Funding you earn now, next payment 09:00 UTC+0.0297%/8h= +32.5% APRpaid last 24h −0.014%
Price spread now: tradeXYZ against edgeX−0.569%86s7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs+$10as 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−$450.450% of the position
Funding, last 7 days+0.548%+$55 on $10k
+Price spread, last 4 days (all we have)+0.301%+$30 · spread now −0.569%, 7d avg −0.024%
=Together, before fees+0.849%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board+$85 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.545% cheaper against edgeX than usual: you would sell low and buy high (spread −0.569% now, against its 7-day average of −0.024%). If the spread goes back, that is −$54 on $10k: about 6.1 days of funding at the current rate (+$9 a day). The two prices were read 86 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 | 170.42 | −0.0247 | get 0.0124% / 4h | 3h 34m | $3K | $252K | 10x |
| Short | tradeXYZ xyz:MRNA | 169.45 | 0.0050 | get 0.0006% / 1h | 34m 02s | $2.5M | $4.4M | 10x |
edgeX MRNAUSDC
tradeXYZ xyz:MRNAFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $62.4
- Price spread: −0.569% → −0.024%
- −$54.48
- Slippage, 4 orders
- −$18.04
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$37.12
- Costs to cover
- 0.450%
- Break-even
- 11.2 days
Slippage from edgeX: live order book, 63 min ago; tradeXYZ: live order book, 3 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, 63 min ago | 2.88 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 0.88 bp | 10.7 bp −$11 | 18.2 bp −$182 | 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 | −0.0247% | 4h | 170.42 | long leg | $3K | $252K | 10x | |
| BloFin MRNA-USDT | −0.0029% | 8h | 170.50 | +0.047% | $45K | $29K | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 169.67 | −0.440% | $1.1M | $2.6M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 169.75 | −0.396% | $26K | $82K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 169.65 | −0.452% | $2.1M | $11.3M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 169.54 | −0.516% | $911K | $609K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 169.45 | −0.569% | $1.2M | $5.3M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 169.56 | −0.505% | $866K | $980K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 169.38 | −0.610% | $2.6M | $10.6M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 170.29 | −0.078% | $54K | $92K | — | as long as short |
BloFin MRNA-USDT
QFEX MRNA-USD
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
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 | 170.53 | +0.065% | $2 | $133K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 169.90 | −0.306% | $14K | $431K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 169.71 | −0.417% | $1.5M | $647K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −6.924% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 169.94 | −0.282% | $2K | $64K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 169.45 | −0.567% | $31K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNAshort | +0.0050% | 1h | 169.45 | −0.569% | $2.5M | $4.4M | 10x | |
| SoDEX MRNA-USD | +0.0050% | 1h | 169.92 | −0.293% | $39K | $55K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 170.07 | −0.205% | $43K | $36K | 5x | as long as short |
| Lighter MRNA | +0.0272% | 1h | 169.73 | −0.405% | $119K | $1.2M | 10x | as long as short |
| Phoenix MRNA | +0.0278% | 1h | 170.46 | +0.024% | $5K | $191K | 10x | as long as short |
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
SoDEX MRNA-USD
Ondo Perps MRNA-USD.P
Lighter MRNA
Phoenix MRNA