Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX0.000%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1591.587% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now 0.000%, 7d avg +0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MRNA-USDT-SWAP | 173.25 | 0 | get 0.0000% / 8h | 5h 59m | $1.3M | $5.3M | 20x |
| Short | Bybit MRNAUSDT | 173.25 | 0 | get 0.0000% / 8h | 5h 59m | $941K | $666K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against OKX. 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
- $0
- Price spread: 0.000% → +0.005%
- −$0.55
- Slippage, 4 orders
- −$137.74
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$159.29
- Costs to cover
- 1.587%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Bybit: live order book, 31 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 OKX live order book, 3 min ago | 2.60 bp | 22.1 bp −$22 | 137.4 bp −$1,374 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 31 min ago | 4.65 bp | 73.0 bp −$73 | 1280.4 bp −$12.8K | doesn't fit | doesn't fit |
MRNA on 20 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 | −0.0191% | 4h | 172.91 | −0.199% | $3K | $247K | 10x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.81 | −0.254% | $1.1M | $2.7M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 173.06 | −0.111% | $28K | $81K | 20x | as long as short |
| Bybit MRNAUSDTshort | 0.0000% | 8h | 173.25 | 0.000% | $941K | $666K | 25x | |
| OKX MRNA-USDT-SWAPlong | 0.0000% | 8h | 173.25 | long leg | $1.3M | $5.3M | 20x | |
| Gate MRNA_USDT | 0.0000% | 8h | 173.01 | −0.139% | $862K | $1.0M | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.03 | −0.127% | $2.7M | $10.6M | 20x | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.84 | −0.238% | $325 | $150K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 173.15 | −0.061% | $12K | $428K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 173.20 | −0.029% | $1.6M | $648K | 20x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MRNA | +0.0033% | 8h | 172.92 | −0.188% | $49K | $89K | — | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.444% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.77 | −0.277% | $2K | $64K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.60 | −0.375% | $43K | $36K | 5x | as long as short |
| Binance MRNAUSDT | +0.0068% | 8h | 173.07 | −0.102% | $2.1M | $11.4M | 20x | as long as short |
| Extended MRNA-USD | +0.0184% | 1h | 173.06 | −0.111% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0269% | 1h | 173.07 | −0.104% | $2.6M | $4.4M | 10x | as long as short |
| Phoenix MRNA | +0.0279% | 1h | 172.84 | −0.237% | $5K | $189K | 10x | as long as short |
| Lighter MRNA | +0.0536% | 1h | 172.94 | −0.179% | $104K | $1.1M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0941% | 1h | 172.99 | −0.150% | $40K | $56K | 10x | as long as short |
OKX MRNA-USDT-SWAP
Bybit MRNAUSDT
edgeX MRNAUSDC
Aster MRNAUSDT
Gate MRNA_USDT
Bitget MRNAUSDT
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDT
Variational Omni MRNA
Injective MRNA/USDC PERP
Binance MRNAUSDT
Extended MRNA-USD
tradeXYZ xyz:MRNA
Phoenix MRNA
Lighter MRNA
SoDEX MRNA-USD