Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.017%
Price spread now: Binance against Arcus+0.057%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—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.057% dearer against Arcus than usual: you sell high and buy low, +$6 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 | Arcus MRNA-USD | 173.79 | 0.0040 | pay 0.0005% / 1h | 2m 10s | $2K | $63K | 10x |
| Short | Binance MRNAUSDT | 173.89 | 0.0040 | get 0.0040% / 8h | 5h 02m | $2.2M | $11.3M | 20x |
Arcus MRNA-USD
Binance MRNAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Arcus. 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
- −$0.06
- Price spread: +0.057% → 0.000%
- $5.7
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$8.86
- Costs to cover
- 0.145%
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; Binance: live order book, 8 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 Arcus no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 8 min ago | 1.44 bp | 15.0 bp −$15 | 38.2 bp −$382 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRNAUSDT | 0.0000% | 8h | 173.78 | −0.005% | $28K | $82K | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.87 | +0.046% | $944K | $658K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.77 | −0.012% | $1.3M | $5.3M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 173.76 | −0.017% | $1.1M | $2.7M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 173.86 | +0.040% | $869K | $1.0M | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.69 | −0.058% | $2.7M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 173.96 | +0.096% | $49K | $89K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.99 | +0.118% | $592 | $148K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 173.39 | −0.231% | $13K | $433K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 173.95 | +0.092% | $1.6M | $641K | 20x | as long as short |
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.729% | $18K | $8K | 12x | as long as short |
| Binance MRNAUSDTshort | +0.0040% | 8h | 173.89 | +0.057% | $2.2M | $11.3M | 20x | |
| Arcus MRNA-USDlong | +0.0040% | 1h | 173.79 | long leg | $2K | $63K | 10x | |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.60 | −0.109% | $43K | $35K | 5x | as long as short |
| BloFin MRNA-USDT | +0.0069% | 8h | 173.88 | +0.052% | $45K | $29K | 20x | as long as short |
| Extended MRNA-USD | +0.0088% | 1h | 173.71 | −0.046% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0089% | 1h | 173.72 | −0.040% | $2.6M | $4.4M | 10x | as long as short |
| Phoenix MRNA | +0.0185% | 1h | 173.93 | +0.081% | $5K | $189K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0303% | 1h | 173.88 | +0.052% | $40K | $56K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0597% | 4h | 173.96 | +0.099% | $3K | $245K | 10x | as long as short |
| Lighter MRNA | +0.1232% | 1h | 173.93 | +0.081% | $104K | $1.1M | 10x | as long as short |
Injective MRNA/USDC PERP
Ondo Perps MRNA-USD.P
BloFin MRNA-USDT
Extended MRNA-USD
tradeXYZ xyz:MRNA
Phoenix MRNA
SoDEX MRNA-USD
edgeX MRNAUSDC
Lighter MRNA