Funding you earn now, next payment 08:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.004%
Price spread now: tradeXYZ against Bitget−0.029%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$510.512% of the position
Funding, last 7 days+0.144%+$14 on $10k
+Price spread, last 7 days−0.011%−$1 · spread now −0.029%, 7d avg −0.049%
=Together, before fees+0.133%+ Points / potential airdroptradeXYZ: Active · farm board+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.049%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MRNAUSDT | 172.38 | 0 | get 0.0000% / 8h | 4m 15s | $2.6M | $10.5M | 20x |
| Short | tradeXYZ xyz:MRNA | 172.33 | 0.0052 | get 0.0007% / 1h | 4m 15s | $2.5M | $4.3M | 10x |
Bitget MRNAUSDT
tradeXYZ xyz:MRNAFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.97
- Price spread: −0.029% → −0.049%
- $1.99
- Slippage, 4 orders
- −$21.25
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$38.28
- Costs to cover
- 0.512%
- Break-even
- 31.4 days
Slippage from Bitget: live order book, 4 min ago; tradeXYZ: live order book, 4 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, 4 min ago | 4.35 bp | 14.1 bp −$14 | 36.1 bp −$361 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 2.03 bp | 14.3 bp −$14 | 20.9 bp −$209 | 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 | −0.0297% | 4h | 172.39 | +0.004% | $3K | $251K | 10x | as long as short |
| Lighter MRNA | −0.0168% | 1h | 172.68 | +0.174% | $155K | $1.2M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.47 | +0.052% | $26K | $82K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.49 | +0.063% | $2.1M | $11.2M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.45 | +0.041% | $936K | $600K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.43 | +0.029% | $1.3M | $5.4M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.54 | +0.093% | $880K | $984K | 20x | as long as short |
| Bitget MRNAUSDTlong | 0.0000% | 8h | 172.38 | long leg | $2.6M | $10.5M | 20x | |
| Variational Omni MRNA | 0.0000% | 8h | 172.34 | −0.022% | $57K | $92K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.43 | +0.029% | $91 | $142K | 10x | as long as short |
edgeX MRNAUSDC
Lighter MRNA
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
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 | 172.46 | +0.044% | $14K | $430K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.45 | +0.041% | $1.6M | $637K | 20x | as long as short |
| QFEX MRNA-USD | +0.0001% | 1h | 172.28 | −0.058% | $1.1M | $2.5M | 10x | as long as short |
| BloFin MRNA-USDT | +0.0022% | 8h | 172.53 | +0.087% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −7.982% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.37 | −0.006% | $2K | $65K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 172.43 | +0.029% | $40K | $55K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.14 | −0.139% | $43K | $35K | 5x | as long as short |
| tradeXYZ xyz:MRNAshort | +0.0052% | 1h | 172.33 | −0.029% | $2.5M | $4.3M | 10x | |
| Extended MRNA-USD | +0.0056% | 1h | 172.31 | −0.040% | $32K | $32K | 10x | as long as short |
| Phoenix MRNA | +0.0230% | 1h | 172.43 | +0.029% | $5K | $191K | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
QFEX MRNA-USD
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
SoDEX MRNA-USD
Ondo Perps MRNA-USD.P
Extended MRNA-USD
Phoenix MRNA