Funding you earn now, next payment 06:00 UTC+0.0470%/8h= +51.4% APRpaid last 24h +0.025%
Price spread now: edgeX against Arcus+0.108%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and edgeX is 0.108% dearer against Arcus than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus MRNA-USD | 172.90 | 0.0040 | pay 0.0005% / 1h | 44m 59s | $2K | $65K | 10x |
| Short | edgeX MRNAUSDC | 173.09 | 0.0510 | get 0.0255% / 4h | 2h 44m | $3K | $248K | 10x |
Arcus MRNA-USD
edgeX MRNAUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Arcus. 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
- $98.66
- Price spread: +0.108% → 0.000%
- $10.81
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $95.96
- Costs to cover
- 0.135%
- Break-even
- 0.2 days
Slippage unknown: Arcus: no order-book sample; edgeX: live order book, 2 min ago. 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 Arcus no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 2 min ago | 1.73 bp | 8.5 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
Arcus: 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter MRNA | −0.1112% | 1h | 173.22 | +0.185% | $156K | $1.2M | 10x | as long as short |
| BloFin MRNA-USDT | −0.0016% | 8h | 173.15 | +0.145% | $45K | $29K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.95 | +0.030% | $26K | $83K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 173.16 | +0.153% | $2.1M | $11.4M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.14 | +0.139% | $941K | $620K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.05 | +0.087% | $1.3M | $5.3M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.96 | +0.035% | $864K | $998K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.11 | +0.121% | $2.7M | $10.4M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 173.09 | +0.110% | $55K | $96K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.09 | +0.111% | $235 | $148K | 10x | as long as short |
Lighter MRNA
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
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 | 173.25 | +0.204% | $13K | $430K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 173.14 | +0.139% | $1.6M | $650K | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.94 | +0.023% | $1.1M | $2.6M | 10x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.259% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USDlong | +0.0040% | 1h | 172.90 | long leg | $2K | $65K | 10x | |
| Extended MRNA-USD | +0.0048% | 1h | 172.99 | +0.053% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 173.00 | +0.058% | $2.6M | $4.5M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.89 | −0.006% | $42K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0185% | 1h | 172.84 | −0.035% | $5K | $191K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0460% | 1h | 173.11 | +0.121% | $40K | $56K | 10x | as long as short |
| edgeX MRNAUSDCshort | +0.0510% | 4h | 173.09 | +0.108% | $3K | $248K | 10x |
HTX MRNA-USDT
Phemex MRNAUSDT
QFEX MRNA-USD
Injective MRNA/USDC PERP
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Phoenix MRNA
SoDEX MRNA-USD