Funding you earn now, next payment 08:00 UTC+0.0517%/8h= +56.6% APRpaid last 24h −0.020%
Price spread now: Gate against edgeX−0.100%52s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as 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−$720.720% of the position
Funding, last 7 days+0.459%+$46 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.100%, 7d avg −0.018%
=Together, before fees+0.417%+ Points / potential airdropedgeX: Active · farm board+$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.082% cheaper against edgeX than usual: you would sell low and buy high (spread −0.100% now, against its 7-day average of −0.018%). If the spread goes back, that is −$8 on $10k: about 13 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.459% in total) that is about 30 hours. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MRNAUSDC | 174.17 | −0.0517 | get 0.0258% / 4h | 3h 18m | $3K | $247K | 10x |
| Short | Gate MRNA_USDT | 174.00 | 0 | get 0.0000% / 8h | 3h 18m | $870K | $999K | 20x |
edgeX MRNAUSDC
Gate MRNA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $108.52
- Price spread: −0.100% → −0.018%
- −$8.22
- Slippage, 4 orders
- −$47.98
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $28.32
- Costs to cover
- 0.720%
- Break-even
- 5.2 days
Slippage from edgeX: live order book, 34 min ago; Gate: live order book, 34 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, 34 min ago | 5.18 bp | 12.3 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 34 min ago | 12.08 bp | 22.7 bp −$23 | 1353.2 bp −$13.5K | 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 MRNAUSDClong | −0.0517% | 4h | 174.17 | long leg | $3K | $247K | 10x | |
| BloFin MRNA-USDT | −0.0006% | 8h | 174.35 | +0.101% | $45K | $29K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 173.87 | −0.177% | $28K | $82K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 173.95 | −0.129% | $2.2M | $11.3M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.88 | −0.169% | $948K | $615K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.80 | −0.215% | $1.3M | $5.2M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 173.90 | −0.158% | $1.1M | $2.6M | 10x | as long as short |
| Gate MRNA_USDTshort | 0.0000% | 8h | 174.00 | −0.100% | $870K | $999K | 20x | |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.90 | −0.158% | $2.8M | $10.4M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 174.17 | −0.003% | $56K | $96K | — | as long as short |
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
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 | 174.21 | +0.019% | $660 | $149K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 173.74 | −0.249% | $13K | $430K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 174.17 | −0.003% | $1.6M | $643K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.930% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 174.00 | −0.100% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 173.83 | −0.198% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 173.80 | −0.215% | $2.7M | $4.5M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.94 | −0.135% | $43K | $35K | 5x | as long as short |
| SoDEX MRNA-USD | +0.0183% | 1h | 174.09 | −0.048% | $40K | $56K | 10x | as long as short |
| Phoenix MRNA | +0.0277% | 1h | 174.10 | −0.043% | $5K | $191K | 10x | as long as short |
| Lighter MRNA | +0.0656% | 1h | 174.26 | +0.049% | $158K | $1.1M | 10x | as long as short |
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
SoDEX MRNA-USD
Phoenix MRNA
Lighter MRNA