Funding you earn now, next payment 08:00 UTC+0.0103%/8h= +11.2% APRpaid last 24h +0.022%
Price spread now: edgeX against Ondo Perps+0.028%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 airdropOndo Perps: Active · edgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.028% dearer against Ondo Perps than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps MRNA-USD.P | 172.57 | 0.0050 | pay 0.0006% / 1h | 11m 36s | $43K | $35K | 5x |
| Short | edgeX MRNAUSDC | 172.62 | 0.0153 | get 0.0077% / 4h | 11m 36s | $3K | $251K | 10x |
Ondo Perps MRNA-USD.P
edgeX MRNAUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Ondo Perps. 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
- $21.55
- Price spread: +0.028% → 0.000%
- $2.85
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $10.39
- Costs to cover
- 0.140%
- Break-even
- 3.6 days
Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 26 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 26 min ago | 2.88 bp | 9.7 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter MRNA | −0.0064% | 1h | 172.86 | +0.168% | $155K | $1.2M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.60 | +0.017% | $26K | $82K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.57 | −0.001% | $2.1M | $11.2M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.60 | +0.017% | $937K | $600K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.53 | −0.023% | $1.3M | $5.4M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.64 | +0.041% | $881K | $984K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.51 | −0.035% | $2.6M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 172.73 | +0.092% | $57K | $92K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.71 | +0.081% | $92 | $142K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 172.56 | −0.008% | $14K | $430K | 20x | as long as short |
Lighter MRNA
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
GRVT MRNA_USDT_Perp
HTX MRNA-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex MRNAUSDT | 0.0000% | 8h | 172.60 | +0.017% | $1.6M | $636K | 20x | as long as short |
| QFEX MRNA-USD | +0.0001% | 1h | 172.56 | −0.006% | $1.1M | $2.5M | 10x | as long as short |
| BloFin MRNA-USDT | +0.0007% | 8h | 172.76 | +0.110% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.084% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.55 | −0.012% | $2K | $65K | 10x | as long as short |
| Ondo Perps MRNA-USD.Plong | +0.0050% | 1h | 172.57 | long leg | $43K | $35K | 5x | |
| tradeXYZ xyz:MRNA | +0.0077% | 1h | 172.54 | −0.017% | $2.5M | $4.3M | 10x | as long as short |
| Extended MRNA-USD | +0.0080% | 1h | 172.45 | −0.069% | $32K | $32K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0088% | 1h | 172.54 | −0.017% | $40K | $55K | 10x | as long as short |
| edgeX MRNAUSDCshort | +0.0153% | 4h | 172.62 | +0.028% | $3K | $251K | 10x | |
| Phoenix MRNA | +0.0230% | 1h | 172.70 | +0.075% | $5K | $191K | 10x | as long as short |
Phemex MRNAUSDT
QFEX MRNA-USD
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
tradeXYZ xyz:MRNA
Extended MRNA-USD
SoDEX MRNA-USD
Phoenix MRNA