Funding you earn now, next payment 22:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h −0.005%
Price spread now: Arcus against Variational Omni+0.024%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
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.024% dearer against Variational Omni than usual: you sell high and buy low: +$2 more if the spread 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 | Variational Omni MRNA | 172.76 | 0 | get 0.0000% / 8h | 2h 22m | $34K | $70K | — |
| Short | Arcus MRNA-USD | 172.80 | 0.0040 | get 0.0005% / 1h | 22m 19s | $2K | $65K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Variational Omni. 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
- $8.46
- Price spread: +0.024% → 0.000%
- $2.38
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $6.33
- Costs to cover
- 0.045%
- Break-even
- 1.8 days
Slippage unknown: Variational Omni: no order-book sample; Arcus: 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Arcus no order-book sample | — | — | — | — | — |
Variational Omni and Arcus: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRNA-USDT | −0.0004% | 8h | 172.93 | +0.099% | $44K | $29K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.90 | +0.080% | $29K | $81K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 173.13 | +0.215% | $2.2M | $11.2M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.02 | +0.151% | $938K | $1.0M | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.06 | +0.174% | $1.4M | $4.9M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.63 | −0.075% | $1.1M | $2.6M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.96 | +0.116% | $882K | $1.1M | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.01 | +0.145% | $2.6M | $10.4M | 20x | as long as short |
| Variational Omni MRNAlong | 0.0000% | 8h | 172.76 | long leg | $34K | $70K | — | |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.75 | −0.005% | $7 | $174K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRNA-USDT | 0.0000% | 8h | 172.55 | −0.120% | $13K | $429K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.96 | +0.116% | $1.6M | $627K | 20x | as long as short |
| Lighter MRNA | +0.0032% | 1h | 172.84 | +0.047% | $124K | $1.0M | 10x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.184% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USDshort | +0.0040% | 1h | 172.80 | +0.024% | $2K | $65K | 10x | |
| Extended MRNA-USD | +0.0048% | 1h | 172.78 | +0.010% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.82 | +0.035% | $2.6M | $4.1M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.66 | −0.057% | $42K | $39K | 5x | as long as short |
| Phoenix MRNA | +0.0185% | 1h | 172.60 | −0.092% | $5K | $192K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0198% | 1h | 172.88 | +0.070% | $62 | $55K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0593% | 4h | 172.76 | +0.002% | $3K | $241K | 10x | as long as short |
Variational Omni MRNA
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDT
Lighter MRNA
Injective MRNA/USDC PERP
Extended MRNA-USD
tradeXYZ xyz:MRNA
Phoenix MRNA
SoDEX MRNA-USD
edgeX MRNAUSDC