Funding you earn now, next payment 10:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.16 per $10,000 · paid last 24h −0.052%
Price spread now: Extended against Lighter−0.132%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Extended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Extended is 0.132% cheaper against Lighter than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MRNA | 171.26 | 0.0176 | pay 0.0022% / 1h | 17m 37s | $239K | $1.5M | 10x |
| Short | Extended MRNA-USD | 171.03 | 0.0048 | get 0.0006% / 1h | 17m 37s | $31K | $32K | 10x |
Lighter MRNA
Extended MRNA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$26.88
- Price spread: −0.132% → 0.000%
- −$13.21
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$45.09
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 2 min ago; Extended: 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 Lighter live order book, 2 min ago | 3.80 bp | 7.3 bp −$7 | 36.2 bp −$362 | 178.2 bp −$17.8K | doesn't fit |
| Sell Extended no order-book sample | — | — | — | — | — |
Extended: 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 exchanges
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 | −0.0017% | 8h | 171.08 | −0.105% | $45K | $30K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 171.06 | −0.117% | $26K | $81K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 171.10 | −0.093% | $2.1M | $11.7M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 171.07 | −0.111% | $923K | $613K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 170.98 | −0.163% | $1.2M | $5.5M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 171.10 | −0.093% | $1.1M | $2.4M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 171.06 | −0.117% | $868K | $981K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 171.03 | −0.134% | $2.7M | $11.1M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 171.17 | −0.053% | $59K | $94K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 171.06 | −0.115% | $811 | $130K | 10x | as long as short |
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
GRVT MRNA_USDT_PerpShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRNA-USDT | 0.0000% | 8h | 171.05 | −0.121% | $13K | $433K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 171.10 | −0.093% | $1.5M | $671K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −7.381% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 170.87 | −0.228% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USDshort | +0.0048% | 1h | 171.03 | −0.132% | $31K | $32K | 10x | |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 171.06 | −0.117% | $2.6M | $4.6M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 170.84 | −0.245% | $42K | $39K | 5x | as long as short |
| Lighter MRNAlong | +0.0176% | 1h | 171.26 | long leg | $239K | $1.5M | 10x | |
| Phoenix MRNA | +0.0188% | 1h | 171.19 | −0.041% | $5K | $205K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0364% | 1h | 171.06 | −0.117% | $40K | $55K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0762% | 4h | 171.04 | −0.126% | $3K | $256K | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Phoenix MRNA
SoDEX MRNA-USD
edgeX MRNAUSDC