Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.091%
Price spread now: Lighter against HTX+0.205%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$216as in the Price arb table
costs, in and out, $10k−$2352.348% of the position
Funding, last 7 days+0.327%+$33 on $10k
+Price spread, last 4 days (all we have)−0.223%−$22 · spread now +0.205%, 7d avg +0.018%
=Together, before fees+0.104%+ Points / potential airdropLighter: Season 3 · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.186% dearer against HTX than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX MRNA-USDT | 172.52 | 0 | get 0.0000% / 8h | 20m 03s | $14K | $430K | 20x |
| Short | Lighter MRNA | 172.87 | 0.0032 | get 0.0004% / 1h | 20m 03s | $155K | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against HTX. 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
- $6.72
- Price spread: +0.205% → +0.018%
- $18.65
- Slippage, 4 orders
- −$222.77
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$209.41
- Costs to cover
- 2.348%
- Break-even
- 225.1 days
Slippage from HTX: live order book, 18 min ago; Lighter: live order book, 11 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 HTX live order book, 18 min ago | 26.32 bp | 178.6 bp −$179 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 11 min ago | 2.89 bp | 3.6 bp −$4 | 37.5 bp −$375 | 187.1 bp −$18.7K | 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 | −0.0986% | 4h | 172.68 | +0.093% | $3K | $250K | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.52 | +0.001% | $26K | $82K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.63 | +0.065% | $2.1M | $11.2M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.55 | +0.019% | $937K | $600K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.69 | +0.100% | $1.3M | $5.4M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.67 | +0.089% | $881K | $984K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.63 | +0.066% | $2.6M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 172.61 | +0.057% | $57K | $92K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.74 | +0.129% | $373 | $141K | 10x | as long as short |
| HTX MRNA-USDTlong | 0.0000% | 8h | 172.52 | long leg | $14K | $430K | 20x |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex MRNAUSDT | 0.0000% | 8h | 172.66 | +0.083% | $1.6M | $636K | 20x | as long as short |
| QFEX MRNA-USD | +0.0001% | 1h | 172.49 | −0.016% | $1.1M | $2.5M | 10x | as long as short |
| BloFin MRNA-USDT | +0.0007% | 8h | 172.66 | +0.083% | $45K | $29K | 20x | as long as short |
| Lighter MRNAshort | +0.0032% | 1h | 172.87 | +0.205% | $155K | $1.2M | 10x | |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.055% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.61 | +0.054% | $2K | $65K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.60 | +0.048% | $43K | $35K | 5x | as long as short |
| Extended MRNA-USD | +0.0088% | 1h | 172.51 | −0.003% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0088% | 1h | 172.53 | +0.008% | $2.5M | $4.3M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0103% | 1h | 172.60 | +0.048% | $40K | $55K | 10x | as long as short |
| Phoenix MRNA | +0.0230% | 1h | 172.56 | +0.025% | $5K | $191K | 10x | as long as short |
HTX MRNA-USDT
Lighter MRNA
edgeX MRNAUSDC
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
GRVT MRNA_USDT_Perp
Phemex MRNAUSDT
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Phoenix MRNA