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: OKX against Phemex−0.052%53s7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1171.170% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.128%−$13 · spread now −0.052%, 7d avg −0.053%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex MRNAUSDT | 174.25 | 0 | get 0.0000% / 8h | 3h 19m | $1.6M | $644K | 20x |
| Short | OKX MRNA-USDT-SWAP | 174.16 | 0 | get 0.0000% / 8h | 3h 19m | $1.3M | $5.3M | 20x |
Phemex MRNAUSDT
OKX MRNA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Phemex. 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: −0.052% → −0.053%
- $0.14
- Slippage, 4 orders
- −$94.96
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$116.83
- Costs to cover
- 1.170%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; OKX: live order book, 3 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 Phemex live order book, 4 min ago | 8.32 bp | 47.1 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 3.44 bp | 13.8 bp −$14 | 88.8 bp −$888 | doesn't fit | 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 | −0.0517% | 4h | 174.17 | −0.043% | $3K | $247K | 10x | as long as short |
| BloFin MRNA-USDT | −0.0017% | 8h | 174.21 | −0.023% | $45K | $29K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 173.98 | −0.153% | $28K | $82K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 174.12 | −0.075% | $2.2M | $11.3M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 174.04 | −0.121% | $949K | $615K | 25x | as long as short |
| OKX MRNA-USDT-SWAPshort | 0.0000% | 8h | 174.16 | −0.052% | $1.3M | $5.3M | 20x | |
| QFEX MRNA-USD | 0.0000% | 1h | 174.03 | −0.126% | $1.1M | $2.6M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 174.14 | −0.063% | $870K | $997K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 174.15 | −0.057% | $2.8M | $10.4M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 174.17 | −0.046% | $56K | $96K | — | as long as short |
edgeX MRNAUSDC
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
QFEX MRNA-USD
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNAShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 174.21 | −0.025% | $660 | $149K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 174.12 | −0.075% | $14K | $430K | 20x | as long as short |
| Phemex MRNAUSDTlong | 0.0000% | 8h | 174.25 | long leg | $1.6M | $644K | 20x | |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.970% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 174.06 | −0.109% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 174.05 | −0.115% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 173.94 | −0.178% | $2.7M | $4.5M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 174.17 | −0.046% | $43K | $35K | 5x | as long as short |
| SoDEX MRNA-USD | +0.0193% | 1h | 174.15 | −0.057% | $40K | $56K | 10x | as long as short |
| Phoenix MRNA | +0.0277% | 1h | 174.10 | −0.086% | $5K | $191K | 10x | as long as short |
| Lighter MRNA | +0.0680% | 1h | 174.33 | +0.046% | $158K | $1.1M | 10x | as long as short |
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
SoDEX MRNA-USD
Phoenix MRNA
Lighter MRNA