Funding arb · Price arb /

MANTRA

all MANTRA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against KuCoin+0.133%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$326as in the Funding arb table

Net, price: spread back to 7d avg − costs−$364as in the Price arb table

costs, in and out, $10k−$3783.777% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.513%+$51 on $10k

Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.133%, 7d avg −0.002%

Together, before fees+0.432%+$43 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: MEXC is 0.135% dearer against KuCoin than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MANTRAUSDTM	0.004500	0.0100	pay 0.0050% / 4h	34m 05s	$415K	$216K	50x
Short	MEXC MANTRA_USDT	0.004506	0.0100	get 0.0050% / 4h	34m 05s	$1.3M	$209K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.133%Rate

Funding earned: $0
Price spread: +0.133% → −0.002%: $13.5
Slippage, 4 orders: −$361.71
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$364.21
Costs to cover: 3.777%
Break-even: never at this rate

Slippage from KuCoin: live order book, 69 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 KuCoin live order book, 69 min ago	21.16 bp	267.6 bp −$268	678.4 bp −$6,784	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	2.22 bp	15.3 bp −$15	55.2 bp −$552	290.0 bp −$29.0K	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	+0.0078%	4h	0.004499	−0.022%	$132K	$24K	50x	as long as short
Aster MANTRAUSDT	+0.0100%	4h	0.004507	+0.160%	$22K	$9K	5x	as long as short
Binance MANTRAUSDT	+0.0100%	4h	0.004505	+0.111%	$2.1M	$3.2M	50x	as long as short
Gate MANTRA_USDT	+0.0100%	4h	0.004500	0.000%	$192K	$108K	50x	as long as short
MEXC MANTRA_USDTshort	+0.0100%	4h	0.004506	+0.133%	$1.3M	$209K	50x
KuCoin MANTRAUSDTMlong	+0.0100%	4h	0.004500	long leg	$415K	$216K	50x
Bitget MANTRAUSDT	+0.0100%	4h	0.004500	0.000%	$930K	$370K	50x	as long as short
BingX MANTRA-USDT	+0.0100%	4h	0.004501	+0.022%	—	$1.7M	—	as long as short