Funding you earn now, next payment 06:00 UTC−0.1208%/8h= −132.3% APRpaid last 24h +0.102%
Price spread now: Lighter against Aster+0.167%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.333%+$33 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.167% dearer against Aster than usual: you sell high and buy low (spread +0.167% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$36 a day in funding at the current rate, which eats that in about 11 hours. Mind the row above: over the last 7 days funding on this pair paid +0.333%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.333% in total (about 17.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MRNAUSDT | 172.24 | 0 | get 0.0000% / 8h | 2h 13m | $26K | $83K | 20x |
| Short | Lighter MRNA | 172.53 | −0.1208 | pay 0.0151% / 1h | 13m 32s | $156K | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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
- −$253.68
- Price spread: +0.167% → 0.000%
- $16.67
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$245.01
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; Lighter: live order book, 2 min ago. 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 Aster no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 2 min ago | 10.14 bp | 11.2 bp −$11 | 42.2 bp −$422 | 196.9 bp −$19.7K | doesn't fit |
Aster: 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter MRNAshort | −0.1208% | 1h | 172.53 | +0.167% | $156K | $1.2M | 10x | |
| BloFin MRNA-USDT | −0.0018% | 8h | 172.11 | −0.077% | $45K | $29K | 20x | as long as short |
| Aster MRNAUSDTlong | 0.0000% | 8h | 172.24 | long leg | $26K | $83K | 20x | |
| Binance MRNAUSDT | 0.0000% | 8h | 172.35 | +0.064% | $2.1M | $11.4M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.12 | −0.071% | $935K | $621K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.28 | +0.022% | $1.3M | $5.4M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.34 | +0.056% | $861K | $999K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.41 | +0.097% | $2.6M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 172.33 | +0.049% | $56K | $96K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.20 | −0.023% | $2 | $148K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRNA-USDT | 0.0000% | 8h | 172.15 | −0.054% | $13K | $431K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.27 | +0.016% | $1.6M | $654K | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.15 | −0.054% | $1.1M | $2.5M | 10x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −7.909% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.12 | −0.071% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.20 | −0.024% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.15 | −0.054% | $2.5M | $4.5M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.13 | −0.066% | $42K | $35K | 5x | as long as short |
| SoDEX MRNA-USD | +0.0125% | 1h | 172.21 | −0.019% | $40K | $56K | 10x | as long as short |
| Phoenix MRNA | +0.0185% | 1h | 172.24 | −0.002% | $5K | $191K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0794% | 4h | 172.27 | +0.017% | $3K | $249K | 10x | as long as short |
Aster MRNAUSDT
Lighter MRNA
BloFin MRNA-USDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Phoenix MRNA
edgeX MRNAUSDC