Funding you earn now, next payment 09:00 UTC+0.0008%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h +0.018%
Price spread now: Extended against Arcus+0.123%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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.123% dearer against Arcus than usual: you sell high and buy low, +$12 on $10k if it 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 | 172.47 | 0.0040 | pay 0.0005% / 1h | 59m 25s | $2K | $65K | 10x |
| Short | Extended MRNA-USD | 172.68 | 0.0048 | get 0.0006% / 1h | 59m 25s | $32K | $32K | 10x |
Arcus MRNA-USD
Extended MRNA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $1.62
- Price spread: +0.123% → 0.000%
- $12.33
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $4.46
- Costs to cover
- 0.095%
- Break-even
- from the start
Slippage unknown: Arcus: no order-book sample; Extended: 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 Arcus no order-book sample | — | — | — | — | — |
| Sell Extended no order-book sample | — | — | — | — | — |
Arcus and Extended: 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 | −0.0208% | 1h | 172.46 | −0.006% | $155K | $1.2M | 10x | as long as short |
| tradeXYZ xyz:MRNA | −0.0025% | 1h | 172.40 | −0.041% | $2.5M | $4.3M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.50 | +0.017% | $26K | $82K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.44 | −0.016% | $2.1M | $11.2M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.50 | +0.017% | $936K | $600K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.22 | −0.145% | $1.3M | $5.4M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.47 | 0.000% | $880K | $977K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.50 | +0.017% | $2.6M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 172.43 | −0.022% | $57K | $92K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.40 | −0.040% | $84 | $142K | 10x | as long as short |
Lighter MRNA
tradeXYZ xyz:MRNA
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 | 172.39 | −0.046% | $14K | $430K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.46 | −0.006% | $1.6M | $637K | 20x | as long as short |
| QFEX MRNA-USD | +0.0001% | 1h | 172.54 | +0.041% | $1.1M | $2.6M | 10x | as long as short |
| edgeX MRNAUSDC | +0.0010% | 4h | 172.38 | −0.052% | $3K | $251K | 10x | as long as short |
| BloFin MRNA-USDT | +0.0019% | 8h | 172.52 | +0.029% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.030% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USDlong | +0.0040% | 1h | 172.47 | long leg | $2K | $65K | 10x | |
| Extended MRNA-USDshort | +0.0048% | 1h | 172.68 | +0.123% | $32K | $32K | 10x | |
| SoDEX MRNA-USD | +0.0050% | 1h | 172.44 | −0.017% | $40K | $55K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.27 | −0.116% | $43K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0230% | 1h | 172.34 | −0.075% | $5K | $191K | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
QFEX MRNA-USD
edgeX MRNAUSDC
BloFin MRNA-USDT
Injective MRNA/USDC PERP
SoDEX MRNA-USD
Ondo Perps MRNA-USD.P
Phoenix MRNA