Funding you earn now, next payment 12:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h −0.040%
Price spread now: Bitget against edgeX−0.074%54s7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as 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−$610.612% of the position
Funding, last 7 days+0.404%+$40 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.074%, 7d avg +0.009%
=Together, before fees+0.371%+ Points / potential airdropedgeX: Active · farm board+$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.083% cheaper against edgeX than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of +0.009%). If the spread goes back, that is −$8 on $10k: about 20 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.404% in total) that is about 35 hours. The two prices were read 54 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 | 169.01 | −0.0014 | get 0.0007% / 4h | 10m 36s | $3K | $256K | 10x |
| Short | Bitget MRNAUSDT | 168.89 | 0 | get 0.0000% / 8h | 4h 10m | $2.6M | $10.9M | 20x |
edgeX MRNAUSDC
Bitget MRNAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $2.92
- Price spread: −0.074% → +0.009%
- −$8.31
- Slippage, 4 orders
- −$40.16
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$66.55
- Costs to cover
- 0.612%
- Break-even
- 166.4 days
Slippage from edgeX: live order book, 30 min ago; Bitget: 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, 30 min ago | 3.22 bp | 10.4 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 6.51 bp | 21.2 bp −$21 | 37.0 bp −$370 | doesn't fit | doesn't fit |
MRNA on 21 exchanges
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 MRNAUSDClong | −0.0014% | 4h | 169.01 | long leg | $3K | $256K | 10x | |
| BloFin MRNA-USDT | −0.0005% | 8h | 168.96 | −0.032% | $46K | $30K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 169.21 | +0.117% | $25K | $82K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 169.03 | +0.009% | $2.1M | $12.0M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 168.96 | −0.032% | $913K | $635K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 168.86 | −0.092% | $1.2M | $5.4M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 168.93 | −0.050% | $1.1M | $2.3M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 169.01 | −0.003% | $884K | $1.0M | 20x | as long as short |
| Bitget MRNAUSDTshort | 0.0000% | 8h | 168.89 | −0.074% | $2.6M | $10.9M | 20x | |
| Variational Omni MRNA | 0.0000% | 8h | 168.98 | −0.021% | $93K | $125K | — | as long as short |
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
Gate MRNA_USDT
Variational Omni MRNAShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRNA-USDT | 0.0000% | 8h | 168.81 | −0.122% | $13K | $434K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 169.04 | +0.015% | $1.5M | $696K | 20x | as long as short |
| Lighter MRNA | +0.0032% | 1h | 168.94 | −0.044% | $197K | $1.6M | 10x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −6.150% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 169.21 | +0.115% | $2K | $65K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 168.97 | −0.027% | $42K | $39K | 5x | as long as short |
| tradeXYZ xyz:MRNA | +0.0095% | 1h | 168.89 | −0.074% | $2.6M | $4.9M | 10x | as long as short |
| Extended MRNA-USD | +0.0096% | 1h | 168.89 | −0.076% | $31K | $32K | 10x | as long as short |
| GRVT MRNA_USDT_Perp | +0.0097% | 8h | 169.07 | +0.033% | $37 | $131K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0126% | 1h | 168.93 | −0.050% | $39K | $56K | 10x | as long as short |
| Phoenix MRNA | +0.0326% | 1h | 169.50 | +0.287% | $5K | $208K | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
Lighter MRNA
Injective MRNA/USDC PERP
Arcus MRNA-USD
Ondo Perps MRNA-USD.P
tradeXYZ xyz:MRNA
Extended MRNA-USD
GRVT MRNA_USDT_Perp
SoDEX MRNA-USD
Phoenix MRNA