Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.026%
Price spread now: GRVT against Bitget−0.029%93s7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as 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−$790.791% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 3 days (all we have)+0.243%+$24 · spread now −0.029%, 7d avg +0.018%
=Together, before fees+0.214%+ Points / potential airdropGRVT: Active · farm board+$21 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 0.047% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.018%. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MRNAUSDT | 172.80 | 0 | get 0.0000% / 8h | 2h 23m | $2.6M | $10.4M | 20x |
| Short | GRVT MRNA_USDT_Perp | 172.75 | 0 | get 0.0000% / 8h | 2h 23m | $7 | $174K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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: −0.029% → +0.018%
- −$4.7
- Slippage, 4 orders
- −$58.07
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$83.77
- Costs to cover
- 0.791%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; GRVT: live order book, 62 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 | 3.19 bp | 15.3 bp −$15 | 22.3 bp −$223 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 62 min ago | 3.18 bp | 31.5 bp −$32 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRNA-USDT | −0.0012% | 8h | 172.82 | +0.012% | $44K | $29K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.65 | −0.084% | $29K | $80K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.96 | +0.094% | $2.2M | $11.1M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.95 | +0.087% | $938K | $1.0M | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.82 | +0.012% | $1.4M | $4.9M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.52 | −0.162% | $1.1M | $2.6M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.77 | −0.017% | $881K | $1.1M | 20x | as long as short |
| Bitget MRNAUSDTlong | 0.0000% | 8h | 172.80 | long leg | $2.6M | $10.4M | 20x | |
| Variational Omni MRNA | 0.0000% | 8h | 172.76 | −0.024% | $34K | $70K | — | as long as short |
| GRVT MRNA_USDT_Perpshort | 0.0000% | 8h | 172.75 | −0.029% | $7 | $174K | 10x |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRNA-USDT | 0.0000% | 8h | 172.60 | −0.116% | $13K | $429K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.99 | +0.110% | $1.6M | $626K | 20x | as long as short |
| Lighter MRNA | +0.0032% | 1h | 172.77 | −0.017% | $124K | $1.0M | 10x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.206% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.59 | −0.122% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.69 | −0.066% | $47K | $16K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.69 | −0.064% | $2.6M | $4.1M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.66 | −0.081% | $42K | $39K | 5x | as long as short |
| SoDEX MRNA-USD | +0.0165% | 1h | 172.82 | +0.012% | $62 | $55K | 10x | as long as short |
| Phoenix MRNA | +0.0185% | 1h | 172.67 | −0.075% | $5K | $192K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0593% | 4h | 172.76 | −0.021% | $3K | $241K | 10x | as long as short |
Bitget MRNAUSDT
GRVT MRNA_USDT_Perp
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Variational Omni MRNA
HTX MRNA-USDT
Phemex MRNAUSDT
Lighter MRNA
Injective MRNA/USDC PERP
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Phoenix MRNA
edgeX MRNAUSDC