Funding you earn now, next payment 08:00 UTC−0.0708%/8h= −77.6% APRpaid last 24h +0.040%
Price spread now: SoDEX against edgeX−0.143%75s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and SoDEX is 0.143% cheaper against edgeX than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 75 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 | 173.25 | 0.0899 | pay 0.0450% / 4h | 31m 55s | $3K | $250K | 10x |
| Short | SoDEX MRNA-USD | 173.00 | 0.0191 | get 0.0024% / 1h | 31m 55s | $40K | $55K | 10x |
edgeX MRNAUSDC
SoDEX MRNA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$148.75
- Price spread: −0.143% → 0.000%
- −$14.32
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$180.07
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 5 min ago; SoDEX: no order-book sample. Net counts fees only.
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, 5 min ago | 2.88 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRNA-USDT | −0.0029% | 8h | 173.23 | −0.010% | $45K | $29K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 173.06 | −0.111% | $26K | $82K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 173.12 | −0.076% | $2.1M | $11.2M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.03 | −0.126% | $940K | $603K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.08 | −0.097% | $1.3M | $5.4M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 173.13 | −0.068% | $883K | $983K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.17 | −0.045% | $2.6M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 173.32 | +0.042% | $57K | $94K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.28 | +0.019% | $404 | $142K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 172.68 | −0.328% | $13K | $430K | 20x | as long as short |
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
GRVT MRNA_USDT_Perp
HTX MRNA-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex MRNAUSDT | 0.0000% | 8h | 173.19 | −0.034% | $1.6M | $639K | 20x | as long as short |
| QFEX MRNA-USD | +0.0001% | 1h | 172.88 | −0.212% | $1.1M | $2.5M | 10x | as long as short |
| Lighter MRNA | +0.0032% | 1h | 173.36 | +0.065% | $156K | $1.2M | 10x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.443% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.94 | −0.178% | $2K | $65K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.82 | −0.247% | $43K | $35K | 5x | as long as short |
| Extended MRNA-USD | +0.0072% | 1h | 173.03 | −0.128% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0072% | 1h | 173.08 | −0.097% | $2.6M | $4.3M | 10x | as long as short |
| SoDEX MRNA-USDshort | +0.0191% | 1h | 173.00 | −0.143% | $40K | $55K | 10x | |
| Phoenix MRNA | +0.0230% | 1h | 173.36 | +0.065% | $5K | $191K | 10x | as long as short |
| edgeX MRNAUSDClong | +0.0899% | 4h | 173.25 | long leg | $3K | $250K | 10x |
Phemex MRNAUSDT
QFEX MRNA-USD
Lighter MRNA
Injective MRNA/USDC PERP
Arcus MRNA-USD
Ondo Perps MRNA-USD.P
Extended MRNA-USD
tradeXYZ xyz:MRNA
Phoenix MRNA