Funding you earn now, next payment 09:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.012%
Price spread now: Arcus against GRVT+0.262%54s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$1 a day on $10k at the current rate, and Arcus is 0.262% dearer against GRVT than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 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 | GRVT MRNA_USDT_Perp | 169.89 | 0 | get 0.0000% / 8h | 7h 00m | $566 | $131K | 10x |
| Short | Arcus MRNA-USD | 170.34 | 0.0040 | get 0.0005% / 1h | 0m 36s | $2K | $65K | 10x |
GRVT MRNA_USDT_Perp
Arcus MRNA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against GRVT. 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
- $8.46
- Price spread: +0.262% → 0.000%
- $26.22
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $21.18
- Costs to cover
- 0.135%
- Break-even
- from the start
Slippage unknown: GRVT: live order book, 27 min ago; Arcus: 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 GRVT live order book, 27 min ago | 1.48 bp | 28.1 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus no order-book sample | — | — | — | — | — |
Arcus: 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 | −0.0438% | 4h | 169.92 | +0.014% | $3K | $255K | 10x | as long as short |
| BloFin MRNA-USDT | −0.0007% | 8h | 170.21 | +0.186% | $45K | $29K | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 170.35 | +0.268% | $1.1M | $2.5M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 170.27 | +0.222% | $26K | $81K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 170.46 | +0.334% | $2.1M | $11.7M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 170.40 | +0.297% | $920K | $622K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 170.40 | +0.297% | $1.2M | $5.4M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 170.31 | +0.245% | $865K | $997K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 170.19 | +0.174% | $2.6M | $11.0M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 170.41 | +0.305% | $57K | $95K | — | as long as short |
edgeX MRNAUSDC
BloFin MRNA-USDT
QFEX MRNA-USD
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
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_Perplong | 0.0000% | 8h | 169.89 | long leg | $566 | $131K | 10x | |
| HTX MRNA-USDT | 0.0000% | 8h | 170.28 | +0.227% | $13K | $432K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 170.45 | +0.327% | $1.5M | $674K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −6.636% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USDshort | +0.0040% | 1h | 170.34 | +0.262% | $2K | $65K | 10x | |
| Extended MRNA-USD | +0.0048% | 1h | 170.29 | +0.235% | $31K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 170.31 | +0.245% | $2.6M | $4.5M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 169.99 | +0.056% | $43K | $38K | 5x | as long as short |
| SoDEX MRNA-USD | +0.0255% | 1h | 170.33 | +0.256% | $39K | $55K | 10x | as long as short |
| Phoenix MRNA | +0.0278% | 1h | 170.15 | +0.150% | $5K | $191K | 10x | as long as short |
| Lighter MRNA | +0.0376% | 1h | 170.60 | +0.415% | $238K | $1.5M | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
SoDEX MRNA-USD
Phoenix MRNA
Lighter MRNA