Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%
Price spread now: Phemex against Gate+0.058%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1391.389% of the position
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now +0.058%, 7d avg +0.054%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MRNA_USDT | 172.51 | 0 | get 0.0000% / 8h | 2h 10m | $862K | $999K | 20x |
| Short | Phemex MRNAUSDT | 172.61 | 0 | get 0.0000% / 8h | 2h 10m | $1.6M | $654K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.058% → +0.054%
- $0.44
- Slippage, 4 orders
- −$111.95
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$138.5
- Costs to cover
- 1.389%
- Break-even
- never at this rate
Slippage from Gate: live order book, 36 min ago; Phemex: live order book, 2 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, 36 min ago | 17.05 bp | 33.1 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 6.08 bp | 41.3 bp −$41 | 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 | −0.1160% | 1h | 172.69 | +0.104% | $156K | $1.2M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.57 | +0.034% | $26K | $83K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.63 | +0.067% | $2.1M | $11.4M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.55 | +0.023% | $937K | $621K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.54 | +0.017% | $1.3M | $5.4M | 20x | as long as short |
| Gate MRNA_USDTlong | 0.0000% | 8h | 172.51 | long leg | $862K | $999K | 20x | |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.59 | +0.046% | $2.6M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 172.33 | −0.106% | $56K | $96K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.24 | −0.157% | $2 | $148K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 172.55 | +0.024% | $13K | $431K | 20x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex MRNAUSDTshort | 0.0000% | 8h | 172.61 | +0.058% | $1.6M | $654K | 20x | |
| QFEX MRNA-USD | 0.0000% | 1h | 172.36 | −0.087% | $1.1M | $2.5M | 10x | as long as short |
| BloFin MRNA-USDT | +0.0013% | 8h | 172.42 | −0.052% | $45K | $29K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.052% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.26 | −0.145% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 172.55 | +0.023% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.57 | +0.035% | $2.5M | $4.5M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.33 | −0.104% | $43K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0185% | 1h | 172.18 | −0.191% | $5K | $191K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0187% | 1h | 172.52 | +0.006% | $40K | $56K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0591% | 4h | 172.44 | −0.042% | $3K | $247K | 10x | as long as short |
Gate MRNA_USDT
Phemex MRNAUSDT
Lighter MRNA
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Bitget MRNAUSDT
Variational Omni MRNA
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
BloFin MRNA-USDT
Injective MRNA/USDC PERP
Extended MRNA-USD
tradeXYZ xyz:MRNA
Phoenix MRNA
SoDEX MRNA-USD
edgeX MRNAUSDC