Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.00 per $10,000 · paid last 24h +0.046%
Price spread now: SoDEX against tradeXYZ+0.029%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.029% dearer against tradeXYZ than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:MRNA | 172.33 | 0.0053 | pay 0.0007% / 1h | 3m 14s | $2.5M | $4.3M | 10x |
| Short | SoDEX MRNA-USD | 172.38 | 0.0050 | get 0.0006% / 1h | 3m 14s | $40K | $55K | 10x |
tradeXYZ xyz:MRNA
SoDEX MRNA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$0.63
- Price spread: +0.029% → 0.000%
- $2.9
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$23.73
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 5 min ago; SoDEX: 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 | 2.03 bp | 12.4 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | −0.0297% | 4h | 172.39 | +0.033% | $3K | $251K | 10x | as long as short |
| Lighter MRNA | −0.0176% | 1h | 172.65 | +0.186% | $155K | $1.2M | 10x | as long as short |
| BloFin MRNA-USDT | −0.0016% | 8h | 172.51 | +0.104% | $45K | $29K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.44 | +0.062% | $26K | $82K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.40 | +0.042% | $2.1M | $11.2M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.45 | +0.070% | $936K | $600K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.43 | +0.058% | $1.3M | $5.4M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.52 | +0.110% | $880K | $984K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.36 | +0.017% | $2.6M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 172.34 | +0.007% | $57K | $92K | — | as long as short |
edgeX MRNAUSDC
Lighter MRNA
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
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 | 172.43 | +0.058% | $91 | $142K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 172.12 | −0.122% | $14K | $430K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.39 | +0.035% | $1.6M | $637K | 20x | as long as short |
| QFEX MRNA-USD | +0.0001% | 1h | 172.28 | −0.029% | $1.1M | $2.5M | 10x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −7.956% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.38 | +0.029% | $2K | $65K | 10x | as long as short |
| SoDEX MRNA-USDshort | +0.0050% | 1h | 172.38 | +0.029% | $40K | $55K | 10x | |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.14 | −0.110% | $43K | $35K | 5x | as long as short |
| tradeXYZ xyz:MRNAlong | +0.0053% | 1h | 172.33 | long leg | $2.5M | $4.3M | 10x | |
| Extended MRNA-USD | +0.0056% | 1h | 172.31 | −0.011% | $32K | $32K | 10x | as long as short |
| Phoenix MRNA | +0.0230% | 1h | 172.43 | +0.058% | $5K | $191K | 10x | as long as short |
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDT
QFEX MRNA-USD
Injective MRNA/USDC PERP
Arcus MRNA-USD
Ondo Perps MRNA-USD.P
Extended MRNA-USD
Phoenix MRNA