Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%
Price spread now: Phemex against Variational Omni+0.023%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.023% dearer against Variational Omni than usual: you sell high and buy low, +$2 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 | Variational Omni MRNA | 172.99 | 0 | get 0.0000% / 8h | 2h 50m | $55K | $96K | — |
| Short | Phemex MRNAUSDT | 173.03 | 0 | get 0.0000% / 8h | 2h 50m | $1.6M | $650K | 20x |
Variational Omni MRNA
Phemex MRNAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.023% → 0.000%
- $2.33
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$9.67
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; Phemex: live order book, 2 min ago. 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 Phemex live order book, 2 min ago | 2.31 bp | 40.1 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
Variational Omni: 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter MRNA | −0.1064% | 1h | 173.19 | +0.116% | $156K | $1.2M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.85 | −0.081% | $27K | $83K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 173.02 | +0.018% | $2.1M | $11.4M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.01 | +0.012% | $940K | $620K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.94 | −0.029% | $1.3M | $5.3M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.86 | −0.075% | $863K | $998K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.02 | +0.018% | $2.7M | $10.4M | 20x | as long as short |
| Variational Omni MRNAlong | 0.0000% | 8h | 172.99 | long leg | $55K | $96K | — | |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.98 | −0.007% | $242 | $148K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 172.87 | −0.067% | $13K | $430K | 20x | as long as short |
Lighter MRNA
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
GRVT MRNA_USDT_Perp
HTX MRNA-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex MRNAUSDTshort | 0.0000% | 8h | 173.03 | +0.023% | $1.6M | $650K | 20x | |
| QFEX MRNA-USD | 0.0000% | 1h | 172.77 | −0.127% | $1.1M | $2.6M | 10x | as long as short |
| BloFin MRNA-USDT | +0.0026% | 8h | 173.02 | +0.018% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.307% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.85 | −0.081% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.83 | −0.092% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.85 | −0.081% | $2.6M | $4.5M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.79 | −0.115% | $42K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0185% | 1h | 172.83 | −0.092% | $5K | $191K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0338% | 1h | 172.97 | −0.011% | $40K | $56K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0606% | 4h | 173.01 | +0.014% | $3K | $247K | 10x | as long as short |
QFEX MRNA-USD
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Phoenix MRNA
SoDEX MRNA-USD
edgeX MRNAUSDC