Funding you earn now, next payment 16:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.19 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance−0.110%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.110% cheaper against Binance than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MRNAUSDT | 172.30 | 0 | get 0.0000% / 8h | 5h 54m | $2.1M | $11.8M | 20x |
| Short | BloFin MRNA-USDT | 172.11 | −0.0019 | pay 0.0019% / 8h | 5h 54m | $45K | $30K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- −$4.06
- Price spread: −0.110% → 0.000%
- −$11.01
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$37.07
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 8 min ago; 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 Binance live order book, 8 min ago | 2.04 bp | 15.9 bp −$16 | 47.0 bp −$470 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
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 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 MRNA-USDTshort | −0.0019% | 8h | 172.11 | −0.110% | $45K | $30K | 20x | |
| Aster MRNAUSDT | 0.0000% | 8h | 171.74 | −0.327% | $26K | $81K | 20x | as long as short |
| Binance MRNAUSDTlong | 0.0000% | 8h | 172.30 | long leg | $2.1M | $11.8M | 20x | |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.17 | −0.075% | $931K | $620K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.31 | +0.006% | $1.2M | $5.5M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 171.75 | −0.319% | $1.1M | $2.3M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.04 | −0.151% | $889K | $997K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.05 | −0.145% | $2.7M | $11.1M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 171.98 | −0.188% | $59K | $91K | — | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 172.21 | −0.052% | $13K | $433K | 20x | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex MRNAUSDT | 0.0000% | 8h | 172.17 | −0.075% | $1.5M | $676K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −7.939% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 171.23 | −0.621% | $2K | $65K | 10x | as long as short |
| Phoenix MRNA | +0.0188% | 1h | 172.46 | +0.093% | $5K | $205K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0210% | 1h | 171.99 | −0.180% | $42K | $40K | 5x | as long as short |
| GRVT MRNA_USDT_Perp | +0.0283% | 8h | 171.96 | −0.198% | $89 | $128K | 10x | as long as short |
| Extended MRNA-USD | +0.0296% | 1h | 172.13 | −0.096% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0338% | 1h | 171.97 | −0.191% | $2.7M | $4.6M | 10x | as long as short |
| Lighter MRNA | +0.0416% | 1h | 172.21 | −0.052% | $254K | $1.5M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0523% | 1h | 172.10 | −0.116% | $40K | $55K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0666% | 4h | 171.96 | −0.200% | $3K | $255K | 10x | as long as short |
Binance MRNAUSDT
BloFin MRNA-USDT
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Phoenix MRNA
GRVT MRNA_USDT_Perp
Extended MRNA-USD
tradeXYZ xyz:MRNA
Lighter MRNA
SoDEX MRNA-USD
edgeX MRNAUSDC