Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance+0.094%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$940.942% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 7 days−0.166%−$17 · spread now +0.094%, 7d avg −0.055%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.149% dearer against Binance than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MRNAUSDT | 169.90 | 0 | get 0.0000% / 8h | 6h 56m | $2.1M | $11.7M | 20x |
| Short | OKX MRNA-USDT-SWAP | 170.06 | 0 | get 0.0000% / 8h | 6h 56m | $1.2M | $5.4M | 20x |
Binance MRNAUSDT
OKX MRNA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: +0.094% → −0.055%
- $14.87
- Slippage, 4 orders
- −$74.22
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$79.34
- Costs to cover
- 0.942%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; OKX: live order book, 1 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, 13 min ago | 2.36 bp | 19.4 bp −$19 | 39.2 bp −$392 | 569.1 bp −$56.9K | doesn't fit |
| Sell OKX live order book, 1 min ago | 5.30 bp | 30.0 bp −$30 | 257.7 bp −$2,577 | 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 MRNAUSDC | −0.0111% | 4h | 170.02 | +0.070% | $3K | $254K | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 170.05 | +0.088% | $26K | $81K | 20x | as long as short |
| Binance MRNAUSDTlong | 0.0000% | 8h | 169.90 | long leg | $2.1M | $11.7M | 20x | |
| Bybit MRNAUSDT | 0.0000% | 8h | 169.81 | −0.053% | $916K | $623K | 25x | as long as short |
| OKX MRNA-USDT-SWAPshort | 0.0000% | 8h | 170.06 | +0.094% | $1.2M | $5.4M | 20x | |
| QFEX MRNA-USD | 0.0000% | 1h | 169.87 | −0.018% | $1.1M | $2.5M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 169.86 | −0.024% | $862K | $971K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 169.76 | −0.082% | $2.6M | $11.1M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 170.41 | +0.302% | $57K | $95K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 170.32 | +0.247% | $296 | $131K | 10x | as long as short |
edgeX MRNAUSDC
Aster MRNAUSDT
Bybit MRNAUSDT
QFEX MRNA-USD
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 | 169.79 | −0.064% | $13K | $433K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 169.88 | −0.012% | $1.5M | $675K | 20x | as long as short |
| BloFin MRNA-USDT | +0.0016% | 8h | 169.84 | −0.035% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −6.639% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 169.91 | +0.006% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 169.84 | −0.038% | $31K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 169.85 | −0.029% | $2.6M | $4.6M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 169.90 | 0.000% | $39K | $55K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 169.71 | −0.112% | $42K | $38K | 5x | as long as short |
| Phoenix MRNA | +0.0278% | 1h | 169.91 | +0.006% | $5K | $205K | 10x | as long as short |
| Lighter MRNA | +0.0440% | 1h | 170.11 | +0.124% | $237K | $1.5M | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Ondo Perps MRNA-USD.P
Phoenix MRNA
Lighter MRNA