Funding you earn now, next payment 04:00 UTC−0.0361%/8h= −39.6% APRpaid last 24h +0.016%
Price spread now: edgeX against Binance+0.034%90s7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$420.421% of the position
Funding, last 7 days−0.367%−$37 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now +0.034%, 7d avg −0.036%
=Together, before fees−0.250%+ Points / potential airdropedgeX: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.070% dearer against Binance than usual: you sell high and buy low (spread +0.034% now, against its 7-day average of −0.036%): +$7 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.367% in total) that is about 32 hours. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MRNAUSDT | 173.83 | 0.0024 | pay 0.0024% / 8h | 4h 36m | $2.2M | $11.2M | 20x |
| Short | edgeX MRNAUSDC | 173.89 | −0.0337 | pay 0.0169% / 4h | 36m 08s | $3K | $245K | 10x |
Binance MRNAUSDT
edgeX MRNAUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- −$75.91
- Price spread: +0.034% → −0.036%
- $6.98
- Slippage, 4 orders
- −$23.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$111.02
- Costs to cover
- 0.421%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; edgeX: live order book, 21 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 Binance live order book, 4 min ago | 1.44 bp | 9.3 bp −$9 | 45.6 bp −$456 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 21 min ago | 1.73 bp | 8.8 bp −$9 | doesn't fit | 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 MRNAUSDCshort | −0.0337% | 4h | 173.89 | +0.034% | $3K | $245K | 10x | |
| Aster MRNAUSDT | 0.0000% | 8h | 173.85 | +0.012% | $28K | $82K | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.91 | +0.046% | $947K | $615K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.65 | −0.104% | $1.3M | $5.2M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 173.62 | −0.121% | $1.1M | $2.7M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 173.82 | −0.006% | $869K | $998K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.75 | −0.046% | $2.8M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 173.77 | −0.032% | $49K | $89K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.88 | +0.029% | $490 | $146K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 173.74 | −0.051% | $13K | $433K | 20x | as long as short |
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
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 | 173.84 | +0.006% | $1.6M | $640K | 20x | as long as short |
| BloFin MRNA-USDT | +0.0015% | 8h | 173.87 | +0.023% | $45K | $29K | 20x | as long as short |
| Binance MRNAUSDTlong | +0.0024% | 8h | 173.83 | long leg | $2.2M | $11.2M | 20x | |
| Lighter MRNA | +0.0032% | 1h | 173.91 | +0.046% | $158K | $1.1M | 10x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.750% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 173.72 | −0.063% | $2K | $63K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 173.74 | −0.049% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 173.75 | −0.046% | $2.6M | $4.4M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.76 | −0.040% | $43K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0230% | 1h | 173.84 | +0.006% | $5K | $191K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0332% | 1h | 173.77 | −0.035% | $40K | $56K | 10x | as long as short |
Phemex MRNAUSDT
BloFin MRNA-USDT
Lighter MRNA
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Phoenix MRNA
SoDEX MRNA-USD