Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.017%
Price spread now: QFEX against Gate−0.115%7-day average −0.173% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1461.460% of the position
Funding, last 4 days (all we have)−0.028%−$3 on $10k
+Price spread, last 7 days+0.028%+$3 · spread now −0.115%, 7d avg −0.173%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.058% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.173%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MRNA_USDT | 173.82 | 0 | get 0.0000% / 8h | 4h 36m | $869K | $998K | 20x |
| Short | QFEX MRNA-USD | 173.62 | 0 | get 0.0000% / 1h | 36m 02s | $1.1M | $2.7M | 10x |
Gate MRNA_USDT
QFEX MRNA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $0
- Price spread: −0.115% → −0.173%
- $5.81
- Slippage, 4 orders
- −$121.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$140.2
- Costs to cover
- 1.460%
- Break-even
- never at this rate
Slippage from Gate: live order book, 21 min ago; QFEX: live order book, 12 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, 21 min ago | 10.94 bp | 19.2 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 12 min ago | 1.15 bp | 12.5 bp −$12 | 19.9 bp −$199 | 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 MRNAUSDC | −0.0337% | 4h | 173.89 | +0.040% | $3K | $245K | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 173.85 | +0.018% | $28K | $82K | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.91 | +0.052% | $947K | $615K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.65 | −0.098% | $1.3M | $5.2M | 20x | as long as short |
| QFEX MRNA-USDshort | 0.0000% | 1h | 173.62 | −0.115% | $1.1M | $2.7M | 10x | |
| Gate MRNA_USDTlong | 0.0000% | 8h | 173.82 | long leg | $869K | $998K | 20x | |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.75 | −0.040% | $2.8M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 173.77 | −0.026% | $49K | $89K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.88 | +0.035% | $490 | $146K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 173.74 | −0.045% | $13K | $433K | 20x | as long as short |
edgeX MRNAUSDC
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Bitget MRNAUSDT
Variational Omni MRNA
GRVT MRNA_USDT_Perp
HTX MRNA-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex MRNAUSDT | 0.0000% | 8h | 173.84 | +0.012% | $1.6M | $640K | 20x | as long as short |
| BloFin MRNA-USDT | +0.0015% | 8h | 173.87 | +0.029% | $45K | $29K | 20x | as long as short |
| Binance MRNAUSDT | +0.0024% | 8h | 173.83 | +0.006% | $2.2M | $11.2M | 20x | as long as short |
| Lighter MRNA | +0.0032% | 1h | 173.91 | +0.052% | $158K | $1.1M | 10x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.745% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 173.72 | −0.058% | $2K | $63K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 173.74 | −0.043% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 173.75 | −0.040% | $2.6M | $4.4M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.76 | −0.035% | $43K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0230% | 1h | 173.84 | +0.012% | $5K | $191K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0332% | 1h | 173.77 | −0.029% | $40K | $56K | 10x | as long as short |
Phemex MRNAUSDT
BloFin MRNA-USDT
Binance MRNAUSDT
Lighter MRNA
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Phoenix MRNA
SoDEX MRNA-USD