Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.029%
Price spread now: GRVT against Binance+0.041%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$630.630% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 2 days (all we have)−0.042%−$4 · spread now +0.041%, 7d avg −0.020%
=Together, before fees−0.041%+ Points / potential airdropGRVT: Active · farm board−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.060% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MRNAUSDT | 172.66 | 0 | get 0.0000% / 8h | 1h 25m | $2.2M | $11.3M | 20x |
| Short | GRVT MRNA_USDT_Perp | 172.73 | 0 | get 0.0000% / 8h | 1h 25m | $421 | $169K | 10x |
Binance MRNAUSDT
GRVT MRNA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $0
- Price spread: +0.041% → −0.020%
- $6.01
- Slippage, 4 orders
- −$43.97
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$56.96
- Costs to cover
- 0.630%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; GRVT: live order book, 57 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, 15 min ago | 2.02 bp | 12.4 bp −$12 | 46.8 bp −$468 | 660.2 bp −$66.0K | doesn't fit |
| Sell GRVT live order book, 57 min ago | 3.47 bp | 22.9 bp −$23 | 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 MRNAUSDC | −0.0885% | 4h | 172.72 | +0.037% | $3K | $242K | 10x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.49 | −0.098% | $1.1M | $2.7M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.74 | +0.045% | $29K | $81K | 20x | as long as short |
| Binance MRNAUSDTlong | 0.0000% | 8h | 172.66 | long leg | $2.2M | $11.3M | 20x | |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.62 | −0.023% | $933K | $1.0M | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.49 | −0.098% | $1.4M | $4.9M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.59 | −0.041% | $879K | $1.1M | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.52 | −0.081% | $2.6M | $10.4M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 172.59 | −0.039% | $49K | $98K | — | as long as short |
| GRVT MRNA_USDT_Perpshort | 0.0000% | 8h | 172.73 | +0.041% | $421 | $169K | 10x |
edgeX MRNAUSDC
QFEX MRNA-USD
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX MRNA-USDT | 0.0000% | 8h | 172.54 | −0.071% | $12K | $430K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.63 | −0.017% | $1.6M | $642K | 20x | as long as short |
| BloFin MRNA-USDT | +0.0025% | 8h | 172.63 | −0.017% | $44K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.132% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.45 | −0.122% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.54 | −0.070% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.48 | −0.104% | $2.6M | $4.2M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.73 | +0.041% | $43K | $39K | 5x | as long as short |
| Lighter MRNA | +0.0168% | 1h | 172.63 | −0.017% | $124K | $1.0M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0233% | 1h | 172.53 | −0.075% | $40K | $75K | 10x | as long as short |
| Phoenix MRNA | +0.0324% | 1h | 172.62 | −0.023% | $5K | $192K | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Lighter MRNA
SoDEX MRNA-USD
Phoenix MRNA