Funding you earn now, next payment 12:00 UTC−0.0374%/8h= −41.0% APRpaid last 24h −0.040%
Price spread now: Binance against edgeX−0.105%60s7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as 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−$490.494% of the position
Funding, last 7 days+0.365%+$37 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.105%, 7d avg +0.033%
=Together, before fees+0.324%+ Points / potential airdropedgeX: Active · farm board+$32 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Binance is 0.138% cheaper against edgeX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.033%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.365%, so the current rate has only just turned against you. The two prices were read 60 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 | edgeX MRNAUSDC | 170.66 | 0.0374 | pay 0.0187% / 4h | 3h 38m | $3K | $251K | 10x |
| Short | Binance MRNAUSDT | 170.48 | 0 | get 0.0000% / 8h | 7h 38m | $2.1M | $11.3M | 20x |
edgeX MRNAUSDC
Binance MRNAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$78.59
- Price spread: −0.105% → +0.033%
- −$13.83
- Slippage, 4 orders
- −$30.4
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$141.82
- Costs to cover
- 0.494%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 59 min ago; Binance: live order book, 1 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 edgeX live order book, 59 min ago | 2.88 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 1.76 bp | 14.7 bp −$15 | 51.1 bp −$511 | 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 | −0.0027% | 8h | 170.53 | −0.076% | $45K | $29K | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 170.33 | −0.193% | $1.1M | $2.6M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 170.53 | −0.074% | $26K | $82K | 20x | as long as short |
| Binance MRNAUSDTshort | 0.0000% | 8h | 170.48 | −0.105% | $2.1M | $11.3M | 20x | |
| Bybit MRNAUSDT | 0.0000% | 8h | 170.38 | −0.164% | $916K | $608K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 170.39 | −0.158% | $1.2M | $5.4M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 170.52 | −0.082% | $873K | $979K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 170.41 | −0.146% | $2.6M | $10.6M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 170.75 | +0.051% | $54K | $92K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 171.08 | +0.246% | $2 | $133K | 10x | as long as short |
BloFin MRNA-USDT
QFEX MRNA-USD
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
GRVT MRNA_USDT_PerpShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRNA-USDT | 0.0000% | 8h | 170.31 | −0.205% | $14K | $431K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 170.58 | −0.046% | $1.5M | $646K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −7.055% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 170.38 | −0.164% | $2K | $64K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 170.40 | −0.150% | $31K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 170.42 | −0.140% | $2.5M | $4.4M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 170.47 | −0.111% | $39K | $55K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 170.07 | −0.345% | $43K | $36K | 5x | as long as short |
| Lighter MRNA | +0.0272% | 1h | 170.65 | −0.005% | $120K | $1.2M | 10x | as long as short |
| Phoenix MRNA | +0.0278% | 1h | 171.09 | +0.252% | $5K | $191K | 10x | as long as short |
| edgeX MRNAUSDClong | +0.0374% | 4h | 170.66 | long leg | $3K | $251K | 10x |
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Ondo Perps MRNA-USD.P
Lighter MRNA
Phoenix MRNA