Funding you earn now, next payment 08:00 UTC−0.0869%/8h= −95.2% APRpaid last 24h +0.020%
Price spread now: edgeX against Gate−0.053%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$770.765% of the position
Funding, last 7 days−0.459%−$46 on $10k
+Price spread, last 4 days (all we have)+0.165%+$16 · spread now −0.053%, 7d avg +0.018%
=Together, before fees−0.294%+ Points / potential airdropedgeX: Active · farm board−$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and edgeX is 0.071% cheaper against Gate than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.459% in total (about -23.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MRNA_USDT | 172.28 | 0 | get 0.0000% / 8h | 1h 51m | $860K | $994K | 20x |
| Short | edgeX MRNAUSDC | 172.19 | −0.0869 | pay 0.0435% / 4h | 1h 51m | $3K | $248K | 10x |
Gate MRNA_USDT
edgeX MRNAUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- −$182.52
- Price spread: −0.053% → +0.018%
- −$7.09
- Slippage, 4 orders
- −$52.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$266.13
- Costs to cover
- 0.765%
- Break-even
- never at this rate
Slippage from Gate: live order book, 56 min ago; edgeX: live order book, 56 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 Gate live order book, 56 min ago | 17.05 bp | 33.1 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 56 min ago | 1.73 bp | 8.5 bp −$9 | doesn't fit | 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 MRNAUSDCshort | −0.0869% | 4h | 172.19 | −0.053% | $3K | $248K | 10x | |
| Lighter MRNA | −0.0528% | 1h | 172.42 | +0.081% | $155K | $1.2M | 10x | as long as short |
| BloFin MRNA-USDT | −0.0014% | 8h | 172.36 | +0.046% | $45K | $29K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.20 | −0.045% | $26K | $83K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.26 | −0.014% | $2.1M | $11.4M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.22 | −0.035% | $935K | $620K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.24 | −0.023% | $1.3M | $5.4M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.10 | −0.104% | $1.1M | $2.5M | 10x | as long as short |
| Gate MRNA_USDTlong | 0.0000% | 8h | 172.28 | long leg | $860K | $994K | 20x | |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.21 | −0.041% | $2.6M | $10.5M | 20x | as long as short |
Lighter MRNA
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
Bitget MRNAUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MRNA | 0.0000% | 8h | 172.24 | −0.020% | $56K | $96K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.24 | −0.022% | $605 | $147K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 172.28 | −0.003% | $14K | $431K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.31 | +0.017% | $1.6M | $654K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −7.929% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.14 | −0.081% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.09 | −0.110% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.14 | −0.081% | $2.5M | $4.5M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 172.21 | −0.041% | $40K | $56K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 171.97 | −0.180% | $43K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0232% | 1h | 172.23 | −0.029% | $5K | $191K | 10x | as long as short |
Variational Omni MRNA
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Ondo Perps MRNA-USD.P
Phoenix MRNA