Funding you earn now, next payment 08:00 UTC+0.0346%/8h= +37.9% APRpaid last 24h −0.037%
Price spread now: Bybit against edgeX+0.040%51s7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as 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−$1221.215% of the position
Funding, last 7 days+0.363%+$36 on $10k
+Price spread, last 4 days (all we have)−0.155%−$16 · spread now +0.040%, 7d avg −0.006%
=Together, before fees+0.207%+ Points / potential airdropedgeX: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bybit is 0.047% dearer against edgeX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.006%. The two prices were read 51 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 | 172.73 | −0.0346 | get 0.0173% / 4h | 1h 30m | $3K | $250K | 10x |
| Short | Bybit MRNAUSDT | 172.80 | 0 | get 0.0000% / 8h | 1h 30m | $938K | $615K | 25x |
edgeX MRNAUSDC
Bybit MRNAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $72.71
- Price spread: +0.040% → −0.006%
- $4.68
- Slippage, 4 orders
- −$101.53
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$44.14
- Costs to cover
- 1.215%
- Break-even
- 11.2 days
Slippage from edgeX: live order book, 12 min ago; Bybit: live order book, 40 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, 12 min ago | 2.61 bp | 9.8 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 40 min ago | 6.95 bp | 22.5 bp −$23 | 710.9 bp −$7,109 | 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 MRNAUSDClong | −0.0346% | 4h | 172.73 | long leg | $3K | $250K | 10x | |
| Aster MRNAUSDT | 0.0000% | 8h | 172.90 | +0.100% | $26K | $83K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.86 | +0.075% | $2.1M | $11.4M | 20x | as long as short |
| Bybit MRNAUSDTshort | 0.0000% | 8h | 172.80 | +0.040% | $938K | $615K | 25x | |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.78 | +0.029% | $1.3M | $5.4M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.67 | −0.035% | $1.1M | $2.5M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.69 | −0.023% | $863K | $994K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.67 | −0.035% | $2.6M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 172.84 | +0.063% | $56K | $94K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.72 | −0.006% | $530 | $147K | 10x | as long as short |
Aster MRNAUSDT
Binance MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
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 | 172.62 | −0.066% | $14K | $431K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.81 | +0.046% | $1.6M | $650K | 20x | as long as short |
| Lighter MRNA | +0.0008% | 1h | 172.93 | +0.116% | $156K | $1.2M | 10x | as long as short |
| BloFin MRNA-USDT | +0.0026% | 8h | 172.83 | +0.058% | $45K | $30K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.169% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.55 | −0.104% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.69 | −0.026% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.81 | +0.046% | $2.5M | $4.6M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 172.79 | +0.035% | $40K | $56K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.47 | −0.151% | $43K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0232% | 1h | 172.63 | −0.058% | $5K | $191K | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
Lighter MRNA
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Ondo Perps MRNA-USD.P
Phoenix MRNA