Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against Bitget+0.112%85s7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as 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−$1431.426% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)−0.333%−$33 · spread now +0.112%, 7d avg −0.005%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.117% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.005%. Mind the row above: over the last 7 days funding on this pair cost −0.089%, so the current rate has only just turned in your favour. The two prices were read 85 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 | Bitget MANTRAUSDT | 0.004458 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $923K | $388K | 50x |
| Short | BloFin MANTRA-USDT | 0.004463 | 0.0130 | get 0.0065% / 4h | 2h 27m | $131K | $24K | 50x |
Bitget MANTRAUSDT
BloFin MANTRA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $6.24
- Price spread: +0.112% → −0.005%
- $11.68
- Slippage, 4 orders
- −$118.56
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$124.63
- Costs to cover
- 1.426%
- Break-even
- 146.7 days
Slippage from Bitget: live order book, 18 min ago; BloFin: live order book, 51 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 Bitget live order book, 18 min ago | 7.81 bp | 39.7 bp −$40 | 274.9 bp −$2,749 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 51 min ago | 1.12 bp | 18.0 bp −$18 | 59.4 bp −$594 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX MANTRA-USDT | +0.0070% | 4h | 0.004461 | +0.067% | — | $1.7M | — | as long as short |
| Aster MANTRAUSDT | +0.0100% | 4h | 0.004457 | −0.021% | $22K | $9K | 5x | as long as short |
| Binance MANTRAUSDT | +0.0100% | 4h | 0.004455 | −0.068% | $2.0M | $3.3M | 50x | as long as short |
| MEXC MANTRA_USDT | +0.0100% | 4h | 0.004454 | −0.090% | $1.3M | $219K | 50x | as long as short |
| KuCoin MANTRAUSDTM | +0.0100% | 4h | 0.004461 | +0.067% | $419K | $216K | 50x | as long as short |
| Bitget MANTRAUSDTlong | +0.0100% | 4h | 0.004458 | long leg | $923K | $388K | 50x | |
| BloFin MANTRA-USDTshort | +0.0130% | 4h | 0.004463 | +0.112% | $131K | $24K | 50x | |
| Gate MANTRA_USDT | +0.0206% | 4h | 0.004464 | +0.135% | $191K | $112K | 50x | as long as short |
BingX MANTRA-USDT
Aster MANTRAUSDT
Binance MANTRAUSDT
MEXC MANTRA_USDT
KuCoin MANTRAUSDTM
Gate MANTRA_USDT