Funding you earn now, next payment 08:00 UTC−0.0862%/8h= −94.4% APRpaid last 24h −0.037%
Price spread now: Bybit against edgeX+0.013%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1191.192% of the position
Funding, last 7 days+0.363%+$36 on $10k
+Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.013%, 7d avg −0.006%
=Together, before fees+0.208%+ Points / potential airdropedgeX: Active · farm board+$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: −$26 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.363%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.363% in total (about 18.9% 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 | 172.20 | 0.0862 | pay 0.0431% / 4h | 1h 53m | $3K | $248K | 10x |
| Short | Bybit MRNAUSDT | 172.22 | 0 | get 0.0000% / 8h | 1h 53m | $935K | $620K | 25x |
edgeX MRNAUSDC
Bybit MRNAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$181.06
- Price spread: +0.013% → −0.006%
- $1.82
- Slippage, 4 orders
- −$99.22
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$298.46
- Costs to cover
- 1.192%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 54 min ago; Bybit: live order book, 17 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, 54 min ago | 1.73 bp | 8.6 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 17 min ago | 6.95 bp | 22.5 bp −$23 | 710.9 bp −$7,109 | 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 | −0.0440% | 1h | 172.44 | +0.140% | $156K | $1.2M | 10x | as long as short |
| BloFin MRNA-USDT | −0.0020% | 8h | 172.38 | +0.106% | $45K | $29K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.20 | +0.003% | $26K | $83K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.17 | −0.017% | $2.1M | $11.4M | 20x | as long as short |
| Bybit MRNAUSDTshort | 0.0000% | 8h | 172.22 | +0.013% | $935K | $620K | 25x | |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.25 | +0.030% | $1.3M | $5.4M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.09 | −0.063% | $1.1M | $2.5M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.27 | +0.042% | $860K | $994K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.20 | +0.001% | $2.6M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 172.24 | +0.027% | $56K | $96K | — | as long as short |
Lighter MRNA
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNAShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.33 | +0.077% | $605 | $147K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 172.15 | −0.028% | $14K | $431K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.23 | +0.018% | $1.6M | $654K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −7.885% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.17 | −0.016% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.05 | −0.086% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.07 | −0.074% | $2.5M | $4.5M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 172.14 | −0.034% | $40K | $56K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.50 | +0.175% | $43K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0185% | 1h | 172.52 | +0.187% | $5K | $191K | 10x | as long as short |
| edgeX MRNAUSDClong | +0.0862% | 4h | 172.20 | long leg | $3K | $248K | 10x |
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Ondo Perps MRNA-USD.P
Phoenix MRNA