Funding you earn now, next payment 23:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.060%
Price spread now: Aster against tradeXYZ+0.115%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.213%−$21 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.115% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.115% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.7 days. At the pace of the last 7 days (−0.213% in total) that is about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:MRNA | 172.47 | 0.0050 | pay 0.0006% / 1h | 23m 37s | $2.6M | $4.2M | 10x |
| Short | Aster MRNAUSDT | 172.67 | 0 | get 0.0000% / 8h | 1h 23m | $29K | $81K | 20x |
tradeXYZ xyz:MRNA
Aster MRNAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against tradeXYZ. 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
- −$10.5
- Price spread: +0.115% → 0.000%
- $11.49
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$25.01
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 5 min ago; Aster: 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 tradeXYZ live order book, 5 min ago | 1.45 bp | 14.8 bp −$15 | 22.3 bp −$223 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MRNAUSDC | −0.0885% | 4h | 172.72 | +0.147% | $3K | $242K | 10x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.49 | +0.012% | $1.1M | $2.7M | 10x | as long as short |
| Aster MRNAUSDTshort | 0.0000% | 8h | 172.67 | +0.115% | $29K | $81K | 20x | |
| Binance MRNAUSDT | 0.0000% | 8h | 172.60 | +0.075% | $2.2M | $11.3M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.53 | +0.035% | $932K | $1.0M | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.49 | +0.012% | $1.4M | $4.9M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.59 | +0.070% | $879K | $1.1M | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.46 | −0.006% | $2.6M | $10.4M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 172.59 | +0.072% | $49K | $98K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.73 | +0.151% | $421 | $169K | 10x | as long as short |
edgeX MRNAUSDC
QFEX MRNA-USD
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
GRVT MRNA_USDT_PerpShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRNA-USDT | 0.0000% | 8h | 172.50 | +0.018% | $12K | $430K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.57 | +0.058% | $1.6M | $642K | 20x | as long as short |
| BloFin MRNA-USDT | +0.0025% | 8h | 172.63 | +0.093% | $44K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.030% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.41 | −0.035% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.46 | −0.007% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNAlong | +0.0050% | 1h | 172.47 | long leg | $2.6M | $4.2M | 10x | |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.64 | +0.099% | $43K | $39K | 5x | as long as short |
| Lighter MRNA | +0.0160% | 1h | 172.61 | +0.081% | $124K | $1.0M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0218% | 1h | 172.54 | +0.041% | $40K | $75K | 10x | as long as short |
| Phoenix MRNA | +0.0324% | 1h | 172.62 | +0.087% | $5K | $192K | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
Ondo Perps MRNA-USD.P
Lighter MRNA
SoDEX MRNA-USD
Phoenix MRNA