After costs, if the gap returns to its 7d average, $10k−$110
spread now−0.165%7d average+0.053%fees + slippage, in and out−$88spread needed0.878%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MRNA_USDT | 175.59 | 0 | get 0.0000% / 8h | 5h 54m | $883K | $1.0M | 20x |
| Short | Phoenix MRNA | 175.30 | 0.0184 | get 0.0023% / 1h | 54m 02s | $5K | $165K | 10x |
Gate MRNA_USDT
Phoenix MRNAPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$16.52
- Funding while held
- $5.52
- Slippage, 4 orders
- −$65.76
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$98.76
- Spread needed to break even
- 0.878%
Slippage from Gate: live order book, 4 min ago; Phoenix: live order book, 51 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0184%
- Per $10,000 a day
- +$5.52
- Average in range /8h
- —
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, 4 min ago | 10.26 bp | 31.8 bp −$32 | 188.1 bp −$1,881 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 51 min ago | 2.97 bp | 19.7 bp −$20 | 60.8 bp −$608 | doesn't fit | doesn't fit |
MRNA price on every exchange
against the cheapest. Click to use as the short leg.Injective158.62cheapest
Ondo Perps174.88+10.251%BloFin175.17+10.434%Variational Omni175.21+10.460%Arcus175.28+10.503%
Injective
Ondo Perps
BloFin
Variational Omni
ArcusPhoenix175.30+10.516%
Aster175.33+10.535%edgeX175.34+10.539%HTX175.38+10.563%SoDEX175.38+10.566%QFEX175.43+10.598%Phemex175.52+10.654%
Aster
HTX
SoDEX
QFEX
PhemexGate175.59+10.699%
tradeXYZ175.64+10.730%Binance175.72+10.780%Extended175.77+10.810%Bitget175.79+10.825%OKX175.81+10.837%Lighter175.82+10.844%Bybit175.89+10.888%
tradeXYZ
Binance
Extended
Bitget
OKX
Lighter
BybitMRNA on 20 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective MRNA/USDC PERP | −9.665% | +0.0033% | 1h | $18K | $8K | 12x | as long as short |
| Ondo Perps MRNA-USD.P | −0.404% | +0.0050% | 1h | $43K | $33K | 5x | as long as short |
| BloFin MRNA-USDT | −0.239% | +0.0023% | 8h | — | $27K | 20x | as long as short |
| Variational Omni MRNA | −0.216% | 0.0000% | 8h | $28K | $56K | — | as long as short |
| Arcus MRNA-USD | −0.177% | +0.0040% | 1h | $2K | $63K | 10x | as long as short |
| Phoenix MRNAshort | −0.165% | +0.0184% | 1h | $5K | $165K | 10x | |
| Aster MRNAUSDT | −0.148% | 0.0000% | 8h | $31K | $64K | 20x | as long as short |
| edgeX MRNAUSDC | −0.144% | −0.0460% | 4h | $3K | $232K | 10x | as long as short |
| HTX MRNA-USDT | −0.122% | 0.0000% | 8h | $12K | $426K | 20x | as long as short |
| SoDEX MRNA-USD | −0.120% | +0.0050% | 1h | $84 | $55K | 10x | as long as short |
Show all 20 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| QFEX MRNA-USD | −0.091% | 0.0000% | 1h | $1.1M | $2.1M | 10x | as long as short |
| Phemex MRNAUSDT | −0.040% | 0.0000% | 8h | $1.6M | $540K | 20x | as long as short |
| Gate MRNA_USDTlong | 0.000% | 0.0000% | 8h | $883K | $1.0M | 20x | |
| tradeXYZ xyz:MRNA | +0.028% | +0.0050% | 1h | $2.7M | $3.5M | 10x | as long as short |
| Binance MRNAUSDT | +0.074% | 0.0000% | 8h | $2.3M | $9.9M | 20x | as long as short |
| Extended MRNA-USD | +0.101% | +0.0048% | 1h | $32K | — | 10x | as long as short |
| Bitget MRNAUSDT | +0.114% | 0.0000% | 8h | $2.8M | $8.7M | 20x | as long as short |
| OKX MRNA-USDT-SWAP | +0.125% | 0.0000% | 8h | $1.4M | $4.4M | 20x | as long as short |
| Lighter MRNA | +0.131% | +0.0616% | 1h | $192K | $828K | 10x | as long as short |
| Bybit MRNAUSDT | +0.171% | 0.0000% | 8h | $941K | $920K | 25x | as long as short |