Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.043%
Price spread now: GRVT against QFEX+0.081%7-day average +0.296% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$760.759% of the position
Funding, last 4 days (all we have)+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)+0.123%+$12 · spread now +0.081%, 7d avg +0.296%
=Together, before fees+0.191%+ Points / potential airdropGRVT: Active · farm board+$19 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: GRVT is 0.214% cheaper against QFEX than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.296%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX MRNA-USD | 174.35 | 0 | get 0.0000% / 1h | 26m 41s | $1.1M | $2.6M | 10x |
| Short | GRVT MRNA_USDT_Perp | 174.49 | 0 | get 0.0000% / 8h | 3h 26m | $661 | $149K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against QFEX. 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: +0.081% → +0.296%
- −$21.43
- Slippage, 4 orders
- −$56.88
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$97.32
- Costs to cover
- 0.759%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 6 min ago; GRVT: live order book, 21 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 QFEX live order book, 6 min ago | 2.29 bp | 14.7 bp −$15 | 22.0 bp −$220 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 21 min ago | 3.15 bp | 30.5 bp −$30 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRNA-USDT | −0.0004% | 8h | 174.47 | +0.069% | $45K | $29K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 174.44 | +0.050% | $28K | $82K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 174.43 | +0.046% | $2.2M | $11.3M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 174.40 | +0.029% | $951K | $616K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 174.27 | −0.046% | $1.3M | $5.3M | 20x | as long as short |
| QFEX MRNA-USDlong | 0.0000% | 1h | 174.35 | long leg | $1.1M | $2.6M | 10x | |
| Gate MRNA_USDT | 0.0000% | 8h | 174.45 | +0.057% | $872K | $997K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 174.41 | +0.034% | $2.8M | $10.4M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 174.48 | +0.077% | $56K | $96K | — | as long as short |
| GRVT MRNA_USDT_Perpshort | 0.0000% | 8h | 174.49 | +0.081% | $661 | $149K | 10x |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRNA-USDT | 0.0000% | 8h | 174.34 | −0.005% | $13K | $430K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 174.51 | +0.092% | $1.6M | $643K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −9.022% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 174.24 | −0.063% | $2K | $64K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 174.31 | −0.022% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 174.33 | −0.011% | $2.7M | $4.5M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 174.42 | +0.040% | $43K | $35K | 5x | as long as short |
| edgeX MRNAUSDC | +0.0225% | 4h | 174.45 | +0.058% | $3K | $246K | 10x | as long as short |
| Phoenix MRNA | +0.0277% | 1h | 174.49 | +0.080% | $5K | $191K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0301% | 1h | 174.48 | +0.075% | $40K | $56K | 10x | as long as short |
| Lighter MRNA | +0.0808% | 1h | 174.61 | +0.149% | $158K | $1.1M | 10x | as long as short |
GRVT MRNA_USDT_Perp
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Extended MRNA-USD
tradeXYZ xyz:MRNA
edgeX MRNAUSDC
Phoenix MRNA
SoDEX MRNA-USD
Lighter MRNA