Funding you earn now, next payment 07:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h −0.064%
Price spread now: Bitget against Lighter−0.098%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$400.404% of the position
Funding, last 7 days−0.253%−$25 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now −0.098%, 7d avg −0.027%
=Together, before fees−0.236%+ Points / potential airdropLighter: Season 3 · farm board−$24 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: Bitget is 0.071% cheaper against Lighter than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MRNA | 172.84 | −0.0008 | get 0.0001% / 1h | 32m 11s | $156K | $1.2M | 10x |
| Short | Bitget MRNAUSDT | 172.67 | 0 | get 0.0000% / 8h | 1h 32m | $2.6M | $10.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Lighter. 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
- $1.68
- Price spread: −0.098% → −0.027%
- −$7.1
- Slippage, 4 orders
- −$28.39
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$45.8
- Costs to cover
- 0.404%
- Break-even
- 197.8 days
Slippage from Lighter: live order book, 4 min ago; Bitget: live order book, 1 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 Lighter live order book, 4 min ago | 2.89 bp | 4.7 bp −$5 | 27.5 bp −$275 | 163.8 bp −$16.4K | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.63 bp | 15.2 bp −$15 | 52.8 bp −$528 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRNA-USDT | −0.0027% | 8h | 172.67 | −0.098% | $45K | $29K | 20x | as long as short |
| Lighter MRNAlong | −0.0008% | 1h | 172.84 | long leg | $156K | $1.2M | 10x | |
| Aster MRNAUSDT | 0.0000% | 8h | 172.72 | −0.069% | $26K | $83K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.75 | −0.054% | $2.1M | $11.4M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.68 | −0.093% | $938K | $616K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.59 | −0.145% | $1.3M | $5.4M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.61 | −0.133% | $1.1M | $2.5M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.59 | −0.145% | $862K | $994K | 20x | as long as short |
| Bitget MRNAUSDTshort | 0.0000% | 8h | 172.67 | −0.098% | $2.6M | $10.5M | 20x | |
| Variational Omni MRNA | 0.0000% | 8h | 172.44 | −0.229% | $56K | $94K | — | 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_Perp | 0.0000% | 8h | 172.51 | −0.192% | $530 | $147K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 172.82 | −0.012% | $14K | $431K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.76 | −0.046% | $1.6M | $651K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.227% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.50 | −0.197% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.59 | −0.147% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.63 | −0.121% | $2.5M | $4.6M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 172.67 | −0.098% | $40K | $56K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.47 | −0.214% | $43K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0232% | 1h | 172.63 | −0.121% | $5K | $191K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0909% | 4h | 172.45 | −0.228% | $3K | $249K | 10x | as long as short |
Lighter MRNA
Bitget MRNAUSDT
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Variational Omni MRNA
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Phoenix MRNA
edgeX MRNAUSDC