Funding you earn now, next payment 01:00 UTC+0.1311%/8h= +143.5% APRpaid last 24h +0.024%
Price spread now: Lighter against edgeX0.000%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs+$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$500.500% of the position
Funding, last 7 days+0.620%+$62 on $10k
+Price spread, last 3 days (all we have)−0.028%−$3 · spread now 0.000%, 7d avg +0.056%
=Together, before fees+0.592%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board+$59 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.057% cheaper against edgeX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.056%). If the spread goes back, that is −$6 on $10k: about 3 hours of funding at the current rate (+$39 a day). At the pace of the last 7 days (+0.620% in total) that is about 15 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.620% in total (about 32.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MRNAUSDC | 173.67 | 0.0297 | pay 0.0149% / 4h | 3h 29m | $3K | $246K | 10x |
| Short | Lighter MRNA | 173.67 | 0.1608 | get 0.0201% / 1h | 29m 01s | $123K | $1.0M | 10x |
edgeX MRNAUSDC
Lighter MRNAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $275.21
- Price spread: 0.000% → +0.056%
- −$5.67
- Slippage, 4 orders
- −$40.99
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $219.55
- Costs to cover
- 0.500%
- Break-even
- 1.4 days
Slippage from edgeX: live order book, 43 min ago; Lighter: live order book, 2 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, 43 min ago | 5.20 bp | 12.3 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 4.03 bp | 8.8 bp −$9 | 32.8 bp −$328 | 170.9 bp −$17.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRNAUSDT | 0.0000% | 8h | 173.35 | −0.183% | $29K | $81K | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.45 | −0.127% | $941K | $1.0M | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.46 | −0.121% | $1.3M | $5.2M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 173.42 | −0.144% | $1.1M | $2.7M | 10x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.45 | −0.127% | $2.6M | $10.5M | 20x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 173.68 | +0.005% | $12K | $429K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 173.56 | −0.064% | $1.6M | $647K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.666% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 173.66 | −0.006% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 173.49 | −0.104% | $32K | $32K | 10x | as long as short |
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
Bitget MRNAUSDT
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 173.59 | −0.046% | $2.7M | $4.3M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.55 | −0.069% | $43K | $39K | 5x | as long as short |
| Gate MRNA_USDT | +0.0054% | 8h | 173.50 | −0.098% | $871K | $1.1M | 20x | as long as short |
| Variational Omni MRNA | +0.0099% | 8h | 173.60 | −0.039% | $49K | $89K | — | as long as short |
| Binance MRNAUSDT | +0.0162% | 8h | 173.45 | −0.127% | $2.2M | $11.4M | 20x | as long as short |
| BloFin MRNA-USDT | +0.0166% | 8h | 173.85 | +0.103% | $44K | $29K | 20x | as long as short |
| Phoenix MRNA | +0.0231% | 1h | 173.58 | −0.052% | $5K | $193K | 10x | as long as short |
| edgeX MRNAUSDClong | +0.0297% | 4h | 173.67 | long leg | $3K | $246K | 10x | |
| SoDEX MRNA-USD | +0.1372% | 1h | 173.49 | −0.104% | $40K | $66K | 10x | as long as short |
| Lighter MRNAshort | +0.1608% | 1h | 173.67 | 0.000% | $123K | $1.0M | 10x | |
| GRVT MRNA_USDT_Perp | +0.2540% | 8h | 173.72 | +0.028% | $288 | $159K | 10x | as long as short |
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Gate MRNA_USDT
Variational Omni MRNA
Binance MRNAUSDT
BloFin MRNA-USDT
Phoenix MRNA
SoDEX MRNA-USD
GRVT MRNA_USDT_Perp