Funding you earn now, next payment 01:00 UTC+0.0210%/8h= +22.9% APRnext payment +$0.26 per $10,000 · paid last 24h +0.098%
Price spread now: SoDEX against QFEX+0.070%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and SoDEX is 0.070% dearer against QFEX than usual: you sell high and buy low: +$7 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 | QFEX MRNA-USD | 171.99 | 0 | get 0.0000% / 1h | 1m 26s | $1.2M | $2.7M | 10x |
| Short | SoDEX MRNA-USD | 172.11 | 0.0210 | get 0.0026% / 1h | 1m 26s | $40K | $66K | 10x |
QFEX MRNA-USD
SoDEX MRNA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $44.01
- Price spread: +0.070% → 0.000%
- $6.98
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $32.99
- Costs to cover
- 0.180%
- Break-even
- 1.8 days
Slippage unknown: QFEX: live order book, 6 min ago; SoDEX: 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 QFEX live order book, 6 min ago | 2.33 bp | 9.6 bp −$10 | 15.9 bp −$159 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRNAUSDT | 0.0000% | 8h | 172.18 | +0.112% | $29K | $81K | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.03 | +0.023% | $933K | $1.0M | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 171.89 | −0.058% | $1.3M | $5.2M | 20x | as long as short |
| QFEX MRNA-USDlong | 0.0000% | 1h | 171.99 | long leg | $1.2M | $2.7M | 10x | |
| Gate MRNA_USDT | 0.0000% | 8h | 172.00 | +0.006% | $863K | $1.1M | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 171.92 | −0.041% | $2.6M | $10.6M | 20x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 172.11 | +0.068% | $12K | $428K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.10 | +0.064% | $1.5M | $649K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −7.774% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.01 | +0.012% | $2K | $65K | 10x | as long as short |
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Arcus MRNA-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended MRNA-USD | +0.0048% | 1h | 171.92 | −0.043% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 171.97 | −0.012% | $2.7M | $4.4M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 171.98 | −0.006% | $43K | $39K | 5x | as long as short |
| Variational Omni MRNA | +0.0129% | 8h | 172.08 | +0.051% | $49K | $89K | — | as long as short |
| Binance MRNAUSDT | +0.0161% | 8h | 172.07 | +0.044% | $2.1M | $11.5M | 20x | as long as short |
| Lighter MRNA | +0.0176% | 1h | 172.13 | +0.081% | $111K | $1.1M | 10x | as long as short |
| BloFin MRNA-USDT | +0.0178% | 8h | 172.06 | +0.041% | $44K | $29K | 20x | as long as short |
| SoDEX MRNA-USDshort | +0.0210% | 1h | 172.11 | +0.070% | $40K | $66K | 10x | |
| Phoenix MRNA | +0.0231% | 1h | 171.98 | −0.006% | $5K | $193K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0361% | 4h | 172.10 | +0.063% | $3K | $246K | 10x | as long as short |
| GRVT MRNA_USDT_Perp | +0.0667% | 8h | 172.13 | +0.080% | $201 | $155K | 10x | as long as short |
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Variational Omni MRNA
Binance MRNAUSDT
Lighter MRNA
BloFin MRNA-USDT
Phoenix MRNA
edgeX MRNAUSDC
GRVT MRNA_USDT_Perp