Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG272.30+0.0050pay 0.0006% / 1h7m 33s$113K$141K10xLong SoDEX
SHORT271.71−0.0073pay 0.0009% / 1h7m 33s$26.9M$29.9M10xShort tradeXYZ
Price gap−0.220%
Funding gap−0.0123% /8h

Funding costs $4 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$39−0.0123% /8h now · paid −0.390% over the last 7D
Price−$1spread −0.220% now, avg −0.211% → −0.010% if it goes back
Costs−$740.743% of $10k · taker + slippage, in and out
Result−$114−1.14%+ Points / potential airdroptradeXYZ: points · farm board

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.220%
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

/8h

MRNA on 26 exchanges

lowest funding first

Before you open

3 ok · 2 to watch
  • Watch: Thin at this size31.4 / 4.2 bp
    At $10k entering SoDEX costs 31.4 bp, fee and slippage, 7.6× tradeXYZ’s.
  • Note: Margin at max leverage$1,000 + $1,000
    SoDEX 10x, tradeXYZ 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$3.70Long SoDEX: 24 payments, −$1.50; short tradeXYZ: 24 payments, −$2.20.
  • Note: Gap at its usual level−0.220% vs −0.211%
    The price leg adds little either way.
  • Watch: Long leg is thinner$113K vs $26.9M OI
    SoDEX sets your exit cost. Check its book before closing.
  • OK: Points on a legtradeXYZ points
    Volume here counts toward the points program.
  • OK: No KYC on either legSoDEX No · tradeXYZ No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0186%/8h × 21 periods−$39.01
Price spread−0.220% → −0.211% (7d avg)−$0.97
Slippage, 4 orderslive order books−$64.53
Fee SoDEX bp × 2 orders−$8.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$114.32
Costs to cover0.743%Break-evennever at this rate
Slippage: SoDEX: live order book, 36 min ago; tradeXYZ: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGSoDEX2.6131.4 bp−$31doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTtradeXYZ2.944.2 bp−$48.3 bp−$8334.5 bp−$3,452doesn’t fit

Closing costs about the same again.

Alert

MRNA news

posts that mention MRNA, from every exchange
11-06 19:41PhoenixOtherModerna reported a surprise Q3 profit and raised its 2026 outlook. $MRNA is trading at $259 on Phoenix. @PhoenixTrade on X ↗
11-06 13:03Variational OmniOther$MRNA Earnings Call @variational_io on X ↗
10-25 09:09AZverseListingnew market mrna_usdt ($MRNA) seen by our collector
10-22 20:48ArcusOther$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 19:35PhoenixOtherModerna 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 19:27BitgetOtherStay on top of fast-moving stock markets with Bitget Stock Perps. 📈📉 Here's the latest on Moderna $MRNA today ⤵️ @bitget on X ↗