Funding you earn now, next payment 08:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.25 per $10,000 · paid last 24h +0.007%
Price spread now: MEXC against BloFin+0.179%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$930.933% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.155%−$16 · spread now +0.179%, 7d avg −0.032%
=The price spread pays, funding is against you. MEXC is 0.211% dearer against BloFin than usual: you sell high and buy low (spread +0.179% now, against its 7-day average of −0.032%): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 7 days (−0.005% in total) that is about 10 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MANTRA-USDT | 0.004468 | 0.0149 | pay 0.0075% / 4h | 3h 15m | $132K | $24K | 50x |
| Short | MEXC MANTRA_USDT | 0.004476 | 0.0100 | get 0.0050% / 4h | 3h 15m | $1.3M | $222K | 50x |
BloFin MANTRA-USDT
MEXC MANTRA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$10.31
- Price spread: +0.179% → −0.032%
- $21.12
- Slippage, 4 orders
- −$77.35
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$82.54
- Costs to cover
- 0.933%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; MEXC: live order book, 1 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, 4 min ago | 1.12 bp | 43.0 bp −$43 | 97.6 bp −$976 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 4.47 bp | 18.5 bp −$18 | 71.8 bp −$718 | 407.8 bp −$40.8K | 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 | 0.004473 | +0.112% | — | $1.7M | — | as long as short |
| Aster MANTRAUSDT | +0.0100% | 4h | 0.004475 | +0.162% | $22K | $8K | 5x | as long as short |
| Binance MANTRAUSDT | +0.0100% | 4h | 0.004475 | +0.157% | $2.0M | $3.3M | 50x | as long as short |
| MEXC MANTRA_USDTshort | +0.0100% | 4h | 0.004476 | +0.179% | $1.3M | $222K | 50x | |
| KuCoin MANTRAUSDTM | +0.0100% | 4h | 0.004477 | +0.201% | $421K | $217K | 50x | as long as short |
| Bitget MANTRAUSDT | +0.0100% | 4h | 0.004479 | +0.246% | $924K | $389K | 50x | as long as short |
| BloFin MANTRA-USDTlong | +0.0149% | 4h | 0.004468 | long leg | $132K | $24K | 50x | |
| Gate MANTRA_USDT | +0.0504% | 4h | 0.004471 | +0.067% | $192K | $113K | 50x | as long as short |
BingX MANTRA-USDT
Aster MANTRAUSDT
Binance MANTRAUSDT
KuCoin MANTRAUSDTM
Bitget MANTRAUSDT
Gate MANTRA_USDT