MANTRA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0204%/8h= −22.3% APRnext payment −$1.02 per $10,000 · paid last 24h −0.013%

Price spread now: KuCoin against Gate−0.156%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$431as in the Funding arb table

Net, price: spread back to 7d avg − costs−$405as in the Price arb table

costs, in and out, $10k−$3923.916% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.396%−$40 on $10k

Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.156%, 7d avg −0.025%

Together, before fees−0.269%−$27 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and KuCoin is 0.131% cheaper against Gate than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.025%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MANTRA_USDT	0.004486	0.0304	pay 0.0152% / 4h	2h 05m	$193K	$112K	50x
Short	KuCoin MANTRAUSDTM	0.004479	0.0100	get 0.0050% / 4h	2h 05m	$421K	$216K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee KuCoinbpOrdersPrice spread, now −0.156%Rate

Funding earned: −$42.84
Price spread: −0.156% → −0.025%: −$13.11
Slippage, 4 orders: −$364.64
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$447.59
Costs to cover: 3.916%
Break-even: never at this rate

Slippage from Gate: live order book, 36 min ago; KuCoin: live order book, 53 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 Gate live order book, 36 min ago	10.09 bp	48.9 bp −$49	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 53 min ago	39.01 bp	74.6 bp −$75	794.4 bp −$7,944	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	+0.0051%	4h	0.004481	−0.111%	$131K	$24K	50x	as long as short
BingX MANTRA-USDT	+0.0070%	4h	0.004486	0.000%	—	$1.7M	—	as long as short
Aster MANTRAUSDT	+0.0100%	4h	0.004486	+0.008%	$22K	$9K	5x	as long as short
Binance MANTRAUSDT	+0.0100%	4h	0.004484	−0.045%	$2.0M	$3.2M	50x	as long as short
MEXC MANTRA_USDT	+0.0100%	4h	0.004484	−0.045%	$1.3M	$220K	50x	as long as short
KuCoin MANTRAUSDTMshort	+0.0100%	4h	0.004479	−0.156%	$421K	$216K	50x
Bitget MANTRAUSDT	+0.0100%	4h	0.004480	−0.134%	$927K	$386K	50x	as long as short
Gate MANTRA_USDTlong	+0.0304%	4h	0.004486	long leg	$193K	$112K	50x