Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against GRVT+0.046%7-day average −0.315% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$940.943% of the position
Funding, last 3 days (all we have)−0.024%−$2 on $10k
+Price spread, last 3 days (all we have)−0.232%−$23 · spread now +0.046%, 7d avg −0.315%
=Together, before fees−0.257%+ Points / potential airdropGRVT: Active · farm board−$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.361% dearer against GRVT than usual: you sell high and buy low, +$36 on $10k if it goes back to its 7-day average of −0.315%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT MRNA_USDT_Perp | 173.10 | 0 | get 0.0000% / 8h | 7h 53m | $440 | $163K | 10x |
| Short | QFEX MRNA-USD | 173.18 | 0 | get 0.0000% / 1h | 53m 38s | $1.1M | $2.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $0
- Price spread: +0.046% → −0.315%
- $36.09
- Slippage, 4 orders
- −$75.3
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$58.21
- Costs to cover
- 0.943%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 14 min ago; QFEX: live order book, 9 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 GRVT live order book, 14 min ago | 2.59 bp | 24.7 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 9 min ago | 2.31 bp | 19.4 bp −$19 | 29.7 bp −$297 | 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 | −0.0559% | 4h | 173.08 | −0.010% | $3K | $244K | 10x | as long as short |
| BloFin MRNA-USDT | −0.0012% | 8h | 173.13 | +0.017% | $44K | $29K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 173.08 | −0.012% | $29K | $81K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 173.23 | +0.075% | $2.2M | $11.4M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.43 | +0.191% | $941K | $1.0M | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.29 | +0.110% | $1.3M | $5.2M | 20x | as long as short |
| QFEX MRNA-USDshort | 0.0000% | 1h | 173.18 | +0.046% | $1.1M | $2.7M | 10x | |
| Gate MRNA_USDT | 0.0000% | 8h | 173.15 | +0.029% | $872K | $1.1M | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.07 | −0.017% | $2.6M | $10.4M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 173.14 | +0.024% | $49K | $89K | — | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MRNA_USDT_Perplong | 0.0000% | 8h | 173.10 | long leg | $440 | $163K | 10x | |
| HTX MRNA-USDT | 0.0000% | 8h | 173.28 | +0.102% | $12K | $429K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 173.28 | +0.104% | $1.6M | $648K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.365% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 173.04 | −0.035% | $2K | $65K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.22 | +0.069% | $43K | $38K | 5x | as long as short |
| Phoenix MRNA | +0.0232% | 1h | 173.26 | +0.092% | $5K | $193K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0477% | 1h | 173.17 | +0.040% | $40K | $66K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0584% | 1h | 173.19 | +0.052% | $2.6M | $4.2M | 10x | as long as short |
| Extended MRNA-USD | +0.0656% | 1h | 173.18 | +0.045% | $32K | $32K | 10x | as long as short |
| Lighter MRNA | +0.0744% | 1h | 173.22 | +0.069% | $123K | $1.0M | 10x | as long as short |
GRVT MRNA_USDT_Perp
edgeX MRNAUSDC
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Phoenix MRNA
SoDEX MRNA-USD
tradeXYZ xyz:MRNA
Extended MRNA-USD
Lighter MRNA