Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.026%
Price spread now: Binance against tradeXYZ+0.073%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$600.599% of the position
Funding, last 7 days−0.183%−$18 on $10k
+Price spread, last 7 days−0.009%−$1 · spread now +0.073%, 7d avg +0.065%
=Together, before fees−0.191%+ Points / potential airdroptradeXYZ: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.065%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:MRNA | 170.20 | 0.0050 | pay 0.0006% / 1h | 36m 35s | $2.5M | $4.4M | 10x |
| Short | Binance MRNAUSDT | 170.32 | 0 | get 0.0000% / 8h | 7h 36m | $2.1M | $11.3M | 20x |
tradeXYZ xyz:MRNA
Binance MRNAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: +0.073% → +0.065%
- $0.81
- Slippage, 4 orders
- −$31.91
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$69.6
- Costs to cover
- 0.599%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 11 min ago; Binance: live order book, 3 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 tradeXYZ live order book, 11 min ago | 1.17 bp | 15.3 bp −$15 | 19.1 bp −$191 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.76 bp | 14.7 bp −$15 | 51.1 bp −$511 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MRNAUSDC | −0.0247% | 4h | 170.42 | +0.129% | $3K | $252K | 10x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 170.13 | −0.041% | $1.1M | $2.6M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 170.38 | +0.106% | $26K | $82K | 20x | as long as short |
| Binance MRNAUSDTshort | 0.0000% | 8h | 170.32 | +0.073% | $2.1M | $11.3M | 20x | |
| Bybit MRNAUSDT | 0.0000% | 8h | 170.38 | +0.106% | $916K | $608K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 170.33 | +0.076% | $1.2M | $5.4M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 170.35 | +0.088% | $872K | $979K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 170.21 | +0.006% | $2.6M | $10.6M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 170.75 | +0.321% | $54K | $92K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 170.53 | +0.194% | $2 | $133K | 10x | as long as short |
edgeX MRNAUSDC
QFEX MRNA-USD
Aster 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 | 170.46 | +0.152% | $14K | $431K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 170.43 | +0.135% | $1.5M | $646K | 20x | as long as short |
| BloFin MRNA-USDT | +0.0010% | 8h | 170.50 | +0.176% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −6.804% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 170.18 | −0.012% | $2K | $64K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 170.18 | −0.011% | $31K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNAlong | +0.0050% | 1h | 170.20 | long leg | $2.5M | $4.4M | 10x | |
| SoDEX MRNA-USD | +0.0050% | 1h | 170.30 | +0.059% | $39K | $55K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 170.07 | −0.076% | $43K | $36K | 5x | as long as short |
| Phoenix MRNA | +0.0278% | 1h | 170.46 | +0.153% | $5K | $191K | 10x | as long as short |
| Lighter MRNA | +0.0280% | 1h | 170.42 | +0.129% | $120K | $1.2M | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
SoDEX MRNA-USD
Ondo Perps MRNA-USD.P
Phoenix MRNA
Lighter MRNA