Funding you earn now, next payment 07:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.004%
Price spread now: Binance against Extended+0.047%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Binance is 0.047% dearer against Extended than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MRNA-USD | 172.15 | 0.0048 | pay 0.0006% / 1h | 51m 43s | $32K | $32K | 10x |
| Short | Binance MRNAUSDT | 172.23 | 0 | get 0.0000% / 8h | 1h 51m | $2.1M | $11.4M | 20x |
Extended MRNA-USD
Binance MRNAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- −$10.08
- Price spread: +0.047% → 0.000%
- $4.71
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$20.37
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Binance: live order book, 3 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 Extended no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 3 min ago | 2.03 bp | 11.4 bp −$11 | 56.7 bp −$567 | doesn't fit | doesn't fit |
Extended: 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 | −0.0504% | 1h | 172.40 | +0.145% | $155K | $1.2M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.19 | +0.021% | $26K | $83K | 20x | as long as short |
| Binance MRNAUSDTshort | 0.0000% | 8h | 172.23 | +0.047% | $2.1M | $11.4M | 20x | |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.22 | +0.040% | $935K | $620K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.25 | +0.058% | $1.3M | $5.4M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.09 | −0.035% | $1.1M | $2.5M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.29 | +0.081% | $861K | $994K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.22 | +0.040% | $2.6M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 172.24 | +0.055% | $56K | $96K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.27 | +0.069% | $605 | $147K | 10x | as long as short |
Lighter MRNA
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
Gate MRNA_USDT
Bitget MRNAUSDT
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 | 172.09 | −0.033% | $14K | $431K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.23 | +0.046% | $1.6M | $654K | 20x | as long as short |
| BloFin MRNA-USDT | +0.0006% | 8h | 172.14 | −0.006% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −7.860% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.14 | −0.006% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USDlong | +0.0048% | 1h | 172.15 | long leg | $32K | $32K | 10x | |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.10 | −0.029% | $2.5M | $4.5M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 172.19 | +0.023% | $40K | $56K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 171.97 | −0.105% | $43K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0232% | 1h | 172.52 | +0.215% | $5K | $191K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0862% | 4h | 172.20 | +0.028% | $3K | $248K | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Ondo Perps MRNA-USD.P
Phoenix MRNA
edgeX MRNAUSDC