Funding you earn now, next payment 23:00 UTC−0.0419%/8h= −45.8% APRpaid last 24h −0.028%
Price spread now: Injective against edgeX−8.008%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Injective is 8.008% cheaper against edgeX than usual: you would sell low and buy high (−$801 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MRNAUSDC | 172.43 | 0.0452 | pay 0.0226% / 4h | 1h 18m | $3K | $243K | 10x |
| Short | Injective MRNA/USDC PERP | 158.62 | 0.0033 | get 0.0004% / 1h | 18m 21s | $18K | $8K | 12x |
edgeX MRNAUSDC
Injective MRNA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$87.93
- Price spread: −8.008% → 0.000%
- −$800.76
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$897.71
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 64 min ago; Injective: no order-book sample. Net counts fees only.
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, 64 min ago | 4.62 bp | 11.6 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0009% | 8h | 172.54 | +0.065% | $44K | $29K | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.22 | −0.120% | $1.1M | $2.7M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.21 | −0.124% | $29K | $81K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.27 | −0.091% | $2.2M | $11.4M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.29 | −0.080% | $931K | $1.0M | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.17 | −0.149% | $1.4M | $4.9M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.26 | −0.097% | $877K | $1.1M | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.25 | −0.103% | $2.6M | $10.4M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 172.43 | +0.001% | $49K | $89K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.49 | +0.036% | $504 | $168K | 10x | as long as short |
BloFin MRNA-USDT
QFEX MRNA-USD
Aster MRNAUSDT
Binance 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 | 172.37 | −0.034% | $12K | $430K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.33 | −0.056% | $1.6M | $643K | 20x | as long as short |
| Injective MRNA/USDC PERPshort | +0.0033% | 1h | 158.62 | −8.008% | $18K | $8K | 12x | |
| Arcus MRNA-USD | +0.0040% | 1h | 172.16 | −0.155% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.00 | −0.249% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.00 | −0.248% | $2.6M | $4.2M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.43 | +0.002% | $43K | $39K | 5x | as long as short |
| SoDEX MRNA-USD | +0.0072% | 1h | 172.23 | −0.114% | $40K | $66K | 10x | as long as short |
| Lighter MRNA | +0.0112% | 1h | 172.31 | −0.068% | $124K | $1.0M | 10x | as long as short |
| Phoenix MRNA | +0.0324% | 1h | 172.49 | +0.036% | $5K | $192K | 10x | as long as short |
| edgeX MRNAUSDClong | +0.0452% | 4h | 172.43 | long leg | $3K | $243K | 10x |
HTX MRNA-USDT
Phemex MRNAUSDT
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
SoDEX MRNA-USD
Lighter MRNA
Phoenix MRNA