Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.029%
Price spread now: Binance against Bybit+0.052%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1621.615% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now +0.052%, 7d avg +0.046%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MRNAUSDT | 173.65 | 0 | get 0.0000% / 8h | 58m 02s | $943K | $607K | 25x |
| Short | Binance MRNAUSDT | 173.74 | 0 | get 0.0000% / 8h | 58m 02s | $2.1M | $11.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: +0.052% → +0.046%
- $0.56
- Slippage, 4 orders
- −$140.53
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$160.97
- Costs to cover
- 1.615%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 7 min ago; Binance: live order book, 12 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 Bybit live order book, 7 min ago | 6.05 bp | 97.6 bp −$98 | 632.7 bp −$6,327 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.44 bp | 16.9 bp −$17 | 68.9 bp −$689 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRNA-USDT | −0.0017% | 8h | 173.50 | −0.086% | $45K | $30K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 173.65 | 0.000% | $27K | $83K | 20x | as long as short |
| Binance MRNAUSDTshort | 0.0000% | 8h | 173.74 | +0.052% | $2.1M | $11.3M | 20x | |
| Bybit MRNAUSDTlong | 0.0000% | 8h | 173.65 | long leg | $943K | $607K | 25x | |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.58 | −0.040% | $1.3M | $5.5M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 173.60 | −0.029% | $1.1M | $2.5M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 173.59 | −0.035% | $867K | $966K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.48 | −0.098% | $2.7M | $10.6M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 173.74 | +0.054% | $58K | $96K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.77 | +0.069% | $445 | $144K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRNA-USDT | 0.0000% | 8h | 173.35 | −0.172% | $13K | $430K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 173.71 | +0.035% | $1.6M | $645K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.655% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 173.19 | −0.265% | $2K | $65K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.32 | −0.190% | $43K | $35K | 5x | as long as short |
| Extended MRNA-USD | +0.0072% | 1h | 173.55 | −0.057% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0156% | 1h | 173.60 | −0.029% | $2.6M | $4.5M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0218% | 1h | 173.64 | −0.006% | $40K | $57K | 10x | as long as short |
| Phoenix MRNA | +0.0232% | 1h | 173.93 | +0.161% | $5K | $191K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0285% | 4h | 173.75 | +0.057% | $3K | $250K | 10x | as long as short |
| Lighter MRNA | +0.0704% | 1h | 173.88 | +0.132% | $156K | $1.2M | 10x | as long as short |
Bybit MRNAUSDT
Binance MRNAUSDT
BloFin MRNA-USDT
Aster MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Phoenix MRNA
edgeX MRNAUSDC
Lighter MRNA