Funding arb · Price arb /

MANTRA

all MANTRA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against MEXC+0.113%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$891as in the Funding arb table

Net, price: spread back to 7d avg − costs−$830as in the Price arb table

costs, in and out, $10k−$8408.404% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.508%−$51 on $10k

Price spread, last 4 days (all we have)−0.173%−$17 · spread now +0.113%, 7d avg +0.004%

Together, before fees−0.682%−$68 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: KuCoin is 0.109% dearer against MEXC than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC MANTRA_USDT	0.004443	0.0100	pay 0.0050% / 4h	2h 14m	$1.3M	$208K	50x
Short	KuCoin MANTRAUSDTM	0.004448	0.0100	get 0.0050% / 4h	2h 14m	$408K	$201K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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 MEXCbpFee KuCoinbpOrdersPrice spread, now +0.113%Rate

Funding earned: $0
Price spread: +0.113% → +0.004%: $10.87
Slippage, 4 orders: −$824.42
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$829.55
Costs to cover: 8.404%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 30 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 MEXC live order book, 5 min ago	2.25 bp	15.2 bp −$15	61.3 bp −$613	327.1 bp −$32.7K	doesn't fit
Sell KuCoin live order book, 30 min ago	42.44 bp	317.0 bp −$317	877.2 bp −$8,772	doesn't fit	doesn't fit

MANTRA on 8 exchanges

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	+0.0082%	4h	0.004440	−0.068%	$132K	$23K	50x	as long as short
Aster MANTRAUSDT	+0.0100%	4h	0.004446	+0.058%	$22K	$10K	5x	as long as short
Binance MANTRAUSDT	+0.0100%	4h	0.004446	+0.062%	$2.0M	$3.1M	50x	as long as short
Gate MANTRA_USDT	+0.0100%	4h	0.004447	+0.090%	$190K	$102K	50x	as long as short
MEXC MANTRA_USDTlong	+0.0100%	4h	0.004443	long leg	$1.3M	$208K	50x
KuCoin MANTRAUSDTMshort	+0.0100%	4h	0.004448	+0.113%	$408K	$201K	50x
Bitget MANTRAUSDT	+0.0100%	4h	0.004448	+0.113%	$933K	$370K	50x	as long as short
BingX MANTRA-USDT	+0.0100%	4h	0.004447	+0.090%	—	$1.7M	—	as long as short