Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.026%
Price spread now: Bybit against Bitget−0.052%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1261.263% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.052%, 7d avg −0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.030% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MRNAUSDT | 172.11 | 0 | get 0.0000% / 8h | 2h 19m | $2.6M | $10.5M | 20x |
| Short | Bybit MRNAUSDT | 172.02 | 0 | get 0.0000% / 8h | 2h 19m | $934K | $621K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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: −0.052% → −0.022%
- −$3.02
- Slippage, 4 orders
- −$103.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$129.29
- Costs to cover
- 1.263%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Bybit: live order book, 56 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 Bitget live order book, 4 min ago | 3.49 bp | 13.6 bp −$14 | 45.9 bp −$459 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 56 min ago | 6.04 bp | 44.0 bp −$44 | 1201.4 bp −$12.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter MRNA | −0.1296% | 1h | 172.35 | +0.139% | $156K | $1.2M | 10x | as long as short |
| edgeX MRNAUSDC | −0.0911% | 4h | 172.01 | −0.059% | $3K | $248K | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.12 | +0.009% | $26K | $83K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.23 | +0.067% | $2.1M | $11.4M | 20x | as long as short |
| Bybit MRNAUSDTshort | 0.0000% | 8h | 172.02 | −0.052% | $934K | $621K | 25x | |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.18 | +0.041% | $1.3M | $5.3M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.24 | +0.076% | $860K | $999K | 20x | as long as short |
| Bitget MRNAUSDTlong | 0.0000% | 8h | 172.11 | long leg | $2.6M | $10.5M | 20x | |
| Variational Omni MRNA | 0.0000% | 8h | 171.99 | −0.067% | $56K | $96K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.12 | +0.005% | $546 | $147K | 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 | 172.04 | −0.041% | $13K | $431K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.17 | +0.035% | $1.5M | $654K | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 171.97 | −0.081% | $1.1M | $2.5M | 10x | as long as short |
| BloFin MRNA-USDT | +0.0008% | 8h | 172.20 | +0.052% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −7.838% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 171.94 | −0.099% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 171.96 | −0.086% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.03 | −0.046% | $2.5M | $4.5M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 171.81 | −0.174% | $42K | $35K | 5x | as long as short |
| SoDEX MRNA-USD | +0.0063% | 1h | 172.12 | +0.006% | $40K | $56K | 10x | as long as short |
| Phoenix MRNA | +0.0185% | 1h | 171.95 | −0.093% | $5K | $191K | 10x | as long as short |
Bitget MRNAUSDT
Bybit MRNAUSDT
Lighter MRNA
edgeX MRNAUSDC
Aster MRNAUSDT
Binance MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Variational Omni MRNA
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDT
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Phoenix MRNA