Funding you earn now, next payment 09:00 UTC−0.0270%/8h= −29.5% APRnext payment −$0.34 per $10,000 · paid last 24h −0.064%
Price spread now: Ondo Perps against Lighter+0.405%7-day average — · you sell dearer than you buy
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 · Ondo Perps: Active · farm boardneeds both histories
The price spread pays, funding is against you. Ondo Perps is 0.405% dearer against Lighter than usual: you sell high and buy low (spread +0.405% now, against zero (this spread has no 7-day history yet)): +$40 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 5.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MRNA | 170.53 | 0.0320 | pay 0.0040% / 1h | 41m 02s | $120K | $1.2M | 10x |
| Short | Ondo Perps MRNA-USD.P | 171.22 | 0.0050 | get 0.0006% / 1h | 41m 02s | $43K | $36K | 5x |
Lighter MRNA
Ondo Perps MRNA-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- −$56.62
- Price spread: +0.405% → 0.000%
- $40.46
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$21.15
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 5 min ago; Ondo Perps: 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, 5 min ago | 2.92 bp | 9.3 bp −$9 | 33.9 bp −$339 | 171.2 bp −$17.1K | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MRNAUSDC | −0.0010% | 4h | 171.29 | +0.447% | $3K | $253K | 10x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 170.82 | +0.170% | $1.1M | $2.6M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 170.84 | +0.184% | $26K | $82K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 170.59 | +0.036% | $2.1M | $11.3M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 170.37 | −0.094% | $916K | $608K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 170.50 | −0.018% | $1.2M | $5.3M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 170.59 | +0.035% | $873K | $979K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 170.47 | −0.035% | $2.6M | $10.6M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 170.92 | +0.227% | $54K | $92K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 171.08 | +0.322% | $2 | $133K | 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-USDT | 0.0000% | 8h | 171.02 | +0.287% | $14K | $431K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 170.58 | +0.029% | $1.5M | $646K | 20x | as long as short |
| BloFin MRNA-USDT | +0.0019% | 8h | 170.94 | +0.240% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −6.984% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 170.75 | +0.129% | $2K | $64K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 170.69 | +0.096% | $31K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 170.41 | −0.070% | $2.5M | $4.4M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 170.51 | −0.012% | $39K | $55K | 10x | as long as short |
| Ondo Perps MRNA-USD.Pshort | +0.0050% | 1h | 171.22 | +0.405% | $43K | $36K | 5x | |
| Phoenix MRNA | +0.0278% | 1h | 171.09 | +0.328% | $5K | $191K | 10x | as long as short |
| Lighter MRNAlong | +0.0320% | 1h | 170.53 | long leg | $120K | $1.2M | 10x |
HTX MRNA-USDT
Phemex MRNAUSDT
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Phoenix MRNA