Funding you earn now, next payment 03:00 UTC−0.1232%/8h= −134.9% APRpaid last 24h −0.096%
Price spread now: Aster against Lighter−0.095%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.318%−$32 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and Aster is 0.095% cheaper against Lighter than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.318% in total (about -16.6% 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 | Lighter MRNA | 173.93 | 0.1232 | pay 0.0154% / 1h | 1m 53s | $104K | $1.1M | 10x |
| Short | Aster MRNAUSDT | 173.76 | 0 | get 0.0000% / 8h | 5h 01m | $28K | $82K | 20x |
Lighter MRNA
Aster MRNAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter. 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
- −$258.72
- Price spread: −0.095% → 0.000%
- −$9.52
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$276.24
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 4 min ago; Aster: no order-book sample. 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 Lighter live order book, 4 min ago | 3.16 bp | 4.1 bp −$4 | 31.1 bp −$311 | 170.9 bp −$17.1K | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRNAUSDTshort | 0.0000% | 8h | 173.76 | −0.095% | $28K | $82K | 20x | |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.88 | −0.029% | $944K | $658K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.77 | −0.092% | $1.3M | $5.3M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 173.76 | −0.098% | $1.1M | $2.7M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 173.86 | −0.040% | $869K | $1.0M | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.69 | −0.138% | $2.7M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 173.96 | +0.015% | $49K | $89K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.99 | +0.037% | $592 | $148K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 173.39 | −0.312% | $13K | $433K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 173.95 | +0.011% | $1.6M | $641K | 20x | as long as short |
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.802% | $18K | $8K | 12x | as long as short |
| Binance MRNAUSDT | +0.0040% | 8h | 173.90 | −0.016% | $2.2M | $11.3M | 20x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 173.79 | −0.080% | $2K | $63K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.60 | −0.190% | $43K | $35K | 5x | as long as short |
| BloFin MRNA-USDT | +0.0069% | 8h | 173.88 | −0.029% | $45K | $29K | 20x | as long as short |
| Extended MRNA-USD | +0.0088% | 1h | 173.71 | −0.128% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0088% | 1h | 173.69 | −0.138% | $2.6M | $4.4M | 10x | as long as short |
| Phoenix MRNA | +0.0185% | 1h | 173.93 | 0.000% | $5K | $189K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0303% | 1h | 173.88 | −0.029% | $40K | $56K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0597% | 4h | 173.96 | +0.019% | $3K | $245K | 10x | as long as short |
| Lighter MRNAlong | +0.1232% | 1h | 173.93 | long leg | $104K | $1.1M | 10x |
Injective MRNA/USDC PERP
Binance MRNAUSDT
Arcus MRNA-USD
Ondo Perps MRNA-USD.P
BloFin MRNA-USDT
Extended MRNA-USD
tradeXYZ xyz:MRNA
Phoenix MRNA
SoDEX MRNA-USD
edgeX MRNAUSDC