Funding you earn now, next payment 04:00 UTC+0.0530%/8h= +58.0% APRpaid last 24h +0.029%
Price spread now: edgeX against Gate−0.013%52s7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1411.408% of the position
Funding, last 7 days−0.434%−$43 on $10k
+Price spread, last 4 days (all we have)+0.218%+$22 · spread now −0.013%, 7d avg +0.018%
=Together, before fees−0.216%+ Points / potential airdropedgeX: Active · farm board−$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.031% cheaper against Gate than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.018%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$16 a day). Mind the row above: over the last 7 days funding on this pair cost −0.434%, so the current rate has only just turned in your favour. The two prices were read 52 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 | Gate MRNA_USDT | 173.87 | 0 | get 0.0000% / 8h | 4h 40m | $869K | $998K | 20x |
| Short | edgeX MRNAUSDC | 173.85 | 0.0530 | get 0.0265% / 4h | 40m 41s | $3K | $245K | 10x |
Gate MRNA_USDT
edgeX MRNAUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- $111.26
- Price spread: −0.013% → +0.018%
- −$3.1
- Slippage, 4 orders
- −$116.82
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$32.66
- Costs to cover
- 1.408%
- Break-even
- 9.1 days
Slippage from Gate: live order book, 16 min ago; edgeX: live order book, 17 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 Gate live order book, 16 min ago | 10.94 bp | 19.2 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 17 min ago | 1.73 bp | 8.8 bp −$9 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRNAUSDT | 0.0000% | 8h | 173.87 | −0.002% | $28K | $82K | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.92 | +0.029% | $947K | $617K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.80 | −0.040% | $1.3M | $5.2M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 173.68 | −0.109% | $1.1M | $2.7M | 10x | as long as short |
| Gate MRNA_USDTlong | 0.0000% | 8h | 173.87 | long leg | $869K | $998K | 20x | |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.81 | −0.035% | $2.8M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 173.91 | +0.025% | $49K | $89K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.74 | −0.072% | $490 | $146K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 173.66 | −0.120% | $13K | $433K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 173.93 | +0.035% | $1.6M | $640K | 20x | as long as short |
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
Bitget MRNAUSDT
Variational Omni MRNA
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MRNAUSDT | +0.0020% | 8h | 173.98 | +0.063% | $2.2M | $11.2M | 20x | as long as short |
| Lighter MRNA | +0.0032% | 1h | 174.02 | +0.086% | $158K | $1.1M | 10x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.771% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 173.72 | −0.086% | $2K | $63K | 10x | as long as short |
| BloFin MRNA-USDT | +0.0041% | 8h | 173.89 | +0.012% | $45K | $29K | 20x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 173.72 | −0.089% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 173.73 | −0.081% | $2.6M | $4.4M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.50 | −0.213% | $43K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0230% | 1h | 173.94 | +0.040% | $5K | $191K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0272% | 1h | 173.86 | −0.006% | $40K | $56K | 10x | as long as short |
| edgeX MRNAUSDCshort | +0.0530% | 4h | 173.85 | −0.013% | $3K | $245K | 10x |
Binance MRNAUSDT
Lighter MRNA
Injective MRNA/USDC PERP
Arcus MRNA-USD
BloFin MRNA-USDT
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Phoenix MRNA
SoDEX MRNA-USD