MRNA

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0238%/8h= +26.0% APRnext payment +$0.30 per $10,000 · paid last 24h −0.009%

Price spread now: SoDEX against Lighter−0.058%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 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 · farm boardneeds both histories

Funding pays, the price is against you. SoDEX is 0.058% cheaper against Lighter than usual: you would sell low and buy high (spread −0.058% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 19 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter MRNA	173.73	0.0032	pay 0.0004% / 1h	17m 28s	$157K	$1.2M	10x
Short	SoDEX MRNA-USD	173.63	0.0270	get 0.0034% / 1h	17m 28s	$40K	$56K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee SoDEXbpOrdersPrice spread, now −0.058%Rate

Funding earned: $49.89
Price spread: −0.058% → 0.000%: −$5.76
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $36.13
Costs to cover: 0.080%
Break-even: 1.9 days

Slippage unknown: Lighter: live order book, 8 min ago; SoDEX: 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, 8 min ago	2.88 bp	4.9 bp −$5	29.4 bp −$294	161.0 bp −$16.1K	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Aster MRNAUSDT	0.0000%	8h	173.53	−0.115%	$27K	$83K	20x	as long as short
Binance MRNAUSDT	0.0000%	8h	173.67	−0.035%	$2.1M	$11.3M	20x	as long as short
Bybit MRNAUSDT	0.0000%	8h	173.79	+0.035%	$944K	$608K	25x	as long as short
OKX MRNA-USDT-SWAP	0.0000%	8h	173.70	−0.017%	$1.3M	$5.4M	20x	as long as short
QFEX MRNA-USD	0.0000%	1h	173.62	−0.063%	$1.1M	$2.5M	10x	as long as short
Gate MRNA_USDT	0.0000%	8h	173.76	+0.017%	$868K	$997K	20x	as long as short
Bitget MRNAUSDT	0.0000%	8h	173.56	−0.098%	$2.6M	$10.5M	20x	as long as short
Variational Omni MRNA	0.0000%	8h	173.45	−0.161%	$57K	$96K	—	as long as short
GRVT MRNA_USDT_Perp	0.0000%	8h	173.42	−0.181%	$512	$146K	10x	as long as short
HTX MRNA-USDT	0.0000%	8h	173.43	−0.172%	$14K	$431K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex MRNAUSDT	0.0000%	8h	173.71	−0.012%	$1.6M	$647K	20x	as long as short
BloFin MRNA-USDT	+0.0018%	8h	173.61	−0.069%	$45K	$30K	20x	as long as short
Lighter MRNAlong	+0.0032%	1h	173.73	long leg	$157K	$1.2M	10x
Injective MRNA/USDC PERP	+0.0033%	1h	158.62	−8.697%	$18K	$8K	12x	as long as short
Arcus MRNA-USD	+0.0040%	1h	173.11	−0.357%	$2K	$65K	10x	as long as short
Extended MRNA-USD	+0.0048%	1h	173.63	−0.055%	$32K	$32K	10x	as long as short
tradeXYZ xyz:MRNA	+0.0050%	1h	173.64	−0.052%	$2.6M	$4.6M	10x	as long as short
Ondo Perps MRNA-USD.P	+0.0050%	1h	173.69	−0.023%	$43K	$35K	5x	as long as short
Phoenix MRNA	+0.0232%	1h	173.53	−0.115%	$5K	$191K	10x	as long as short
SoDEX MRNA-USDshort	+0.0270%	1h	173.63	−0.058%	$40K	$56K	10x
edgeX MRNAUSDC	+0.0606%	4h	173.50	−0.132%	$3K	$250K	10x	as long as short