Funding you earn now, next payment 05:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.076%
Price spread now: Lighter against Bitget+0.081%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$400.397% of the position
Funding, last 7 days+0.265%+$26 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now +0.081%, 7d avg +0.028%
=Together, before fees+0.245%+ Points / potential airdropLighter: Season 3 · farm board+$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.052% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MRNAUSDT | 173.80 | 0 | get 0.0000% / 8h | 3h 51m | $2.8M | $10.6M | 20x |
| Short | Lighter MRNA | 173.94 | 0.0040 | get 0.0005% / 1h | 51m 05s | $158K | $1.1M | 10x |
Bitget MRNAUSDT
Lighter MRNAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $8.4
- Price spread: +0.081% → +0.028%
- $5.24
- Slippage, 4 orders
- −$27.65
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$26.01
- Costs to cover
- 0.397%
- Break-even
- 28.7 days
Slippage from Bitget: live order book, 2 min ago; Lighter: live order book, 5 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, 2 min ago | 2.88 bp | 13.5 bp −$13 | 27.3 bp −$273 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 2.88 bp | 4.2 bp −$4 | 24.5 bp −$245 | 184.3 bp −$18.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRNAUSDT | 0.0000% | 8h | 173.74 | −0.032% | $28K | $82K | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.75 | −0.029% | $947K | $615K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.68 | −0.069% | $1.3M | $5.2M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 173.65 | −0.086% | $1.1M | $2.6M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 173.81 | +0.006% | $869K | $996K | 20x | as long as short |
| Bitget MRNAUSDTlong | 0.0000% | 8h | 173.80 | long leg | $2.8M | $10.6M | 20x | |
| Variational Omni MRNA | 0.0000% | 8h | 173.87 | +0.040% | $49K | $89K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.83 | +0.018% | $17 | $147K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 173.76 | −0.024% | $14K | $431K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 173.84 | +0.023% | $1.6M | $642K | 20x | as long as short |
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
Gate MRNA_USDT
Variational Omni MRNA
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MRNAUSDT | +0.0023% | 8h | 173.86 | +0.035% | $2.2M | $11.3M | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.734% | $18K | $8K | 12x | as long as short |
| BloFin MRNA-USDT | +0.0034% | 8h | 173.81 | +0.006% | $45K | $29K | 20x | as long as short |
| Lighter MRNAshort | +0.0040% | 1h | 173.94 | +0.081% | $158K | $1.1M | 10x | |
| Arcus MRNA-USD | +0.0040% | 1h | 173.68 | −0.069% | $2K | $63K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 173.70 | −0.058% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 173.69 | −0.063% | $2.7M | $4.4M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.74 | −0.035% | $43K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0277% | 1h | 173.69 | −0.063% | $5K | $191K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0448% | 1h | 173.80 | 0.000% | $40K | $56K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0601% | 4h | 173.88 | +0.047% | $3K | $246K | 10x | as long as short |
Binance MRNAUSDT
Injective MRNA/USDC PERP
BloFin MRNA-USDT
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Phoenix MRNA
SoDEX MRNA-USD
edgeX MRNAUSDC