Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against Binance+0.491%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.491% dearer against Binance than usual: you sell high and buy low: +$49 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 | Binance MRNAUSDT | 169.20 | 0 | get 0.0000% / 8h | 7h 32m | $2.1M | $11.4M | 20x |
| Short | Ondo Perps MRNA-USD.P | 170.03 | 0.0050 | get 0.0006% / 1h | 32m 33s | $43K | $35K | 5x |
Binance MRNAUSDT
Ondo Perps MRNA-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $10.58
- Price spread: +0.491% → 0.000%
- $49.05
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $44.64
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 7 min ago; Ondo Perps: 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, 7 min ago | 1.76 bp | 15.4 bp −$15 | 52.2 bp −$522 | 675.7 bp −$67.6K | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | −0.0305% | 4h | 170.26 | +0.625% | $3K | $253K | 10x | as long as short |
| BloFin MRNA-USDT | −0.0026% | 8h | 169.67 | +0.278% | $45K | $29K | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 169.03 | −0.100% | $1.1M | $2.6M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 169.40 | +0.120% | $26K | $82K | 20x | as long as short |
| Binance MRNAUSDTlong | 0.0000% | 8h | 169.20 | long leg | $2.1M | $11.4M | 20x | |
| Bybit MRNAUSDT | 0.0000% | 8h | 169.01 | −0.112% | $908K | $609K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 169.20 | 0.000% | $1.2M | $5.3M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 168.97 | −0.136% | $863K | $980K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 168.97 | −0.136% | $2.5M | $10.8M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 170.29 | +0.642% | $54K | $92K | — | as long as short |
edgeX MRNAUSDC
BloFin MRNA-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 170.34 | +0.674% | $3 | $133K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 168.51 | −0.406% | $14K | $431K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 169.10 | −0.059% | $1.5M | $649K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −6.253% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 168.99 | −0.124% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 169.06 | −0.080% | $31K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 168.73 | −0.278% | $2.5M | $4.4M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 168.99 | −0.124% | $39K | $55K | 10x | as long as short |
| Ondo Perps MRNA-USD.Pshort | +0.0050% | 1h | 170.03 | +0.491% | $43K | $35K | 5x | |
| Lighter MRNA | +0.0272% | 1h | 168.97 | −0.136% | $98K | $1.2M | 10x | as long as short |
| Phoenix MRNA | +0.0278% | 1h | 169.54 | +0.201% | $5K | $191K | 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
SoDEX MRNA-USD
Lighter MRNA
Phoenix MRNA