Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.017%
Price spread now: QFEX against Gate−0.058%7-day average −0.220% · 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−$69as in the Price arb table
costs, in and out, $10k−$860.855% of the position
Funding, last 3 days (all we have)−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now −0.058%, 7d avg −0.220%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.162% dearer against Gate than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.220%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MRNA_USDT | 172.59 | 0 | get 0.0000% / 8h | 1h 25m | $879K | $1.1M | 20x |
| Short | QFEX MRNA-USD | 172.49 | 0.0000 | pay 0.0000% / 1h | 25m 15s | $1.1M | $2.7M | 10x |
Gate MRNA_USDT
QFEX MRNA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$0.03
- Price spread: −0.058% → −0.220%
- $16.16
- Slippage, 4 orders
- −$60.53
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$69.4
- Costs to cover
- 0.855%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; QFEX: 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 Gate live order book, 2 min ago | 12.75 bp | 20.3 bp −$20 | 581.3 bp −$5,813 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 2 min ago | 1.45 bp | 20.3 bp −$20 | 25.5 bp −$255 | 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 MRNAUSDC | −0.0885% | 4h | 172.72 | +0.077% | $3K | $242K | 10x | as long as short |
| QFEX MRNA-USDshort | 0.0000% | 1h | 172.49 | −0.058% | $1.1M | $2.7M | 10x | |
| Aster MRNAUSDT | 0.0000% | 8h | 172.74 | +0.086% | $29K | $81K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.66 | +0.041% | $2.2M | $11.3M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.62 | +0.017% | $933K | $1.0M | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.49 | −0.058% | $1.4M | $4.9M | 20x | as long as short |
| Gate MRNA_USDTlong | 0.0000% | 8h | 172.59 | long leg | $879K | $1.1M | 20x | |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.52 | −0.041% | $2.6M | $10.4M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 172.59 | +0.002% | $49K | $98K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.73 | +0.081% | $421 | $169K | 10x | as long as short |
edgeX MRNAUSDC
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
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 | 172.54 | −0.031% | $12K | $430K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.63 | +0.023% | $1.6M | $642K | 20x | as long as short |
| BloFin MRNA-USDT | +0.0025% | 8h | 172.63 | +0.023% | $44K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.094% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.45 | −0.081% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.54 | −0.029% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.48 | −0.064% | $2.6M | $4.2M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.73 | +0.081% | $43K | $39K | 5x | as long as short |
| Lighter MRNA | +0.0168% | 1h | 172.63 | +0.023% | $124K | $1.0M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0233% | 1h | 172.53 | −0.035% | $40K | $75K | 10x | as long as short |
| Phoenix MRNA | +0.0324% | 1h | 172.62 | +0.017% | $5K | $192K | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Lighter MRNA
SoDEX MRNA-USD
Phoenix MRNA