Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.043%
Price spread now: tradeXYZ against HTX+0.010%7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$2222.217% of the position
Funding, last 7 days+0.213%+$21 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.010%, 7d avg −0.064%
=Together, before fees+0.089%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.075% dearer against HTX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX MRNA-USDT | 173.74 | 0 | get 0.0000% / 8h | 4h 36m | $13K | $433K | 20x |
| Short | tradeXYZ xyz:MRNA | 173.76 | 0.0050 | get 0.0006% / 1h | 36m 13s | $2.6M | $4.4M | 10x |
HTX MRNA-USDT
tradeXYZ xyz:MRNAFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: +0.010% → −0.064%
- $7.46
- Slippage, 4 orders
- −$191.7
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$203.74
- Costs to cover
- 2.217%
- Break-even
- 142.8 days
Slippage from HTX: live order book, 22 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 HTX live order book, 22 min ago | 27.69 bp | 150.7 bp −$151 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 0.86 bp | 13.0 bp −$13 | 20.1 bp −$201 | 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 | −0.0337% | 4h | 173.89 | +0.084% | $3K | $245K | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 173.80 | +0.036% | $28K | $82K | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.91 | +0.097% | $947K | $615K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.65 | −0.053% | $1.3M | $5.2M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 173.62 | −0.070% | $1.1M | $2.7M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 173.82 | +0.045% | $869K | $998K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.74 | −0.001% | $2.8M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 173.91 | +0.098% | $49K | $89K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.88 | +0.080% | $490 | $146K | 10x | as long as short |
| HTX MRNA-USDTlong | 0.0000% | 8h | 173.74 | long leg | $13K | $433K | 20x |
edgeX MRNAUSDC
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
GRVT MRNA_USDT_PerpShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex MRNAUSDT | 0.0000% | 8h | 173.84 | +0.056% | $1.6M | $640K | 20x | as long as short |
| BloFin MRNA-USDT | +0.0015% | 8h | 173.87 | +0.074% | $45K | $29K | 20x | as long as short |
| Binance MRNAUSDT | +0.0024% | 8h | 173.81 | +0.039% | $2.2M | $11.2M | 20x | as long as short |
| Lighter MRNA | +0.0032% | 1h | 173.91 | +0.097% | $158K | $1.1M | 10x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.704% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 173.72 | −0.013% | $2K | $63K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 173.74 | +0.002% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNAshort | +0.0050% | 1h | 173.76 | +0.010% | $2.6M | $4.4M | 10x | |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.76 | +0.010% | $43K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0230% | 1h | 173.84 | +0.056% | $5K | $191K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0332% | 1h | 173.77 | +0.016% | $40K | $56K | 10x | as long as short |
Phemex MRNAUSDT
BloFin MRNA-USDT
Binance MRNAUSDT
Lighter MRNA
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
Ondo Perps MRNA-USD.P
Phoenix MRNA
SoDEX MRNA-USD