Funding you earn now, next payment 03:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.010%
Price spread now: OKX against Injective+9.097%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
The price spread pays, funding is against you. OKX is 9.097% dearer against Injective than usual: you sell high and buy low (spread +9.097% now, against zero (this spread has no 7-day history yet)): +$910 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about years.
| 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 | 55m 09s | $18K | $8K | 12x |
| Short | OKX MRNA-USDT-SWAP | 173.05 | 0 | get 0.0000% / 8h | 5h 55m | $1.3M | $5.3M | 20x |
Injective MRNA/USDC PERP
OKX MRNA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$7
- Price spread: +9.097% → 0.000%
- $909.72
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $892.7
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; OKX: live order book, 3 min ago. 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 OKX live order book, 3 min ago | 4.62 bp | 20.0 bp −$20 | 74.4 bp −$744 | doesn't fit | doesn't fit |
Injective: 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 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRNAUSDT | 0.0000% | 8h | 173.03 | +9.085% | $28K | $81K | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.15 | +9.160% | $941K | $665K | 25x | as long as short |
| OKX MRNA-USDT-SWAPshort | 0.0000% | 8h | 173.05 | +9.097% | $1.3M | $5.3M | 20x | |
| QFEX MRNA-USD | 0.0000% | 1h | 173.12 | +9.141% | $1.1M | $2.7M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 173.13 | +9.148% | $863K | $1.0M | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.06 | +9.104% | $2.7M | $10.6M | 20x | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.12 | +9.141% | $312 | $150K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 173.24 | +9.216% | $12K | $428K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 173.18 | +9.179% | $1.6M | $648K | 20x | as long as short |
| Variational Omni MRNA | +0.0027% | 8h | 173.27 | +9.237% | $49K | $89K | — | as long as short |
Aster MRNAUSDT
Bybit MRNAUSDT
QFEX MRNA-USD
Gate MRNA_USDT
Bitget MRNAUSDT
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDT
Variational Omni MRNAShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective MRNA/USDC PERPlong | +0.0033% | 1h | 158.62 | long leg | $18K | $8K | 12x | |
| Arcus MRNA-USD | +0.0040% | 1h | 173.01 | +9.072% | $2K | $64K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 173.10 | +9.129% | $2.6M | $4.4M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.11 | +9.135% | $43K | $36K | 5x | as long as short |
| Extended MRNA-USD | +0.0056% | 1h | 173.05 | +9.097% | $32K | $32K | 10x | as long as short |
| Binance MRNAUSDT | +0.0069% | 8h | 173.17 | +9.173% | $2.1M | $11.4M | 20x | as long as short |
| Phoenix MRNA | +0.0279% | 1h | 173.20 | +9.192% | $5K | $189K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0376% | 1h | 173.10 | +9.129% | $40K | $56K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0480% | 4h | 173.15 | +9.162% | $3K | $244K | 10x | as long as short |
| Lighter MRNA | +0.1016% | 1h | 173.15 | +9.160% | $104K | $1.1M | 10x | as long as short |
Arcus MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Extended MRNA-USD
Binance MRNAUSDT
Phoenix MRNA
SoDEX MRNA-USD
edgeX MRNAUSDC
Lighter MRNA