Funding you earn now, next payment 09:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Arcus against Injective+7.660%7-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
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 7.660% dearer against Injective than usual: you sell high and buy low, +$766 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective MRNA/USDC PERP | 158.62 | 0.0033 | pay 0.0004% / 1h | 47m 21s | $18K | $8K | 12x |
| Short | Arcus MRNA-USD | 170.77 | 0.0040 | get 0.0005% / 1h | 47m 21s | $2K | $64K | 10x |
Injective MRNA/USDC PERP
Arcus MRNA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Injective. 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
- $1.46
- Price spread: +7.660% → 0.000%
- $765.98
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $762.92
- Costs to cover
- 0.045%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample | — | — | — | — | — |
| Sell Arcus no order-book sample | — | — | — | — | — |
Injective and 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRNA-USDT | −0.0025% | 8h | 170.79 | +7.672% | $45K | $29K | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 170.78 | +7.666% | $1.1M | $2.6M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 170.77 | +7.661% | $26K | $82K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 170.86 | +7.717% | $2.1M | $11.3M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 170.85 | +7.710% | $920K | $602K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 170.99 | +7.799% | $1.2M | $5.4M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 170.84 | +7.704% | $874K | $979K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 170.79 | +7.672% | $2.6M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 170.98 | +7.790% | $57K | $90K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 170.72 | +7.630% | $70 | $141K | 10x | as long as short |
BloFin MRNA-USDT
QFEX MRNA-USD
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX MRNA-USDT | 0.0000% | 8h | 170.97 | +7.783% | $14K | $430K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 170.96 | +7.780% | $1.5M | $643K | 20x | as long as short |
| Injective MRNA/USDC PERPlong | +0.0033% | 1h | 158.62 | long leg | $18K | $8K | 12x | |
| Arcus MRNA-USDshort | +0.0040% | 1h | 170.77 | +7.660% | $2K | $64K | 10x | |
| Extended MRNA-USD | +0.0048% | 1h | 170.79 | +7.674% | $31K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 170.81 | +7.685% | $2.5M | $4.3M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 170.72 | +7.628% | $39K | $55K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 170.74 | +7.641% | $43K | $36K | 5x | as long as short |
| Phoenix MRNA | +0.0278% | 1h | 170.83 | +7.698% | $5K | $191K | 10x | as long as short |
| Lighter MRNA | +0.0280% | 1h | 170.95 | +7.773% | $120K | $1.2M | 10x | as long as short |
| edgeX MRNAUSDC | +0.0440% | 4h | 170.75 | +7.646% | $3K | $252K | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Ondo Perps MRNA-USD.P
Phoenix MRNA
Lighter MRNA
edgeX MRNAUSDC