Funding you earn now, next payment 05:00 UTC+0.0726%/8h= +79.6% APRpaid last 24h +0.075%
Price spread now: Lighter against BloFin+0.052%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Lighter is 0.052% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MRNA-USDT | 174.46 | 0.0002 | pay 0.0002% / 8h | 3h 41m | $45K | $29K | 20x |
| Short | Lighter MRNA | 174.55 | 0.0728 | get 0.0091% / 1h | 41m 13s | $158K | $1.1M | 10x |
BloFin MRNA-USDT
Lighter MRNAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- $152.56
- Price spread: +0.052% → 0.000%
- $5.16
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $145.72
- Costs to cover
- 0.120%
- Break-even
- 0.3 days
Slippage unknown: BloFin: no order-book sample; Lighter: live order book, 5 min ago. 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 5 min ago | 3.15 bp | 4.7 bp −$5 | 36.7 bp −$367 | 187.9 bp −$18.8K | doesn't fit |
BloFin: 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MRNAUSDC | −0.0045% | 4h | 174.44 | −0.011% | $3K | $246K | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 174.35 | −0.061% | $28K | $82K | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 174.51 | +0.029% | $951K | $616K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 174.45 | −0.006% | $1.3M | $5.3M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 174.32 | −0.080% | $1.1M | $2.6M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 174.45 | −0.006% | $871K | $997K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 174.42 | −0.023% | $2.8M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 174.49 | +0.017% | $50K | $89K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 174.38 | −0.046% | $17 | $147K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 174.55 | +0.054% | $14K | $431K | 20x | as long as short |
edgeX MRNAUSDC
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
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 | 174.47 | +0.006% | $1.6M | $644K | 20x | as long as short |
| BloFin MRNA-USDTlong | +0.0002% | 8h | 174.46 | long leg | $45K | $29K | 20x | |
| Binance MRNAUSDT | +0.0015% | 8h | 174.42 | −0.023% | $2.2M | $11.3M | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −9.079% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 174.22 | −0.138% | $2K | $64K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 174.30 | −0.092% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 174.33 | −0.075% | $2.7M | $4.5M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 174.37 | −0.052% | $43K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0277% | 1h | 174.42 | −0.023% | $5K | $191K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0514% | 1h | 174.44 | −0.011% | $40K | $56K | 10x | as long as short |
| Lighter MRNAshort | +0.0728% | 1h | 174.55 | +0.052% | $158K | $1.1M | 10x |
Phemex MRNAUSDT
Binance MRNAUSDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Phoenix MRNA
SoDEX MRNA-USD