Funding you earn now, next payment 04:00 UTC+0.0027%/8h= +3.0% APRpaid last 24h +0.046%
Price spread now: edgeX against Gate+0.088%97s7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as 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−$740.735% of the position
Funding, last 7 days−0.397%−$40 on $10k
+Price spread, last 4 days (all we have)+0.313%+$31 · spread now +0.088%, 7d avg +0.017%
=Together, before fees−0.084%+ Points / potential airdropedgeX: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.072% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.017%. Mind the row above: over the last 7 days funding on this pair cost −0.397%, so the current rate has only just turned in your favour. The two prices were read 97 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 | Gate MRNA_USDT | 172.19 | 0 | get 0.0000% / 8h | 6h 39m | $861K | $1.0M | 20x |
| Short | edgeX MRNAUSDC | 172.34 | 0.0027 | get 0.0014% / 4h | 2h 39m | $3K | $245K | 10x |
Gate MRNA_USDT
edgeX MRNAUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- $5.73
- Price spread: +0.088% → +0.017%
- $7.16
- Slippage, 4 orders
- −$49.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$60.62
- Costs to cover
- 0.735%
- Break-even
- 81.1 days
Slippage from Gate: live order book, 2 min ago; edgeX: live order book, 27 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 Gate live order book, 2 min ago | 18.02 bp | 26.7 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 27 min ago | 3.48 bp | 10.4 bp −$10 | doesn't fit | 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 | −0.0736% | 1h | 172.21 | +0.012% | $109K | $1.1M | 10x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.13 | −0.035% | $1.2M | $2.7M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.19 | +0.001% | $28K | $81K | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.11 | −0.046% | $933K | $1.0M | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.09 | −0.058% | $1.3M | $5.2M | 20x | as long as short |
| Gate MRNA_USDTlong | 0.0000% | 8h | 172.19 | long leg | $861K | $1.0M | 20x | |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.04 | −0.087% | $2.6M | $10.6M | 20x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 171.86 | −0.192% | $12K | $428K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.11 | −0.046% | $1.5M | $647K | 20x | as long as short |
| edgeX MRNAUSDCshort | +0.0027% | 4h | 172.34 | +0.088% | $3K | $245K | 10x |
Lighter MRNA
QFEX MRNA-USD
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Bitget MRNAUSDT
HTX MRNA-USDT
Phemex MRNAUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −7.881% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.13 | −0.035% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.06 | −0.073% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.08 | −0.064% | $2.6M | $4.4M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 172.09 | −0.058% | $40K | $66K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.15 | −0.023% | $43K | $39K | 5x | as long as short |
| GRVT MRNA_USDT_Perp | +0.0057% | 8h | 172.26 | +0.039% | $224 | $154K | 10x | as long as short |
| Variational Omni MRNA | +0.0091% | 8h | 172.16 | −0.018% | $49K | $89K | — | as long as short |
| Binance MRNAUSDT | +0.0121% | 8h | 172.14 | −0.029% | $2.1M | $11.4M | 20x | as long as short |
| BloFin MRNA-USDT | +0.0133% | 8h | 172.49 | +0.174% | $45K | $29K | 20x | as long as short |
| Phoenix MRNA | +0.0279% | 1h | 172.33 | +0.081% | $5K | $193K | 10x | as long as short |
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Ondo Perps MRNA-USD.P
GRVT MRNA_USDT_Perp
Variational Omni MRNA
Binance MRNAUSDT
BloFin MRNA-USDT
Phoenix MRNA