Funding you earn now, next payment 04:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h −0.046%
Price spread now: QFEX against edgeX−0.211%57s7-day average −0.229% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$400.397% of the position
Funding, last 4 days (all we have)+0.184%+$18 on $10k
+Price spread, last 4 days (all we have)−0.066%−$7 · spread now −0.211%, 7d avg −0.229%
=Together, before fees+0.118%+ Points / potential airdropedgeX: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.229%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 57 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 | 173.77 | −0.0023 | get 0.0011% / 4h | 18m 22s | $3K | $246K | 10x |
| Short | QFEX MRNA-USD | 173.40 | 0 | get 0.0000% / 1h | 18m 22s | $1.1M | $2.6M | 10x |
edgeX MRNAUSDC
QFEX MRNA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $4.8
- Price spread: −0.211% → −0.229%
- $1.82
- Slippage, 4 orders
- −$20.72
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$33.1
- Costs to cover
- 0.397%
- Break-even
- 55.3 days
Slippage from edgeX: live order book, 39 min ago; QFEX: live order book, 4 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, 39 min ago | 1.73 bp | 8.8 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.73 bp | 11.9 bp −$12 | 19.6 bp −$196 | 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 | −0.0023% | 4h | 173.77 | long leg | $3K | $246K | 10x | |
| Aster MRNAUSDT | 0.0000% | 8h | 173.72 | −0.028% | $28K | $82K | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.58 | −0.107% | $946K | $615K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.48 | −0.165% | $1.3M | $5.2M | 20x | as long as short |
| QFEX MRNA-USDshort | 0.0000% | 1h | 173.40 | −0.211% | $1.1M | $2.6M | 10x | |
| Gate MRNA_USDT | 0.0000% | 8h | 173.63 | −0.079% | $868K | $1.0M | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.57 | −0.113% | $2.8M | $10.6M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 173.82 | +0.029% | $49K | $89K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.77 | +0.001% | $422 | $146K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 173.62 | −0.083% | $13K | $432K | 20x | as long as short |
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
GRVT MRNA_USDT_Perp
HTX MRNA-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex MRNAUSDT | 0.0000% | 8h | 173.60 | −0.096% | $1.6M | $640K | 20x | as long as short |
| Binance MRNAUSDT | +0.0031% | 8h | 173.63 | −0.076% | $2.2M | $11.2M | 20x | as long as short |
| Lighter MRNA | +0.0032% | 1h | 173.77 | +0.002% | $157K | $1.1M | 10x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.717% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 173.58 | −0.107% | $2K | $63K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 173.52 | −0.139% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 173.53 | −0.136% | $2.7M | $4.4M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.59 | −0.102% | $43K | $35K | 5x | as long as short |
| BloFin MRNA-USDT | +0.0055% | 8h | 173.92 | +0.088% | $45K | $29K | 20x | as long as short |
| Phoenix MRNA | +0.0230% | 1h | 173.81 | +0.025% | $5K | $191K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0405% | 1h | 173.60 | −0.096% | $40K | $56K | 10x | as long as short |
Phemex MRNAUSDT
Binance MRNAUSDT
Lighter MRNA
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
BloFin MRNA-USDT
Phoenix MRNA
SoDEX MRNA-USD