Funding you earn now, next payment 07:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h +0.090%
Price spread now: Lighter against OKX+0.104%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$510.512% of the position
Funding, last 7 days+0.322%+$32 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now +0.104%, 7d avg +0.066%
=Together, before fees+0.364%+ Points / potential airdropLighter: Season 3 · farm board+$36 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.038% dearer against OKX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.066%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MRNA-USDT-SWAP | 172.78 | 0 | get 0.0000% / 8h | 1h 29m | $1.3M | $5.4M | 20x |
| Short | Lighter MRNA | 172.96 | 0.0008 | get 0.0001% / 1h | 29m 56s | $156K | $1.2M | 10x |
OKX MRNA-USDT-SWAP
Lighter MRNAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $1.68
- Price spread: +0.104% → +0.066%
- $3.79
- Slippage, 4 orders
- −$41.23
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$45.76
- Costs to cover
- 0.512%
- Break-even
- 197.7 days
Slippage from OKX: live order book, 3 min ago; Lighter: live order book, 6 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 | 1.74 bp | 25.7 bp −$26 | 172.2 bp −$1,722 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 2.89 bp | 4.2 bp −$4 | 46.8 bp −$468 | 205.3 bp −$20.5K | 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 | −0.0346% | 4h | 172.73 | −0.029% | $3K | $250K | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.91 | +0.075% | $26K | $83K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.91 | +0.074% | $2.1M | $11.4M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.92 | +0.081% | $939K | $615K | 25x | as long as short |
| OKX MRNA-USDT-SWAPlong | 0.0000% | 8h | 172.78 | long leg | $1.3M | $5.4M | 20x | |
| QFEX MRNA-USD | 0.0000% | 1h | 172.76 | −0.012% | $1.1M | $2.5M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.72 | −0.035% | $863K | $994K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.67 | −0.064% | $2.6M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 172.84 | +0.035% | $56K | $94K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.72 | −0.035% | $530 | $147K | 10x | as long as short |
edgeX MRNAUSDC
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
QFEX MRNA-USD
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 | 172.92 | +0.079% | $14K | $431K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.80 | +0.012% | $1.6M | $650K | 20x | as long as short |
| Lighter MRNAshort | +0.0008% | 1h | 172.96 | +0.104% | $156K | $1.2M | 10x | |
| BloFin MRNA-USDT | +0.0026% | 8h | 172.83 | +0.029% | $45K | $30K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.195% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.61 | −0.098% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.90 | +0.067% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.72 | −0.035% | $2.5M | $4.6M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 172.82 | +0.023% | $40K | $56K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.71 | −0.041% | $43K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0232% | 1h | 172.63 | −0.087% | $5K | $191K | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Ondo Perps MRNA-USD.P
Phoenix MRNA