Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.084%
Price spread now: Lighter against Bitget+0.075%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$350.348% of the position
Funding, last 7 days+0.264%+$26 on $10k
+Price spread, last 7 days−0.014%−$1 · spread now +0.075%, 7d avg +0.028%
=Together, before fees+0.250%+ Points / potential airdropLighter: Season 3 · farm board+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.047% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MRNAUSDT | 173.65 | 0 | get 0.0000% / 8h | 4h 13m | $2.8M | $10.6M | 20x |
| Short | Lighter MRNA | 173.78 | 0.0032 | get 0.0004% / 1h | 13m 48s | $157K | $1.1M | 10x |
Bitget MRNAUSDT
Lighter MRNAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- $6.72
- Price spread: +0.075% → +0.028%
- $4.67
- Slippage, 4 orders
- −$22.8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$23.41
- Costs to cover
- 0.348%
- Break-even
- 31.4 days
Slippage from Bitget: live order book, 5 min ago; Lighter: live order book, 2 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 Bitget live order book, 5 min ago | 4.03 bp | 12.5 bp −$12 | 35.0 bp −$350 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 2.59 bp | 5.3 bp −$5 | 28.7 bp −$287 | 191.6 bp −$19.2K | 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 | −0.0570% | 4h | 173.71 | +0.033% | $3K | $247K | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 173.72 | +0.039% | $28K | $82K | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.71 | +0.035% | $946K | $615K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.55 | −0.058% | $1.3M | $5.2M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 173.58 | −0.040% | $1.1M | $2.6M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 173.68 | +0.017% | $868K | $1.0M | 20x | as long as short |
| Bitget MRNAUSDTlong | 0.0000% | 8h | 173.65 | long leg | $2.8M | $10.6M | 20x | |
| Variational Omni MRNA | 0.0000% | 8h | 173.70 | +0.031% | $49K | $89K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.78 | +0.073% | $238 | $146K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 173.72 | +0.039% | $14K | $431K | 20x | as long as short |
edgeX MRNAUSDC
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
Gate MRNA_USDT
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 | 173.70 | +0.029% | $1.6M | $640K | 20x | as long as short |
| Binance MRNAUSDT | +0.0031% | 8h | 173.61 | −0.023% | $2.2M | $11.2M | 20x | as long as short |
| Lighter MRNAshort | +0.0032% | 1h | 173.78 | +0.075% | $157K | $1.1M | 10x | |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.655% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 173.61 | −0.023% | $2K | $63K | 10x | as long as short |
| BloFin MRNA-USDT | +0.0042% | 8h | 173.87 | +0.127% | $45K | $29K | 20x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 173.52 | −0.075% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 173.48 | −0.098% | $2.7M | $4.4M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.44 | −0.121% | $43K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0230% | 1h | 173.66 | +0.006% | $5K | $191K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0386% | 1h | 173.68 | +0.017% | $40K | $56K | 10x | as long as short |
Phemex MRNAUSDT
Binance MRNAUSDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
BloFin MRNA-USDT
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Phoenix MRNA
SoDEX MRNA-USD