MANA: Kraken ↔ Binance arbitrage

MANA arbitrage between Kraken and Binance: we compare the price of MANA on Kraken (spot) and Binance (futures) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

About Decentraland

Entertainment, Gaming (GameFi), NFT, Metaverse

Over the past 24 hours the spread between Kraken and Binance stayed between 0.60% and 1.28%, median 0.97% across 13 samples (futures to futures).

MANA: Binance — deposit open, withdrawal open.

Open interest in MANA right now — $12.7M: KuCoin $3.2M, Binance $3.0M, Bybit $2.4M, BingX $2.0M, Bitget $1.5M. See OI MANA.

About MANA arbitrage

How do I read the MANA spread?

The spread is how many percent higher MANA trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on Kraken and Binance. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get MANA alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.