Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.026%
Price spread now: tradeXYZ against Gate−0.017%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$750.746% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.017%, 7d avg −0.004%
=Together, before fees+0.103%+ Points / potential airdroptradeXYZ: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MRNA_USDT | 172.20 | 0 | get 0.0000% / 8h | 7h 00m | $861K | $1.1M | 20x |
| Short | tradeXYZ xyz:MRNA | 172.17 | 0.0050 | get 0.0006% / 1h | 0m 04s | $2.6M | $4.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.017% → −0.004%
- −$1.3
- Slippage, 4 orders
- −$41.64
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$65.44
- Costs to cover
- 0.746%
- Break-even
- 50.6 days
Slippage from Gate: live order book, 2 min ago; tradeXYZ: live order book, 8 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 | 10.76 bp | 27.5 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 0.87 bp | 13.0 bp −$13 | 20.5 bp −$205 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRNAUSDT | 0.0000% | 8h | 172.06 | −0.081% | $29K | $81K | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.22 | +0.012% | $934K | $1.0M | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.32 | +0.070% | $1.3M | $5.2M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.10 | −0.058% | $1.2M | $2.7M | 10x | as long as short |
| Gate MRNA_USDTlong | 0.0000% | 8h | 172.20 | long leg | $861K | $1.1M | 20x | |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.28 | +0.046% | $2.6M | $10.6M | 20x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 172.03 | −0.102% | $12K | $428K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.14 | −0.035% | $1.5M | $648K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −7.886% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 171.99 | −0.122% | $2K | $65K | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended MRNA-USD | +0.0048% | 1h | 172.15 | −0.026% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNAshort | +0.0050% | 1h | 172.17 | −0.017% | $2.6M | $4.4M | 10x | |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 171.98 | −0.128% | $43K | $39K | 5x | as long as short |
| Lighter MRNA | +0.0088% | 1h | 172.17 | −0.017% | $111K | $1.1M | 10x | as long as short |
| Variational Omni MRNA | +0.0121% | 8h | 171.99 | −0.121% | $49K | $89K | — | as long as short |
| BloFin MRNA-USDT | +0.0140% | 8h | 172.26 | +0.035% | $45K | $29K | 20x | as long as short |
| SoDEX MRNA-USD | +0.0145% | 1h | 172.11 | −0.052% | $40K | $66K | 10x | as long as short |
| Binance MRNAUSDT | +0.0155% | 8h | 172.35 | +0.087% | $2.1M | $11.5M | 20x | as long as short |
| Phoenix MRNA | +0.0231% | 1h | 171.98 | −0.128% | $5K | $193K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0361% | 4h | 172.10 | −0.059% | $3K | $246K | 10x | as long as short |
| GRVT MRNA_USDT_Perp | +0.0667% | 8h | 172.13 | −0.042% | $201 | $155K | 10x | as long as short |
Gate MRNA_USDT
tradeXYZ xyz:MRNA
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Bitget MRNAUSDT
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Extended MRNA-USD
Lighter MRNA
Variational Omni MRNA
BloFin MRNA-USDT
SoDEX MRNA-USD
Binance MRNAUSDT
Phoenix MRNA
edgeX MRNAUSDC
GRVT MRNA_USDT_Perp