Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%
Price spread now: Variational Omni against Phemex+0.080%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.080% dearer against Phemex than usual: you sell high and buy low, +$8 on $10k if it 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 | Phemex MRNAUSDT | 172.62 | 0 | get 0.0000% / 8h | 2h 31m | $1.6M | $652K | 20x |
| Short | Variational Omni MRNA | 172.76 | 0 | get 0.0000% / 8h | 2h 31m | $55K | $96K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: +0.080% → 0.000%
- $8.01
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$3.99
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 1 min ago; Variational Omni: 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 Phemex live order book, 1 min ago | 2.90 bp | 41.0 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: 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 | −0.1080% | 1h | 172.75 | +0.075% | $156K | $1.2M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.52 | −0.056% | $26K | $83K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.58 | −0.023% | $2.1M | $11.4M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.58 | −0.023% | $938K | $620K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.48 | −0.081% | $1.3M | $5.4M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.53 | −0.052% | $862K | $999K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.57 | −0.029% | $2.6M | $10.5M | 20x | as long as short |
| Variational Omni MRNAshort | 0.0000% | 8h | 172.76 | +0.080% | $55K | $96K | — | |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.87 | +0.145% | $600 | $148K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 172.47 | −0.084% | $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 MRNAUSDTlong | 0.0000% | 8h | 172.62 | long leg | $1.6M | $652K | 20x | |
| QFEX MRNA-USD | 0.0000% | 1h | 172.53 | −0.052% | $1.1M | $2.5M | 10x | as long as short |
| BloFin MRNA-USDT | +0.0018% | 8h | 172.66 | +0.023% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.110% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.43 | −0.110% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.37 | −0.145% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.37 | −0.145% | $2.5M | $4.6M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.56 | −0.035% | $42K | $35K | 5x | as long as short |
| SoDEX MRNA-USD | +0.0095% | 1h | 172.56 | −0.035% | $40K | $56K | 10x | as long as short |
| Phoenix MRNA | +0.0185% | 1h | 172.67 | +0.029% | $5K | $191K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0586% | 4h | 172.75 | +0.075% | $3K | $248K | 10x | as long as short |
Phemex MRNAUSDT
Variational Omni MRNA
Lighter MRNA
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Phoenix MRNA
edgeX MRNAUSDC