Funding you earn now, next payment 08:00 UTC+0.0706%/8h= +77.3% APRpaid last 24h −0.010%
Price spread now: Bitget against edgeX−0.006%84s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$480.477% of the position
Funding, last 7 days+0.431%+$43 on $10k
+Price spread, last 4 days (all we have)−0.101%−$10 · spread now −0.006%, 7d avg +0.012%
=Together, before fees+0.330%+ Points / potential airdropedgeX: Active · farm board+$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: +$21 a day on $10k at the current rate. The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.431% in total (about 22.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MRNAUSDC | 172.60 | −0.0706 | get 0.0353% / 4h | 2h 06m | $3K | $248K | 10x |
| Short | Bitget MRNAUSDT | 172.59 | 0 | get 0.0000% / 8h | 2h 06m | $2.6M | $10.6M | 20x |
edgeX MRNAUSDC
Bitget MRNAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against edgeX. 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
- $148.33
- Price spread: −0.006% → +0.012%
- −$1.72
- Slippage, 4 orders
- −$26.74
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $98.86
- Costs to cover
- 0.477%
- Break-even
- 2.3 days
Slippage from edgeX: live order book, 41 min ago; Bitget: 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 edgeX live order book, 41 min ago | 1.73 bp | 8.6 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 4.92 bp | 15.1 bp −$15 | 47.6 bp −$476 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter MRNA | −0.1024% | 1h | 172.93 | +0.191% | $156K | $1.2M | 10x | as long as short |
| edgeX MRNAUSDClong | −0.0706% | 4h | 172.60 | long leg | $3K | $248K | 10x | |
| Aster MRNAUSDT | 0.0000% | 8h | 172.70 | +0.058% | $26K | $83K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.67 | +0.041% | $2.1M | $11.4M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.60 | 0.000% | $937K | $621K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.60 | 0.000% | $1.3M | $5.4M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.55 | −0.029% | $862K | $999K | 20x | as long as short |
| Bitget MRNAUSDTshort | 0.0000% | 8h | 172.59 | −0.006% | $2.6M | $10.6M | 20x | |
| Variational Omni MRNA | 0.0000% | 8h | 172.60 | +0.003% | $56K | $96K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.58 | −0.012% | $2 | $148K | 10x | as long as short |
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 | 172.66 | +0.035% | $14K | $431K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.62 | +0.012% | $1.6M | $654K | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.52 | −0.046% | $1.1M | $2.5M | 10x | as long as short |
| BloFin MRNA-USDT | +0.0024% | 8h | 172.66 | +0.035% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.100% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.51 | −0.052% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.56 | −0.023% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.56 | −0.023% | $2.5M | $4.5M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.47 | −0.075% | $43K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0185% | 1h | 172.64 | +0.023% | $5K | $191K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0229% | 1h | 172.62 | +0.012% | $40K | $56K | 10x | as long as short |
HTX MRNA-USDT
Phemex MRNAUSDT
QFEX MRNA-USD
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Phoenix MRNA
SoDEX MRNA-USD