Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.043%
Price spread now: GRVT against Bybit+0.117%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1641.640% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)+0.005%$0 · spread now +0.117%, 7d avg +0.046%
=Together, before fees+0.072%+ Points / potential airdropGRVT: Active · farm board+$7 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 0.071% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MRNAUSDT | 173.59 | 0 | get 0.0000% / 8h | 1h 05m | $943K | $608K | 25x |
| Short | GRVT MRNA_USDT_Perp | 173.79 | 0 | get 0.0000% / 8h | 1h 05m | $454 | $145K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bybit. 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: +0.117% → +0.046%
- $7.1
- Slippage, 4 orders
- −$144
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$156.89
- Costs to cover
- 1.640%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 65 min ago; GRVT: live order book, 32 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 Bybit live order book, 65 min ago | 6.95 bp | 79.6 bp −$80 | 737.8 bp −$7,378 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 32 min ago | 6.96 bp | 30.4 bp −$30 | 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 | −0.0425% | 4h | 173.82 | +0.135% | $3K | $249K | 10x | as long as short |
| BloFin MRNA-USDT | −0.0002% | 8h | 173.90 | +0.179% | $45K | $30K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 173.66 | +0.042% | $27K | $83K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 173.73 | +0.078% | $2.1M | $11.3M | 20x | as long as short |
| Bybit MRNAUSDTlong | 0.0000% | 8h | 173.59 | long leg | $943K | $608K | 25x | |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.79 | +0.115% | $1.3M | $5.5M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 173.60 | +0.006% | $1.1M | $2.5M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 173.75 | +0.092% | $867K | $997K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.68 | +0.052% | $2.7M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 173.82 | +0.135% | $58K | $96K | — | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MRNA_USDT_Perpshort | 0.0000% | 8h | 173.79 | +0.117% | $454 | $145K | 10x | |
| HTX MRNA-USDT | 0.0000% | 8h | 173.67 | +0.045% | $13K | $430K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 173.77 | +0.104% | $1.6M | $645K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.624% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 173.26 | −0.190% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 173.56 | −0.018% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 173.58 | −0.006% | $2.6M | $4.5M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.76 | +0.098% | $43K | $36K | 5x | as long as short |
| Phoenix MRNA | +0.0232% | 1h | 173.81 | +0.127% | $5K | $191K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0302% | 1h | 173.71 | +0.069% | $40K | $57K | 10x | as long as short |
| Lighter MRNA | +0.0440% | 1h | 174.01 | +0.242% | $157K | $1.2M | 10x | as long as short |
Bybit MRNAUSDT
GRVT MRNA_USDT_Perp
edgeX MRNAUSDC
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Extended MRNA-USD
tradeXYZ xyz:MRNA
Phoenix MRNA
SoDEX MRNA-USD
Lighter MRNA