Funding you earn now, next payment 04:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against BingX−0.022%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$890.892% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 3 days (all we have)−0.006%−$1 · spread now −0.022%, 7d avg +0.009%
=Funding pays, the price is against you. BloFin is 0.031% cheaper against BingX than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.009%). If the spread goes back, that is −$3 on $10k: about 3.7 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MANTRA-USDT | 0.004500 | 0.0100 | pay 0.0050% / 4h | 3h 27m | — | $1.7M | — |
| Short | BloFin MANTRA-USDT | 0.004499 | 0.0128 | get 0.0064% / 4h | 3h 27m | $132K | $27K | 50x |
BingX MANTRA-USDT
BloFin MANTRA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $5.89
- Price spread: −0.022% → +0.009%
- −$3.11
- Slippage, 4 orders
- −$67.22
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$86.44
- Costs to cover
- 0.892%
- Break-even
- 109.7 days
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 29 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, 5 min ago | 6.66 bp | 20.9 bp −$21 | 86.6 bp −$866 | 917.1 bp −$91.7K | 1302.1 bp −$651.1K |
| Sell BloFin live order book, 29 min ago | 2.22 bp | 21.1 bp −$21 | 66.0 bp −$660 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MANTRAUSDT | +0.0100% | 4h | 0.004500 | −0.007% | $22K | $19K | 5x | as long as short |
| Binance MANTRAUSDT | +0.0100% | 4h | 0.004498 | −0.044% | $2.0M | $4.1M | 50x | as long as short |
| Gate MANTRA_USDT | +0.0100% | 4h | 0.004502 | +0.044% | $199K | $197K | 50x | as long as short |
| MEXC MANTRA_USDT | +0.0100% | 4h | 0.004497 | −0.067% | $1.3M | $224K | 50x | as long as short |
| KuCoin MANTRAUSDTM | +0.0100% | 4h | 0.004497 | −0.067% | $446K | $205K | 50x | as long as short |
| Bitget MANTRAUSDT | +0.0100% | 4h | 0.004498 | −0.044% | $959K | $498K | 50x | as long as short |
| BingX MANTRA-USDTlong | +0.0100% | 4h | 0.004500 | long leg | — | $1.7M | — | |
| BloFin MANTRA-USDTshort | +0.0128% | 4h | 0.004499 | −0.022% | $132K | $27K | 50x |
Aster MANTRAUSDT
Binance MANTRAUSDT
Gate MANTRA_USDT
MEXC MANTRA_USDT
KuCoin MANTRAUSDTM
Bitget MANTRAUSDT