Funding you earn now, next payment 06:00 UTC−0.1112%/8h= −121.8% APRpaid last 24h +0.072%
Price spread now: Lighter against Binance+0.017%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$430.435% of the position
Funding, last 7 days+0.304%+$30 on $10k
+Price spread, last 7 days+0.081%+$8 · spread now +0.017%, 7d avg +0.013%
=Together, before fees+0.385%+ Points / potential airdropLighter: Season 3 · farm board+$39 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: −$33 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.304%, 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 0.304% in total (about 15.9% 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 | Binance MRNAUSDT | 173.18 | 0 | get 0.0000% / 8h | 2h 45m | $2.1M | $11.4M | 20x |
| Short | Lighter MRNA | 173.21 | −0.1112 | pay 0.0139% / 1h | 45m 23s | $156K | $1.2M | 10x |
Binance MRNAUSDT
Lighter MRNAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$233.52
- Price spread: +0.017% → +0.013%
- $0.43
- Slippage, 4 orders
- −$33.49
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$276.59
- Costs to cover
- 0.435%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Lighter: live order book, 6 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, 10 min ago | 0.87 bp | 10.6 bp −$11 | 56.8 bp −$568 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 3.46 bp | 6.8 bp −$7 | 30.8 bp −$308 | 189.3 bp −$18.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter MRNAshort | −0.1112% | 1h | 173.21 | +0.017% | $156K | $1.2M | 10x | |
| Aster MRNAUSDT | 0.0000% | 8h | 173.02 | −0.093% | $26K | $83K | 20x | as long as short |
| Binance MRNAUSDTlong | 0.0000% | 8h | 173.18 | long leg | $2.1M | $11.4M | 20x | |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.14 | −0.023% | $941K | $620K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.88 | −0.173% | $1.3M | $5.3M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.92 | −0.150% | $864K | $998K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.16 | −0.012% | $2.7M | $10.4M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 173.09 | −0.052% | $55K | $96K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.09 | −0.051% | $235 | $148K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 172.87 | −0.182% | $13K | $431K | 20x | as long as short |
Aster 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 | 173.10 | −0.046% | $1.6M | $650K | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.94 | −0.139% | $1.1M | $2.6M | 10x | as long as short |
| BloFin MRNA-USDT | +0.0005% | 8h | 172.94 | −0.139% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.407% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.90 | −0.162% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.99 | −0.108% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 173.01 | −0.098% | $2.6M | $4.5M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.89 | −0.167% | $42K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0185% | 1h | 172.84 | −0.196% | $5K | $191K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0445% | 1h | 173.14 | −0.023% | $40K | $56K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0510% | 4h | 173.09 | −0.054% | $3K | $248K | 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