Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit0.000%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1791.791% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now 0.000%, 7d avg −0.011%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MRNAUSDT | 169.15 | 0 | get 0.0000% / 8h | 7h 27m | $909K | $616K | 25x |
| Short | OKX MRNA-USDT-SWAP | 169.15 | 0 | get 0.0000% / 8h | 7h 27m | $1.2M | $5.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: 0.000% → −0.011%
- $1.13
- Slippage, 4 orders
- −$158.13
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$178
- Costs to cover
- 1.791%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 32 min ago; OKX: 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 Bybit live order book, 32 min ago | 4.93 bp | 40.0 bp −$40 | 749.4 bp −$7,494 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.37 bp | 21.7 bp −$22 | 106.0 bp −$1,060 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX MRNA-USD | 0.0000% | 1h | 169.01 | −0.083% | $1.1M | $2.5M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 169.18 | +0.017% | $26K | $82K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 169.29 | +0.083% | $2.1M | $11.5M | 20x | as long as short |
| Bybit MRNAUSDTlong | 0.0000% | 8h | 169.15 | long leg | $909K | $616K | 25x | |
| OKX MRNA-USDT-SWAPshort | 0.0000% | 8h | 169.15 | 0.000% | $1.2M | $5.4M | 20x | |
| Gate MRNA_USDT | 0.0000% | 8h | 169.23 | +0.047% | $867K | $984K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 169.11 | −0.024% | $2.5M | $10.8M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 169.33 | +0.105% | $54K | $92K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 169.29 | +0.083% | $3 | $133K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 169.32 | +0.103% | $13K | $432K | 20x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex MRNAUSDT | 0.0000% | 8h | 169.26 | +0.065% | $1.5M | $655K | 20x | as long as short |
| BloFin MRNA-USDT | +0.0012% | 8h | 168.96 | −0.112% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −6.225% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 168.96 | −0.112% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 169.03 | −0.071% | $31K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 169.08 | −0.041% | $2.5M | $4.4M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 169.10 | −0.030% | $39K | $55K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 168.74 | −0.242% | $42K | $36K | 5x | as long as short |
| Lighter MRNA | +0.0200% | 1h | 169.35 | +0.118% | $97K | $1.2M | 10x | as long as short |
| Phoenix MRNA | +0.0278% | 1h | 169.31 | +0.095% | $5K | $191K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0725% | 4h | 169.23 | +0.049% | $3K | $253K | 10x | as long as short |
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Aster MRNAUSDT
Binance MRNAUSDT
Gate MRNA_USDT
Bitget MRNAUSDT
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
Lighter MRNA
Phoenix MRNA
edgeX MRNAUSDC