Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.023%
Price spread now: Gate against tradeXYZ−0.006%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$740.743% of the position
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 7 days+0.072%+$7 · spread now −0.006%, 7d avg +0.052%
=Together, before fees−0.044%+ Points / potential airdroptradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.058% cheaper against tradeXYZ than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.052%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:MRNA | 173.14 | 0.0050 | pay 0.0006% / 1h | 6m 27s | $2.7M | $4.5M | 10x |
| Short | Gate MRNA_USDT | 173.13 | 0 | get 0.0000% / 8h | 3h 06m | $865K | $1.0M | 20x |
tradeXYZ xyz:MRNA
Gate MRNA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.006% → +0.052%
- −$5.78
- Slippage, 4 orders
- −$41.34
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$90.62
- Costs to cover
- 0.743%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 11 min ago; Gate: live order book, 45 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 | 0.86 bp | 14.7 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 45 min ago | 12.08 bp | 22.7 bp −$23 | 1353.2 bp −$13.5K | 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 | −0.0877% | 4h | 173.40 | +0.152% | $3K | $247K | 10x | as long as short |
| BloFin MRNA-USDT | −0.0018% | 8h | 173.27 | +0.075% | $45K | $29K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 173.16 | +0.012% | $28K | $82K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 173.27 | +0.074% | $2.2M | $11.3M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.40 | +0.150% | $942K | $620K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.18 | +0.023% | $1.3M | $5.3M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 173.10 | −0.023% | $1.1M | $2.6M | 10x | as long as short |
| Gate MRNA_USDTshort | 0.0000% | 8h | 173.13 | −0.006% | $865K | $1.0M | 20x | |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.26 | +0.069% | $2.7M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 173.68 | +0.311% | $56K | $96K | — | as long as short |
edgeX MRNAUSDC
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
Bitget MRNAUSDT
Variational Omni MRNAShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.49 | +0.204% | $269 | $149K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 173.26 | +0.070% | $13K | $430K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 173.24 | +0.058% | $1.6M | $646K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.386% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 173.26 | +0.069% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 173.16 | +0.009% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNAlong | +0.0050% | 1h | 173.14 | long leg | $2.7M | $4.5M | 10x | |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.50 | +0.208% | $43K | $35K | 5x | as long as short |
| SoDEX MRNA-USD | +0.0116% | 1h | 173.23 | +0.052% | $40K | $56K | 10x | as long as short |
| Phoenix MRNA | +0.0277% | 1h | 173.45 | +0.179% | $5K | $191K | 10x | as long as short |
| Lighter MRNA | +0.0280% | 1h | 173.47 | +0.191% | $157K | $1.1M | 10x | as long as short |
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
Ondo Perps MRNA-USD.P
SoDEX MRNA-USD
Phoenix MRNA
Lighter MRNA