Funding you earn now, next payment 08:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.35 per $10,000 · paid last 24h −0.012%
Price spread now: Variational Omni against Binance−0.037%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.037% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MRNAUSDT | 172.14 | 0.0164 | pay 0.0164% / 8h | 7h 02m | $2.1M | $11.5M | 20x |
| Short | Variational Omni MRNA | 172.08 | 0.0129 | get 0.0129% / 8h | 7h 02m | $49K | $89K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$7.36
- Price spread: −0.037% → 0.000%
- −$3.66
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$21.03
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 7 min ago; Variational Omni: 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 Binance live order book, 7 min ago | 1.16 bp | 13.3 bp −$13 | 49.7 bp −$497 | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRNAUSDT | 0.0000% | 8h | 172.15 | +0.006% | $29K | $81K | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.14 | −0.001% | $934K | $1.0M | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.12 | −0.012% | $1.3M | $5.2M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.09 | −0.030% | $1.2M | $2.7M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.00 | −0.082% | $863K | $1.1M | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 171.97 | −0.099% | $2.6M | $10.6M | 20x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 172.09 | −0.029% | $12K | $428K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.10 | −0.024% | $1.5M | $650K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −7.855% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.03 | −0.065% | $2K | $65K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended MRNA-USD | +0.0048% | 1h | 172.06 | −0.048% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.07 | −0.041% | $2.7M | $4.4M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 171.98 | −0.094% | $43K | $39K | 5x | as long as short |
| Variational Omni MRNAshort | +0.0129% | 8h | 172.08 | −0.037% | $49K | $89K | — | |
| Binance MRNAUSDTlong | +0.0164% | 8h | 172.14 | long leg | $2.1M | $11.5M | 20x | |
| BloFin MRNA-USDT | +0.0178% | 8h | 172.06 | −0.047% | $44K | $29K | 20x | as long as short |
| Lighter MRNA | +0.0216% | 1h | 172.14 | −0.001% | $111K | $1.1M | 10x | as long as short |
| Phoenix MRNA | +0.0231% | 1h | 172.06 | −0.047% | $5K | $193K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0241% | 1h | 172.13 | −0.007% | $40K | $66K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0416% | 4h | 172.14 | +0.001% | $3K | $245K | 10x | as long as short |
| GRVT MRNA_USDT_Perp | +0.0667% | 8h | 172.13 | −0.008% | $201 | $155K | 10x | as long as short |
Binance MRNAUSDT
Variational Omni MRNA
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Extended MRNA-USD
tradeXYZ xyz:MRNA
BloFin MRNA-USDT
Lighter MRNA
Phoenix MRNA
SoDEX MRNA-USD
edgeX MRNAUSDC
GRVT MRNA_USDT_Perp