Funding you earn now, next payment 12:00 UTC−0.0305%/8h= −33.4% APRpaid last 24h −0.040%
Price spread now: GRVT against edgeX−0.120%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$740.741% of the position
Funding, last 7 days+0.404%+$40 on $10k
+Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.120%, 7d avg +0.013%
=Together, before fees+0.542%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board+$54 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and GRVT is 0.133% cheaper against edgeX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.013%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.404%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MRNAUSDC | 171.15 | 0.0305 | pay 0.0152% / 4h | 2h 18m | $3K | $255K | 10x |
| Short | GRVT MRNA_USDT_Perp | 170.95 | 0 | get 0.0000% / 8h | 6h 18m | $178 | $129K | 10x |
edgeX MRNAUSDC
GRVT MRNA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$64.02
- Price spread: −0.120% → +0.013%
- −$13.28
- Slippage, 4 orders
- −$56.1
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$151.4
- Costs to cover
- 0.741%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 32 min ago; GRVT: live order book, 31 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, 32 min ago | 3.54 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 31 min ago | 3.24 bp | 20.8 bp −$21 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRNA-USDT | −0.0017% | 8h | 171.08 | −0.042% | $45K | $30K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 171.06 | −0.053% | $26K | $81K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 171.05 | −0.062% | $2.1M | $11.7M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 171.07 | −0.048% | $923K | $613K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 170.98 | −0.100% | $1.2M | $5.5M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 170.97 | −0.106% | $1.1M | $2.4M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 171.01 | −0.083% | $868K | $981K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 170.93 | −0.129% | $2.7M | $11.1M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 171.17 | +0.011% | $59K | $94K | — | as long as short |
| GRVT MRNA_USDT_Perpshort | 0.0000% | 8h | 170.95 | −0.120% | $178 | $129K | 10x |
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
Gate MRNA_USDT
Bitget MRNAUSDT
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 | 171.05 | −0.057% | $13K | $433K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 171.10 | −0.030% | $1.5M | $671K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −7.322% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 170.86 | −0.170% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 170.97 | −0.103% | $31K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 170.99 | −0.094% | $2.6M | $4.6M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 170.84 | −0.182% | $42K | $39K | 5x | as long as short |
| Lighter MRNA | +0.0176% | 1h | 171.26 | +0.064% | $239K | $1.5M | 10x | as long as short |
| Phoenix MRNA | +0.0188% | 1h | 171.19 | +0.023% | $5K | $205K | 10x | as long as short |
| edgeX MRNAUSDClong | +0.0305% | 4h | 171.15 | long leg | $3K | $255K | 10x | |
| SoDEX MRNA-USD | +0.0364% | 1h | 171.06 | −0.053% | $40K | $55K | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Lighter MRNA
Phoenix MRNA
SoDEX MRNA-USD