Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.028%
Price spread now: Ondo Perps against GRVT−0.041%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropGRVT: Active · Ondo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Ondo Perps is 0.041% cheaper against GRVT than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.7 days of funding at the current rate (+$2 a day). The two prices were read 53 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 | 174.49 | 0 | get 0.0000% / 8h | 3h 23m | $661 | $149K | 10x |
| Short | Ondo Perps MRNA-USD.P | 174.42 | 0.0050 | get 0.0006% / 1h | 23m 55s | $43K | $35K | 5x |
GRVT MRNA_USDT_Perp
Ondo Perps MRNA-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $10.58
- Price spread: −0.041% → 0.000%
- −$4.11
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$7.53
- Costs to cover
- 0.140%
- Break-even
- 12.0 days
Slippage unknown: GRVT: live order book, 24 min ago; Ondo Perps: 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, 24 min ago | 3.15 bp | 16.5 bp −$17 | 42.2 bp −$422 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | −0.0809% | 4h | 174.50 | +0.002% | $3K | $246K | 10x | as long as short |
| BloFin MRNA-USDT | −0.0003% | 8h | 174.58 | +0.051% | $45K | $29K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 174.31 | −0.101% | $28K | $82K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 174.36 | −0.075% | $2.2M | $11.3M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 174.32 | −0.098% | $950K | $615K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 174.22 | −0.156% | $1.3M | $5.3M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 174.35 | −0.081% | $1.1M | $2.6M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 174.37 | −0.070% | $872K | $997K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 174.31 | −0.104% | $2.8M | $10.4M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 174.43 | −0.034% | $56K | $96K | — | as long as short |
edgeX MRNAUSDC
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
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 | 174.49 | long leg | $661 | $149K | 10x | |
| HTX MRNA-USDT | 0.0000% | 8h | 174.39 | −0.057% | $14K | $430K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 174.40 | −0.053% | $1.6M | $644K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −9.096% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 174.24 | −0.144% | $2K | $64K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 174.16 | −0.188% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 174.18 | −0.179% | $2.7M | $4.4M | 10x | as long as short |
| Ondo Perps MRNA-USD.Pshort | +0.0050% | 1h | 174.42 | −0.041% | $43K | $35K | 5x | |
| SoDEX MRNA-USD | +0.0258% | 1h | 174.31 | −0.104% | $40K | $56K | 10x | as long as short |
| Phoenix MRNA | +0.0277% | 1h | 174.47 | −0.012% | $5K | $191K | 10x | as long as short |
| Lighter MRNA | +0.0784% | 1h | 174.55 | +0.033% | $158K | $1.1M | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Phoenix MRNA
Lighter MRNA