Funding you earn now, next payment 08:00 UTC−0.0890%/8h= −97.5% APRpaid last 24h +0.007%
Price spread now: edgeX against Binance−0.041%60s7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$480.481% of the position
Funding, last 7 days−0.392%−$39 on $10k
+Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.041%, 7d avg −0.034%
=Together, before fees−0.271%+ Points / potential airdropedgeX: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: −$27 a day on $10k at the current rate. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.392% in total (about -20.4% 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 | Binance MRNAUSDT | 173.81 | 0 | get 0.0000% / 8h | 1h 02m | $2.1M | $11.3M | 20x |
| Short | edgeX MRNAUSDC | 173.74 | −0.0890 | pay 0.0445% / 4h | 1h 02m | $3K | $250K | 10x |
Binance MRNAUSDT
edgeX MRNAUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$186.97
- Price spread: −0.041% → −0.034%
- −$0.67
- Slippage, 4 orders
- −$29.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$235.72
- Costs to cover
- 0.481%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; edgeX: live order book, 40 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 Binance live order book, 8 min ago | 1.44 bp | 11.8 bp −$12 | 46.3 bp −$463 | 583.9 bp −$58.4K | doesn't fit |
| Sell edgeX live order book, 40 min ago | 2.61 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
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 MRNAUSDCshort | −0.0890% | 4h | 173.74 | −0.041% | $3K | $250K | 10x | |
| BloFin MRNA-USDT | −0.0002% | 8h | 173.90 | +0.049% | $45K | $30K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 173.72 | −0.052% | $27K | $83K | 20x | as long as short |
| Binance MRNAUSDTlong | 0.0000% | 8h | 173.81 | long leg | $2.1M | $11.3M | 20x | |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.83 | +0.009% | $944K | $607K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.79 | −0.014% | $1.3M | $5.5M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 173.67 | −0.083% | $1.1M | $2.5M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 173.73 | −0.048% | $867K | $997K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.69 | −0.071% | $2.7M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 173.82 | +0.006% | $58K | $96K | — | as long as short |
BloFin MRNA-USDT
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNAShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.70 | −0.064% | $453 | $145K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 173.93 | +0.066% | $14K | $430K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 173.81 | −0.002% | $1.6M | $644K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.742% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 173.24 | −0.330% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 173.77 | −0.026% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 173.80 | −0.008% | $2.6M | $4.5M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.49 | −0.186% | $43K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0232% | 1h | 173.81 | −0.002% | $5K | $191K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0292% | 1h | 173.75 | −0.037% | $40K | $57K | 10x | as long as short |
| Lighter MRNA | +0.0464% | 1h | 173.97 | +0.090% | $157K | $1.2M | 10x | as long as short |
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Phoenix MRNA
SoDEX MRNA-USD
Lighter MRNA