Funding arb · Price arb /

MANTRA

all MANTRA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against KuCoin+0.046%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$298as in the Funding arb table

Net, price: spread back to 7d avg − costs−$351as in the Price arb table

costs, in and out, $10k−$3543.544% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.562%+$56 on $10k

Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.046%, 7d avg +0.012%

Together, before fees+0.571%+$57 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.034% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MANTRAUSDTM	0.004477	0.0100	pay 0.0050% / 4h	38m 20s	$486K	$66K	50x
Short	Binance MANTRAUSDT	0.004479	0.0100	get 0.0050% / 4h	38m 20s	$2.0M	$4.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.046%Rate

Funding earned: $0
Price spread: +0.046% → +0.012%: $3.41
Slippage, 4 orders: −$332.38
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$350.97
Costs to cover: 3.544%
Break-even: never at this rate

Slippage from KuCoin: live order book, 24 min ago; Binance: live order book, 13 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 KuCoin live order book, 24 min ago	27.01 bp	230.0 bp −$230	1013.4 bp −$10.1K	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	2.22 bp	36.9 bp −$37	173.4 bp −$1,734	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	+0.0089%	4h	0.004487	+0.223%	$94K	$31K	50x	as long as short
Aster MANTRAUSDT	+0.0100%	4h	0.004481	+0.090%	$22K	$19K	5x	as long as short
Binance MANTRAUSDTshort	+0.0100%	4h	0.004479	+0.046%	$2.0M	$4.1M	50x
Gate MANTRA_USDT	+0.0100%	4h	0.004483	+0.134%	$198K	$210K	50x	as long as short
MEXC MANTRA_USDT	+0.0100%	4h	0.004479	+0.045%	$1.3M	$226K	50x	as long as short
KuCoin MANTRAUSDTMlong	+0.0100%	4h	0.004477	long leg	$486K	$66K	50x
Bitget MANTRAUSDT	+0.0100%	4h	0.004481	+0.089%	$958K	$508K	50x	as long as short
BingX MANTRA-USDT	+0.0100%	4h	0.004481	+0.089%	—	$1.7M	—	as long as short