Funding you earn now, next payment 09:00 UTC−0.0280%/8h= −30.7% APRpaid last 24h −0.079%
Price spread now: HTX against Lighter−0.165%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$302as in the Funding arb table
Net, price: spread back to 7d avg − costs−$284as in the Price arb table
costs, in and out, $10k−$2692.692% of the position
Funding, last 7 days−0.327%−$33 on $10k
+Price spread, last 4 days (all we have)+0.145%+$15 · spread now −0.165%, 7d avg −0.018%
=Together, before fees−0.182%+ Points / potential airdropLighter: Season 3 · farm board−$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and HTX is 0.147% cheaper against Lighter than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MRNA | 170.47 | 0.0280 | pay 0.0035% / 1h | 20m 58s | $234K | $1.4M | 10x |
| Short | HTX MRNA-USDT | 170.19 | 0 | get 0.0000% / 8h | 7h 20m | $13K | $432K | 20x |
Lighter MRNA
HTX MRNA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$58.8
- Price spread: −0.165% → −0.018%
- −$14.7
- Slippage, 4 orders
- −$257.17
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$342.67
- Costs to cover
- 2.692%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; HTX: live order book, 12 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, 5 min ago | 1.77 bp | 6.3 bp −$6 | 30.3 bp −$303 | 156.2 bp −$15.6K | doesn't fit |
| Sell HTX live order book, 12 min ago | 45.75 bp | 77.7 bp −$78 | doesn't fit | 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 | −0.0956% | 4h | 170.07 | −0.234% | $3K | $252K | 10x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 169.99 | −0.282% | $1.1M | $2.5M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 170.23 | −0.141% | $26K | $82K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 170.22 | −0.149% | $2.1M | $11.5M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 170.45 | −0.012% | $915K | $617K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 170.28 | −0.111% | $1.2M | $5.4M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 170.20 | −0.158% | $877K | $990K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 170.11 | −0.211% | $2.5M | $10.8M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 169.16 | −0.767% | $54K | $92K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 170.04 | −0.252% | $5 | $131K | 10x | as long as short |
edgeX MRNAUSDC
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-USDTshort | 0.0000% | 8h | 170.19 | −0.165% | $13K | $432K | 20x | |
| Phemex MRNAUSDT | 0.0000% | 8h | 170.21 | −0.153% | $1.5M | $657K | 20x | as long as short |
| BloFin MRNA-USDT | +0.0026% | 8h | 170.08 | −0.229% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −6.951% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 170.14 | −0.194% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 170.11 | −0.209% | $31K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 170.15 | −0.188% | $2.6M | $4.4M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 170.20 | −0.158% | $43K | $38K | 5x | as long as short |
| SoDEX MRNA-USD | +0.0163% | 1h | 170.17 | −0.176% | $39K | $55K | 10x | as long as short |
| Phoenix MRNA | +0.0278% | 1h | 170.22 | −0.147% | $5K | $191K | 10x | as long as short |
| Lighter MRNAlong | +0.0280% | 1h | 170.47 | long leg | $234K | $1.4M | 10x |
Phemex MRNAUSDT
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
SoDEX MRNA-USD
Phoenix MRNA