Funding you earn now, next payment 07:00 UTC+0.0011%/8h= +1.3% APRnext payment +$0.01 per $10,000 · paid last 24h +0.048%
Price spread now: SoDEX against Extended+0.042%58s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and SoDEX is 0.042% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 58 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 | Extended MRNA-USD | 172.79 | 0.0048 | pay 0.0006% / 1h | 28m 30s | $32K | $32K | 10x |
| Short | SoDEX MRNA-USD | 172.86 | 0.0059 | get 0.0007% / 1h | 28m 30s | $40K | $56K | 10x |
Extended MRNA-USD
SoDEX MRNA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Extended. 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
- $2.4
- Price spread: +0.042% → 0.000%
- $4.25
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$6.35
- Costs to cover
- 0.130%
- Break-even
- 25.5 days
Slippage unknown: Extended: no order-book sample; SoDEX: 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 Extended no order-book sample | — | — | — | — | — |
| Sell SoDEX no order-book sample | — | — | — | — | — |
Extended and SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MRNAUSDC | −0.0495% | 4h | 172.83 | +0.022% | $3K | $250K | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.95 | +0.094% | $26K | $83K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.95 | +0.092% | $2.1M | $11.4M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.82 | +0.019% | $939K | $615K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.91 | +0.071% | $1.3M | $5.4M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.83 | +0.025% | $1.1M | $2.5M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.75 | −0.021% | $863K | $994K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.67 | −0.067% | $2.6M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 172.84 | +0.031% | $56K | $94K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.78 | −0.006% | $530 | $147K | 10x | as long as short |
edgeX MRNAUSDC
Aster MRNAUSDT
Binance MRNAUSDT
Bybit 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 | 172.86 | +0.042% | $14K | $431K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.83 | +0.025% | $1.6M | $650K | 20x | as long as short |
| BloFin MRNA-USDT | +0.0017% | 8h | 172.90 | +0.066% | $45K | $30K | 20x | as long as short |
| Lighter MRNA | +0.0032% | 1h | 173.02 | +0.135% | $156K | $1.2M | 10x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.199% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.71 | −0.044% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USDlong | +0.0048% | 1h | 172.79 | long leg | $32K | $32K | 10x | |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.73 | −0.033% | $2.6M | $4.6M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.71 | −0.044% | $43K | $35K | 5x | as long as short |
| SoDEX MRNA-USDshort | +0.0059% | 1h | 172.86 | +0.042% | $40K | $56K | 10x | |
| Phoenix MRNA | +0.0232% | 1h | 172.86 | +0.042% | $5K | $191K | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
BloFin MRNA-USDT
Lighter MRNA
Injective MRNA/USDC PERP
Arcus MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Phoenix MRNA