Funding you earn now, next payment 12:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against BloFin0.000%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$584as in the Funding arb table
Net, price: spread back to 7d avg − costs−$530as in the Price arb table
costs, in and out, $10k−$5335.331% of the position
Funding, last 7 days−0.513%−$51 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now 0.000%, 7d avg −0.029%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.029% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.029%. Mind the row above: over the last 7 days funding on this pair cost −0.513%, 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 | BloFin MANTRA-USDT | 0.004497 | 0.0075 | pay 0.0038% / 4h | 2h 56m | $133K | $23K | 50x |
| Short | KuCoin MANTRAUSDTM | 0.004497 | 0.0100 | get 0.0050% / 4h | 2h 56m | $413K | $205K | 50x |
BloFin MANTRA-USDT
KuCoin MANTRAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- $5.21
- Price spread: 0.000% → −0.029%
- $2.86
- Slippage, 4 orders
- −$509.09
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$525.02
- Costs to cover
- 5.331%
- Break-even
- 712.2 days
Slippage from BloFin: live order book, 60 min ago; KuCoin: live order book, 26 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 BloFin live order book, 60 min ago | 2.23 bp | 23.3 bp −$23 | 77.1 bp −$771 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 26 min ago | 54.63 bp | 175.2 bp −$175 | 432.4 bp −$4,324 | 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-USDTlong | +0.0075% | 4h | 0.004497 | long leg | $133K | $23K | 50x | |
| Aster MANTRAUSDT | +0.0100% | 4h | 0.004492 | −0.111% | $22K | $10K | 5x | as long as short |
| Binance MANTRAUSDT | +0.0100% | 4h | 0.004498 | +0.032% | $2.1M | $3.2M | 50x | as long as short |
| Gate MANTRA_USDT | +0.0100% | 4h | 0.004492 | −0.111% | $191K | $100K | 50x | as long as short |
| MEXC MANTRA_USDT | +0.0100% | 4h | 0.004497 | 0.000% | $1.3M | $202K | 50x | as long as short |
| KuCoin MANTRAUSDTMshort | +0.0100% | 4h | 0.004497 | 0.000% | $413K | $205K | 50x | |
| Bitget MANTRAUSDT | +0.0100% | 4h | 0.004493 | −0.089% | $932K | $363K | 50x | as long as short |
| BingX MANTRA-USDT | +0.0100% | 4h | 0.004493 | −0.089% | — | $1.7M | — | as long as short |
Aster MANTRAUSDT
Binance MANTRAUSDT
Gate MANTRA_USDT
MEXC MANTRA_USDT
Bitget MANTRAUSDT
BingX MANTRA-USDT