Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 197.24 | +0.0154 | pay 0.0019% / 1h | 2m 36s | $260 | $50K | 10x | Long SoDEX | |
| SHORT | 197.58 | −0.0069 | pay 0.0009% / 1h | 2m 36s | $47K | $75K | — | Short AZverse |
Price gap+0.172%
Funding gap−0.0223% /8h
The gap pays +$17 on $10k if it goes back to zero (no 7-day history yet), but funding costs $7 a day and eats that in about 2.6 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—−0.0223% /8h now · no funding history yet
Price—spread +0.172% now · no price history on both exchanges yet
Costsno datano order book for SoDEX and AZverse
Result, before costs—no pointsneeds funding history
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.172%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hMRNA on 27 exchanges
lowest funding firstBefore you open
2 ok · 1 to watch- Note: Order book unknown—No order-book sample for SoDEX and AZverse: its slippage is not counted.
- Note: Margin at max leverage$1,000 + —SoDEX 10x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$6.68Long SoDEX: 24 payments, −$4.62; short AZverse: 24 payments, −$2.06.
- Note: No 7-day spread history+0.172%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$260 vs $47K OISoDEX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legSoDEX No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate−$46.77
Price spread+0.172% → 0+$17.24
Slippage, 4 ordersno data for SoDEX and AZverse—
Fee SoDEX bp × 2 orders−$8.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$49.54
Costs to cover0.200%Break-evennever at this rate
Slippage: SoDEX: no order-book sample; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGSoDEX—————
SELL · SHORTAZverse—————
Closing costs about the same again.
SoDEX and AZverse: no data.
| 10-25 09:09 | AZverse | Listing | new market mrna_usdt ($MRNA) seen by our collector |
| 10-22 20:48 | Arcus | Other | $MRNA fell 25% today and was halted intraday on its primary exchange. The MRNA perp on Arcus kept trading through the halt. Traders could open, reduce, or close positions the entire time - as there is no halt state on Arcus perps. Markets run 24/7. Read more about Arcus RWA Perps here: @arcus_xyz on X ↗ |
| 10-22 19:35 | Phoenix | Other | Moderna falls after reported leak of Phase 3 melanoma vaccine data showing a 42% cut in recurrence risk, below Phase 2's 49%. $MRNA is trading at $195 on Phoenix, 24/7. @PhoenixTrade on X ↗ |
| 10-22 19:27 | Bitget | Other | Stay on top of fast-moving stock markets with Bitget Stock Perps. 📈📉 Here's the latest on Moderna $MRNA today ⤵️ @bitget on X ↗ |
| 10-20 17:07 | Phoenix | Other | JUST IN: Moderna $MRNA is still climbing, up nearly 7% in the last 24 hours ahead of Saturday's Phase 3 cancer vaccine data at ESMO. @PhoenixTrade on X ↗ |
| 10-19 13:46 | Phoenix | Other | JUST IN: $MRNA jumps 8.45% in anticipation of their Stage 3 cancer vaccine clinical trial results releasing on October 24. @PhoenixTrade on X ↗ |

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