Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX−0.067%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1321.321% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.067%, 7d avg +0.011%
=Funding pays, the price is against you. Bitget is 0.078% cheaper against BingX than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of +0.011%). If the spread goes back, that is −$8 on $10k: about 8.7 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.002% in total) that is about 9 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MANTRA-USDT | 0.004481 | 0.0070 | pay 0.0035% / 4h | 2h 12m | — | $1.7M | — |
| Short | Bitget MANTRAUSDT | 0.004478 | 0.0100 | get 0.0050% / 4h | 2h 12m | $927K | $387K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- $6.3
- Price spread: −0.067% → +0.011%
- −$7.84
- Slippage, 4 orders
- −$110.05
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$133.59
- Costs to cover
- 1.321%
- Break-even
- 155.4 days
Slippage from BingX: live order book, 6 min ago; Bitget: live order book, 34 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 BingX live order book, 6 min ago | 4.46 bp | 22.8 bp −$23 | 82.7 bp −$827 | 879.1 bp −$87.9K | doesn't fit |
| Sell Bitget live order book, 34 min ago | 7.81 bp | 41.7 bp −$42 | 137.9 bp −$1,379 | doesn't fit | doesn't fit |
MANTRA on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MANTRA-USDT | +0.0063% | 4h | 0.004482 | +0.022% | $131K | $24K | 50x | as long as short |
| BingX MANTRA-USDTlong | +0.0070% | 4h | 0.004481 | long leg | — | $1.7M | — | |
| Aster MANTRAUSDT | +0.0100% | 4h | 0.004482 | +0.027% | $22K | $9K | 5x | as long as short |
| Binance MANTRAUSDT | +0.0100% | 4h | 0.004483 | +0.045% | $2.0M | $3.2M | 50x | as long as short |
| MEXC MANTRA_USDT | +0.0100% | 4h | 0.004483 | +0.045% | $1.3M | $220K | 50x | as long as short |
| KuCoin MANTRAUSDTM | +0.0100% | 4h | 0.004485 | +0.089% | $422K | $216K | 50x | as long as short |
| Bitget MANTRAUSDTshort | +0.0100% | 4h | 0.004478 | −0.067% | $927K | $387K | 50x | |
| Gate MANTRA_USDT | +0.0276% | 4h | 0.004481 | 0.000% | $192K | $112K | 50x | as long as short |
BingX MANTRA-USDT
Bitget MANTRAUSDT
BloFin MANTRA-USDT
Aster MANTRAUSDT
Binance MANTRAUSDT
MEXC MANTRA_USDT
KuCoin MANTRAUSDTM
Gate MANTRA_USDT