Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.019%
Price spread now: tradeXYZ against Gate−0.203%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$860.862% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 7 days+0.109%+$11 · spread now −0.203%, 7d avg −0.052%
=Together, before fees+0.225%+ Points / potential airdroptradeXYZ: Active · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.151% cheaper against Gate than usual: you would sell low and buy high (spread −0.203% now, against its 7-day average of −0.052%). If the spread goes back, that is −$15 on $10k: about 10 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MRNA_USDT | 172.36 | 0 | get 0.0000% / 8h | 2h 26m | $861K | $999K | 20x |
| Short | tradeXYZ xyz:MRNA | 172.01 | 0.0050 | get 0.0006% / 1h | 26m 36s | $2.5M | $4.6M | 10x |
Gate MRNA_USDT
tradeXYZ xyz:MRNAFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.203% → −0.052%
- −$15.13
- Slippage, 4 orders
- −$53.2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$90.83
- Costs to cover
- 0.862%
- Break-even
- 67.6 days
Slippage from Gate: live order book, 20 min ago; tradeXYZ: 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, 20 min ago | 17.05 bp | 33.1 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 2.32 bp | 15.4 bp −$15 | 21.1 bp −$211 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter MRNA | −0.1224% | 1h | 172.40 | +0.023% | $156K | $1.2M | 10x | as long as short |
| edgeX MRNAUSDC | −0.0570% | 4h | 172.28 | −0.047% | $3K | $247K | 10x | as long as short |
| BloFin MRNA-USDT | −0.0004% | 8h | 172.16 | −0.116% | $45K | $29K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.09 | −0.159% | $26K | $83K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.21 | −0.087% | $2.1M | $11.4M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.13 | −0.133% | $935K | $620K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.13 | −0.133% | $1.3M | $5.3M | 20x | as long as short |
| Gate MRNA_USDTlong | 0.0000% | 8h | 172.36 | long leg | $861K | $999K | 20x | |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.20 | −0.093% | $2.6M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 172.49 | +0.074% | $55K | $96K | — | as long as short |
Lighter MRNA
edgeX MRNAUSDC
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Bitget MRNAUSDT
Variational Omni MRNAShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.33 | −0.019% | $546 | $147K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 172.19 | −0.097% | $14K | $431K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.29 | −0.041% | $1.6M | $653K | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.02 | −0.197% | $1.1M | $2.5M | 10x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −7.972% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.10 | −0.151% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.01 | −0.204% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNAshort | +0.0050% | 1h | 172.01 | −0.203% | $2.5M | $4.6M | 10x | |
| SoDEX MRNA-USD | +0.0050% | 1h | 172.16 | −0.116% | $40K | $56K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.20 | −0.093% | $42K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0185% | 1h | 172.25 | −0.064% | $5K | $191K | 10x | as long as short |
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDT
QFEX MRNA-USD
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
SoDEX MRNA-USD
Ondo Perps MRNA-USD.P
Phoenix MRNA