Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against QFEX+0.036%7-day average +0.184% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$620.621% of the position
Funding, last 4 days (all we have)+0.029%+$3 on $10k
+Price spread, last 7 days+0.039%+$4 · spread now +0.036%, 7d avg +0.184%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.148% cheaper against QFEX than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.184%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX MRNA-USD | 169.86 | 0 | get 0.0000% / 1h | 57m 13s | $1.1M | $2.5M | 10x |
| Short | Binance MRNAUSDT | 169.92 | 0 | get 0.0000% / 8h | 6h 57m | $2.1M | $11.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against QFEX. 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: +0.036% → +0.184%
- −$14.82
- Slippage, 4 orders
- −$42.15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$76.97
- Costs to cover
- 0.621%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 5 min ago; Binance: live order book, 13 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 QFEX live order book, 5 min ago | 1.47 bp | 12.3 bp −$12 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.36 bp | 17.5 bp −$17 | 55.2 bp −$552 | 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 | −0.0111% | 4h | 170.02 | +0.093% | $3K | $254K | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 169.99 | +0.074% | $26K | $81K | 20x | as long as short |
| Binance MRNAUSDTshort | 0.0000% | 8h | 169.92 | +0.036% | $2.1M | $11.7M | 20x | |
| Bybit MRNAUSDT | 0.0000% | 8h | 169.77 | −0.053% | $916K | $623K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 169.87 | +0.006% | $1.2M | $5.4M | 20x | as long as short |
| QFEX MRNA-USDlong | 0.0000% | 1h | 169.86 | long leg | $1.1M | $2.5M | 10x | |
| Gate MRNA_USDT | 0.0000% | 8h | 169.85 | −0.006% | $862K | $971K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 169.86 | 0.000% | $2.6M | $11.1M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 170.41 | +0.326% | $57K | $95K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 170.32 | +0.271% | $296 | $131K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRNA-USDT | 0.0000% | 8h | 169.79 | −0.040% | $13K | $433K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 169.88 | +0.012% | $1.5M | $675K | 20x | as long as short |
| BloFin MRNA-USDT | +0.0016% | 8h | 169.84 | −0.012% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −6.617% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 169.86 | 0.000% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 169.86 | −0.003% | $31K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 169.90 | +0.024% | $2.6M | $4.6M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 169.90 | +0.024% | $39K | $55K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 169.71 | −0.088% | $43K | $38K | 5x | as long as short |
| Phoenix MRNA | +0.0278% | 1h | 169.91 | +0.029% | $5K | $205K | 10x | as long as short |
| Lighter MRNA | +0.0344% | 1h | 170.05 | +0.112% | $237K | $1.5M | 10x | as long as short |
Binance MRNAUSDT
edgeX MRNAUSDC
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDT
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Phoenix MRNA
Lighter MRNA