Funding you earn now, next payment 07:00 UTC−0.0104%/8h= −11.3% APRpaid last 24h −0.037%
Price spread now: QFEX against edgeX−0.059%57s7-day average −0.224% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$390.394% of the position
Funding, last 4 days (all we have)+0.217%+$22 on $10k
+Price spread, last 4 days (all we have)−0.109%−$11 · spread now −0.059%, 7d avg −0.224%
=Together, before fees+0.108%+ Points / potential airdropedgeX: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.164% dearer against edgeX than usual: you sell high and buy low (spread −0.059% now, against its 7-day average of −0.224%): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.3 days. Mind the row above: over the last 4 days funding on this pair paid +0.217%, so the current rate has only just turned against you. The two prices were read 57 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 | 172.50 | 0.0104 | pay 0.0052% / 4h | 1h 38m | $3K | $248K | 10x |
| Short | QFEX MRNA-USD | 172.40 | 0 | get 0.0000% / 1h | 38m 42s | $1.1M | $2.5M | 10x |
edgeX MRNAUSDC
QFEX MRNA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$21.76
- Price spread: −0.059% → −0.224%
- $16.44
- Slippage, 4 orders
- −$20.39
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$44.7
- Costs to cover
- 0.394%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 4 min ago; QFEX: live order book, 4 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, 4 min ago | 2.61 bp | 9.8 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.16 bp | 9.2 bp −$9 | 17.1 bp −$171 | 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 | −0.0120% | 1h | 172.64 | +0.080% | $156K | $1.2M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.48 | −0.014% | $26K | $83K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.51 | +0.005% | $2.1M | $11.4M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.51 | +0.005% | $937K | $621K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.47 | −0.019% | $1.3M | $5.4M | 20x | as long as short |
| QFEX MRNA-USDshort | 0.0000% | 1h | 172.40 | −0.059% | $1.1M | $2.5M | 10x | |
| Gate MRNA_USDT | 0.0000% | 8h | 172.44 | −0.036% | $861K | $994K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.48 | −0.013% | $2.6M | $10.6M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 172.49 | −0.004% | $56K | $94K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.55 | +0.028% | $550 | $147K | 10x | as long as short |
Lighter MRNA
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
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 | 172.48 | −0.015% | $13K | $431K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.49 | −0.007% | $1.6M | $654K | 20x | as long as short |
| BloFin MRNA-USDT | +0.0009% | 8h | 172.63 | +0.074% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.048% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.36 | −0.082% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.34 | −0.091% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.35 | −0.088% | $2.5M | $4.5M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 172.46 | −0.024% | $40K | $56K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.29 | −0.123% | $43K | $35K | 5x | as long as short |
| edgeX MRNAUSDClong | +0.0104% | 4h | 172.50 | long leg | $3K | $248K | 10x | |
| Phoenix MRNA | +0.0232% | 1h | 172.50 | −0.001% | $5K | $191K | 10x | as long as short |
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