Funding you earn now, next payment 09:00 UTC+0.0280%/8h= +30.7% APRpaid last 24h +0.079%
Price spread now: Lighter against Gate+0.059%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$780.782% of the position
Funding, last 7 days+0.231%+$23 on $10k
+Price spread, last 7 days−0.081%−$8 · spread now +0.059%, 7d avg +0.025%
=Together, before fees+0.149%+ Points / potential airdropLighter: Season 3 · farm board+$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Lighter is 0.034% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MRNA_USDT | 170.32 | 0 | get 0.0000% / 8h | 7h 36m | $872K | $979K | 20x |
| Short | Lighter MRNA | 170.42 | 0.0280 | get 0.0035% / 1h | 36m 22s | $120K | $1.2M | 10x |
Gate MRNA_USDT
Lighter MRNAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $58.8
- Price spread: +0.059% → +0.025%
- $3.37
- Slippage, 4 orders
- −$63.15
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$15.98
- Costs to cover
- 0.782%
- Break-even
- 8.9 days
Slippage from Gate: live order book, 60 min ago; Lighter: live order book, 4 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, 60 min ago | 17.60 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 2.05 bp | 4.3 bp −$4 | 39.1 bp −$391 | 182.9 bp −$18.3K | 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 MRNAUSDC | −0.0247% | 4h | 170.42 | +0.059% | $3K | $252K | 10x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 170.13 | −0.112% | $1.1M | $2.6M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 170.40 | +0.049% | $26K | $82K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 170.33 | +0.005% | $2.1M | $11.3M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 170.39 | +0.041% | $916K | $608K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 170.33 | +0.006% | $1.2M | $5.4M | 20x | as long as short |
| Gate MRNA_USDTlong | 0.0000% | 8h | 170.32 | long leg | $872K | $979K | 20x | |
| Bitget MRNAUSDT | 0.0000% | 8h | 170.28 | −0.023% | $2.6M | $10.6M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 170.75 | +0.251% | $54K | $92K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 170.53 | +0.123% | $2 | $133K | 10x | as long as short |
edgeX MRNAUSDC
QFEX MRNA-USD
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
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 | 170.46 | +0.082% | $14K | $431K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 170.43 | +0.065% | $1.5M | $646K | 20x | as long as short |
| BloFin MRNA-USDT | +0.0010% | 8h | 170.50 | +0.106% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −6.869% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 170.18 | −0.082% | $2K | $64K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 170.17 | −0.087% | $31K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 170.19 | −0.076% | $2.5M | $4.4M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 170.25 | −0.041% | $39K | $55K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 170.07 | −0.147% | $43K | $36K | 5x | as long as short |
| Phoenix MRNA | +0.0278% | 1h | 170.46 | +0.082% | $5K | $191K | 10x | as long as short |
| Lighter MRNAshort | +0.0280% | 1h | 170.42 | +0.059% | $120K | $1.2M | 10x |
HTX MRNA-USDT
Phemex MRNAUSDT
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Ondo Perps MRNA-USD.P
Phoenix MRNA