Funding you earn now, next payment 02:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.02 per $10,000 · paid last 24h +0.032%
Price spread now: Extended against Injective+8.476%80s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Extended is 8.476% dearer against Injective than usual: you sell high and buy low: +$848 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 80 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 | Injective MRNA/USDC PERP | 158.62 | 0.0033 | pay 0.0004% / 1h | 39m 58s | $18K | $8K | 12x |
| Short | Extended MRNA-USD | 172.06 | 0.0048 | get 0.0006% / 1h | 39m 58s | $32K | $32K | 10x |
Injective MRNA/USDC PERP
Extended MRNA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Injective. 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
- $3.08
- Price spread: +8.476% → 0.000%
- $847.62
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $845.68
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Extended: no order-book sample. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Extended no order-book sample | — | — | — | — | — |
Injective and Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | +8.568% | $109K | $1.1M | 10x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.13 | +8.517% | $1.2M | $2.7M | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.19 | +8.557% | $28K | $81K | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.11 | +8.505% | $933K | $1.0M | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.09 | +8.492% | $1.3M | $5.2M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.19 | +8.555% | $861K | $1.0M | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.04 | +8.460% | $2.6M | $10.6M | 20x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 171.86 | +8.346% | $12K | $428K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.11 | +8.505% | $1.5M | $647K | 20x | as long as short |
| edgeX MRNAUSDC | +0.0027% | 4h | 172.34 | +8.651% | $3K | $245K | 10x | as long as short |
Lighter MRNA
QFEX MRNA-USD
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
HTX MRNA-USDT
Phemex MRNAUSDT
edgeX MRNAUSDCShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective MRNA/USDC PERPlong | +0.0033% | 1h | 158.62 | long leg | $18K | $8K | 12x | |
| Arcus MRNA-USD | +0.0040% | 1h | 172.13 | +8.517% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USDshort | +0.0048% | 1h | 172.06 | +8.476% | $32K | $32K | 10x | |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.08 | +8.486% | $2.6M | $4.4M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 172.09 | +8.492% | $40K | $66K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.15 | +8.530% | $43K | $39K | 5x | as long as short |
| GRVT MRNA_USDT_Perp | +0.0057% | 8h | 172.26 | +8.597% | $224 | $154K | 10x | as long as short |
| Variational Omni MRNA | +0.0091% | 8h | 172.16 | +8.535% | $49K | $89K | — | as long as short |
| Binance MRNAUSDT | +0.0121% | 8h | 172.14 | +8.524% | $2.1M | $11.4M | 20x | as long as short |
| BloFin MRNA-USDT | +0.0133% | 8h | 172.49 | +8.744% | $45K | $29K | 20x | as long as short |
| Phoenix MRNA | +0.0279% | 1h | 172.33 | +8.643% | $5K | $193K | 10x | as long as short |
Arcus 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