Funding you earn now, next payment 01:00 UTC+0.0089%/8h= +9.8% APRpaid last 24h +0.016%
Price spread now: BloFin against Arcus+0.040%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.040% dearer against Arcus than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus MRNA-USD | 173.78 | 0.0040 | pay 0.0005% / 1h | 30m 37s | $2K | $65K | 10x |
| Short | BloFin MRNA-USDT | 173.85 | 0.0130 | get 0.0130% / 8h | 7h 30m | $44K | $29K | 20x |
Arcus MRNA-USD
BloFin MRNA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Arcus. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $18.75
- Price spread: +0.040% → 0.000%
- $4.03
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $6.28
- Costs to cover
- 0.165%
- Break-even
- 4.7 days
Slippage unknown: Arcus: no order-book sample; BloFin: no order-book sample. Net counts fees only.
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 Arcus no order-book sample | — | — | — | — | — |
| Sell BloFin no order-book sample | — | — | — | — | — |
Arcus and BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MRNA on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MRNAUSDC | −0.0283% | 4h | 174.11 | +0.192% | $3K | $245K | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 173.41 | −0.211% | $29K | $81K | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.49 | −0.167% | $941K | $1.0M | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.54 | −0.138% | $1.3M | $5.2M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 173.42 | −0.207% | $1.1M | $2.7M | 10x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.42 | −0.207% | $2.6M | $10.5M | 20x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 173.69 | −0.051% | $12K | $428K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 173.58 | −0.115% | $1.6M | $646K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.724% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USDlong | +0.0040% | 1h | 173.78 | long leg | $2K | $65K | 10x |
edgeX MRNAUSDC
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
Bitget MRNAUSDT
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended MRNA-USD | +0.0048% | 1h | 173.57 | −0.121% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 173.50 | −0.161% | $2.6M | $4.3M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.55 | −0.132% | $43K | $39K | 5x | as long as short |
| Gate MRNA_USDT | +0.0092% | 8h | 173.41 | −0.213% | $871K | $1.1M | 20x | as long as short |
| Variational Omni MRNA | +0.0099% | 8h | 173.60 | −0.102% | $49K | $89K | — | as long as short |
| BloFin MRNA-USDTshort | +0.0130% | 8h | 173.85 | +0.040% | $44K | $29K | 20x | |
| Binance MRNAUSDT | +0.0159% | 8h | 173.48 | −0.173% | $2.2M | $11.4M | 20x | as long as short |
| Phoenix MRNA | +0.0231% | 1h | 173.85 | +0.040% | $5K | $193K | 10x | as long as short |
| SoDEX MRNA-USD | +0.1553% | 1h | 173.59 | −0.109% | $40K | $66K | 10x | as long as short |
| Lighter MRNA | +0.1736% | 1h | 173.86 | +0.046% | $123K | $1.0M | 10x | as long as short |
| GRVT MRNA_USDT_Perp | +0.2606% | 8h | 174.03 | +0.142% | $289 | $159K | 10x | as long as short |
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Gate MRNA_USDT
Variational Omni MRNA
Binance MRNAUSDT
Phoenix MRNA
SoDEX MRNA-USD
Lighter MRNA
GRVT MRNA_USDT_Perp