Funding you earn now, next payment 10:00 UTC+0.0551%/8h= +60.4% APRpaid last 24h +0.039%
Price spread now: Lighter against edgeX+0.054%49s7-day average +0.056% · you sell dearer than you buy
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−$400.405% of the position
Funding, last 7 days+0.663%+$66 on $10k
+Price spread, last 4 days (all we have)−0.211%−$21 · spread now +0.054%, 7d avg +0.056%
=Together, before fees+0.451%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board+$45 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: +$17 a day on $10k at the current rate. The two prices were read 49 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 | 170.02 | −0.0111 | get 0.0056% / 4h | 2h 56m | $3K | $254K | 10x |
| Short | Lighter MRNA | 170.11 | 0.0440 | get 0.0055% / 1h | 56m 33s | $237K | $1.5M | 10x |
edgeX MRNAUSDC
Lighter MRNAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $115.77
- Price spread: +0.054% → +0.056%
- −$0.18
- Slippage, 4 orders
- −$31.48
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $75.11
- Costs to cover
- 0.405%
- Break-even
- 2.5 days
Slippage from edgeX: live order book, 36 min ago; Lighter: live order book, 5 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, 36 min ago | 2.96 bp | 10.4 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 4.69 bp | 10.8 bp −$11 | 35.7 bp −$357 | 194.5 bp −$19.5K | 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 | −0.0111% | 4h | 170.02 | long leg | $3K | $254K | 10x | |
| Aster MRNAUSDT | 0.0000% | 8h | 170.05 | +0.018% | $26K | $81K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 169.90 | −0.070% | $2.1M | $11.7M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 169.81 | −0.123% | $916K | $623K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 170.06 | +0.024% | $1.2M | $5.4M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 169.87 | −0.087% | $1.1M | $2.5M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 169.86 | −0.093% | $862K | $971K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 169.76 | −0.152% | $2.6M | $11.1M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 170.41 | +0.232% | $57K | $95K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 170.32 | +0.177% | $296 | $131K | 10x | as long as short |
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
Gate MRNA_USDT
Bitget MRNAUSDT
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 | 169.79 | −0.133% | $13K | $433K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 169.88 | −0.081% | $1.5M | $675K | 20x | as long as short |
| BloFin MRNA-USDT | +0.0016% | 8h | 169.84 | −0.105% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −6.704% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 169.91 | −0.064% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 169.84 | −0.108% | $31K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 169.85 | −0.099% | $2.6M | $4.6M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 169.90 | −0.070% | $39K | $55K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 169.71 | −0.181% | $42K | $38K | 5x | as long as short |
| Phoenix MRNA | +0.0278% | 1h | 169.91 | −0.064% | $5K | $205K | 10x | as long as short |
| Lighter MRNAshort | +0.0440% | 1h | 170.11 | +0.054% | $237K | $1.5M | 10x |
HTX MRNA-USDT
Phemex MRNAUSDT
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Ondo Perps MRNA-USD.P
Phoenix MRNA