2,412doesn't fitdoesn't fit
Sell BloFin live order book, 30 min ago1.11 bp28.6 bp −$2983.3 bp −$833doesn't fitdoesn't fit

MANTRA on 8 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
Aster MANTRAUSDT+0.0100%4h0.004492−0.079%$22K$9K5xas long as short
Binance MANTRAUSDTlong+0.0100%4h0.004495long leg$2.0M$3.2M50x
Gate MANTRA_USDT+0.0100%4h0.004495−0.011%$192K$108K50xas long as short
MEXC MANTRA_USDT+0.0100%4h0.004496+0.012%$1.3M$209K50xas long as short
KuCoin MANTRAUSDTM+0.0100%4h0.004493−0.055%$417K$216K50xas long as short
Bitget MANTRAUSDT+0.0100%4h0.004498+0.056%$930K$370K50xas long as short
BingX MANTRA-USDT+0.0100%4h0.004493−0.055%$1.7Mas long as short
BloFin MANTRA-USDTshort+0.0105%4h0.004506+0.234%$132K$24K50x