Funding you earn now, next payment 08:00 UTC+0.0297%/8h= +32.5% APRpaid last 24h −0.007%
Price spread now: Binance against edgeX+0.012%80s7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$490.486% of the position
Funding, last 7 days+0.392%+$39 on $10k
+Price spread, last 4 days (all we have)−0.604%−$60 · spread now +0.012%, 7d avg +0.032%
=Together, before fees−0.213%+ Points / potential airdropedgeX: Active · farm board−$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.020% cheaper against edgeX than usual: you would sell low and buy high (spread +0.012% now, against its 7-day average of +0.032%). If the spread goes back, that is −$2 on $10k: about 5 hours of funding at the current rate (+$9 a day). The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MRNAUSDC | 172.39 | −0.0297 | get 0.0149% / 4h | 2m 10s | $3K | $251K | 10x |
| Short | Binance MRNAUSDT | 172.41 | 0 | get 0.0000% / 8h | 2m 10s | $2.1M | $11.2M | 20x |
edgeX MRNAUSDC
Binance MRNAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- $62.38
- Price spread: +0.012% → +0.032%
- −$2.04
- Slippage, 4 orders
- −$29.65
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $11.69
- Costs to cover
- 0.486%
- Break-even
- 5.7 days
Slippage from edgeX: live order book, 35 min ago; Binance: live order book, 8 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 edgeX live order book, 35 min ago | 2.88 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 1.45 bp | 15.0 bp −$15 | 51.7 bp −$517 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MRNAUSDClong | −0.0297% | 4h | 172.39 | long leg | $3K | $251K | 10x | |
| Lighter MRNA | −0.0192% | 1h | 172.62 | +0.135% | $155K | $1.2M | 10x | as long as short |
| BloFin MRNA-USDT | −0.0016% | 8h | 172.51 | +0.071% | $45K | $29K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.48 | +0.056% | $26K | $82K | 20x | as long as short |
| Binance MRNAUSDTshort | 0.0000% | 8h | 172.41 | +0.012% | $2.1M | $11.2M | 20x | |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.44 | +0.031% | $936K | $600K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.43 | +0.025% | $1.3M | $5.4M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.50 | +0.066% | $880K | $984K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.33 | −0.033% | $2.6M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 172.34 | −0.026% | $57K | $92K | — | as long as short |
Lighter MRNA
BloFin MRNA-USDT
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNAShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.43 | +0.025% | $91 | $142K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 172.35 | −0.019% | $14K | $430K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.31 | −0.045% | $1.6M | $637K | 20x | as long as short |
| QFEX MRNA-USD | +0.0001% | 1h | 172.23 | −0.091% | $1.1M | $2.6M | 10x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −7.986% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.36 | −0.016% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.27 | −0.067% | $32K | $32K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 172.32 | −0.039% | $40K | $55K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.14 | −0.143% | $43K | $35K | 5x | as long as short |
| tradeXYZ xyz:MRNA | +0.0053% | 1h | 172.29 | −0.056% | $2.5M | $4.3M | 10x | as long as short |
| Phoenix MRNA | +0.0230% | 1h | 172.43 | +0.025% | $5K | $191K | 10x | as long as short |
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDT
QFEX MRNA-USD
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
SoDEX MRNA-USD
Ondo Perps MRNA-USD.P
tradeXYZ xyz:MRNA
Phoenix MRNA