Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG270.91−0.0079get 0.0010% / 1h16m 14s$26.7M$29.3M10xLong tradeXYZ
SHORT271.38+0.0050get 0.0006% / 1h16m 14s$112K$132K10xShort SoDEX
Price gap+0.172%
Funding gap+0.0129% /8h

Funding pays +$4 a day on $10k, but the gap is 0.039% under its 7d average: −$4 if it goes back, about 24 hours of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$39+0.0129% /8h now · paid +0.390% over the last 7D
Price−$4spread +0.172% now, avg +0.211% → −0.039% if it goes back
Costs−$700.704% of $10k · taker + slippage, in and out
Result−$35−0.35%+ 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+0.172%
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 · 3 to watch
  • Watch: Thin at this size3.2 / 32.2 bp
    At $10k entering SoDEX costs 32.2 bp, fee and slippage, 10.1× tradeXYZ’s.
  • Note: Margin at max leverage$1,000 + $1,000
    tradeXYZ 10x, SoDEX 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: +$3.87Long tradeXYZ: 24 payments, +$2.37; short SoDEX: 24 payments, +$1.50.
  • Watch: Gap narrower than usual+0.172% vs +0.211%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$112K vs $26.7M 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 legtradeXYZ No · SoDEX 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+0.172% → +0.211% (7d avg)−$3.94
Slippage, 4 orderslive order books−$60.59
Fee tradeXYZ bp × 2 orders−$1.80
Fee SoDEX bp × 2 orders−$8.00
Net · 7 days · $10k−$35.32
Costs to cover0.704%Break-even13.3 days
Slippage: tradeXYZ: live order book, 4 min ago; SoDEX: live order book, 28 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGtradeXYZ1.283.2 bp−$35.7 bp−$5725.4 bp−$2,542doesn’t fit
SELL · SHORTSoDEX2.6132.2 bp−$32doesn’t fitdoesn’t fitdoesn’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 ↗