Funding you earn now, next payment 06:00 UTC−0.1200%/8h= −131.4% APRpaid last 24h +0.102%
Price spread now: Lighter against Aster+0.149%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.333%+$33 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.149% dearer against Aster than usual: you sell high and buy low (spread +0.149% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$36 a day in funding at the current rate, which eats that in about 10 hours. Mind the row above: over the last 7 days funding on this pair paid +0.333%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.333% in total (about 17.4% 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 | Aster MRNAUSDT | 172.88 | 0 | get 0.0000% / 8h | 2h 48m | $26K | $83K | 20x |
| Short | Lighter MRNA | 173.14 | −0.1200 | pay 0.0150% / 1h | 48m 08s | $156K | $1.2M | 10x |
Aster MRNAUSDT
Lighter MRNAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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
- −$252
- Price spread: +0.149% → 0.000%
- $14.87
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$245.13
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; Lighter: live order book, 3 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 Aster no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 3 min ago | 3.46 bp | 6.8 bp −$7 | 30.8 bp −$308 | 189.3 bp −$18.9K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter MRNAshort | −0.1200% | 1h | 173.14 | +0.149% | $156K | $1.2M | 10x | |
| Aster MRNAUSDTlong | 0.0000% | 8h | 172.88 | long leg | $26K | $83K | 20x | |
| Binance MRNAUSDT | 0.0000% | 8h | 173.11 | +0.131% | $2.1M | $11.4M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.00 | +0.068% | $940K | $620K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.88 | −0.002% | $1.3M | $5.3M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.87 | −0.007% | $863K | $998K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.03 | +0.085% | $2.7M | $10.4M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 172.99 | +0.062% | $55K | $96K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.05 | +0.096% | $242 | $148K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 172.84 | −0.027% | $13K | $430K | 20x | as long as short |
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
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 | 173.02 | +0.079% | $1.6M | $651K | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.77 | −0.065% | $1.1M | $2.6M | 10x | as long as short |
| BloFin MRNA-USDT | +0.0025% | 8h | 173.05 | +0.097% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.250% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.82 | −0.036% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.85 | −0.018% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.88 | −0.002% | $2.6M | $4.5M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.79 | −0.054% | $42K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0185% | 1h | 172.83 | −0.031% | $5K | $191K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0391% | 1h | 172.94 | +0.033% | $40K | $56K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0606% | 4h | 173.01 | +0.075% | $3K | $247K | 10x | as long as short |
Phemex MRNAUSDT
QFEX MRNA-USD
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Phoenix MRNA
SoDEX MRNA-USD
edgeX MRNAUSDC