Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.026%
Price spread now: Bitget against Bybit−0.006%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1331.328% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.006%, 7d avg +0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.028% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MRNAUSDT | 172.60 | 0 | get 0.0000% / 8h | 2h 03m | $937K | $621K | 25x |
| Short | Bitget MRNAUSDT | 172.59 | 0 | get 0.0000% / 8h | 2h 03m | $2.6M | $10.5M | 20x |
Bybit MRNAUSDT
Bitget MRNAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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: −0.006% → +0.022%
- −$2.79
- Slippage, 4 orders
- −$109.81
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$135.59
- Costs to cover
- 1.328%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 7 min ago; Bitget: live order book, 5 min ago.
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 Bybit live order book, 7 min ago | 6.95 bp | 79.6 bp −$80 | 737.8 bp −$7,378 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 4.92 bp | 15.1 bp −$15 | 47.6 bp −$476 | doesn't fit | doesn't fit |
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 | −0.0960% | 1h | 172.80 | +0.116% | $156K | $1.2M | 10x | as long as short |
| edgeX MRNAUSDC | −0.0750% | 4h | 172.73 | +0.074% | $3K | $248K | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.69 | +0.052% | $26K | $83K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.66 | +0.035% | $2.1M | $11.4M | 20x | as long as short |
| Bybit MRNAUSDTlong | 0.0000% | 8h | 172.60 | long leg | $937K | $621K | 25x | |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.55 | −0.029% | $1.3M | $5.4M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.57 | −0.017% | $862K | $999K | 20x | as long as short |
| Bitget MRNAUSDTshort | 0.0000% | 8h | 172.59 | −0.006% | $2.6M | $10.5M | 20x | |
| Variational Omni MRNA | 0.0000% | 8h | 172.66 | +0.038% | $56K | $96K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.71 | +0.065% | $3 | $147K | 10x | as long as short |
Lighter MRNA
edgeX MRNAUSDC
Aster MRNAUSDT
Binance MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Variational Omni MRNA
GRVT MRNA_USDT_PerpShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRNA-USDT | 0.0000% | 8h | 172.52 | −0.044% | $14K | $431K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.60 | 0.000% | $1.6M | $654K | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.52 | −0.046% | $1.1M | $2.5M | 10x | as long as short |
| BloFin MRNA-USDT | +0.0015% | 8h | 172.82 | +0.127% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.100% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.53 | −0.041% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.53 | −0.040% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.55 | −0.029% | $2.5M | $4.5M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.47 | −0.075% | $43K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0185% | 1h | 172.64 | +0.023% | $5K | $191K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0235% | 1h | 172.59 | −0.006% | $40K | $56K | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
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