Funding you earn now, next payment 03:00 UTC+0.0655%/8h= +71.7% APRnext payment +$0.82 per $10,000 · paid last 24h +0.086%
Price spread now: SoDEX against Injective+9.551%62s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and SoDEX is 9.551% dearer against Injective than usual: you sell high and buy low: +$955 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 62 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 | 47m 33s | $18K | $8K | 12x |
| Short | SoDEX MRNA-USD | 173.77 | 0.0688 | get 0.0086% / 1h | 47m 33s | $40K | $56K | 10x |
Injective MRNA/USDC PERP
SoDEX MRNA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $137.58
- Price spread: +9.551% → 0.000%
- $955.11
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $1,084.67
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; SoDEX: 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 SoDEX no order-book sample | — | — | — | — | — |
Injective and SoDEX: 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 20 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 | 173.70 | +9.506% | $28K | $81K | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.86 | +9.608% | $944K | $662K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.81 | +9.576% | $1.3M | $5.3M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 173.64 | +9.469% | $1.1M | $2.7M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 173.64 | +9.469% | $865K | $1.0M | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.70 | +9.507% | $2.7M | $10.5M | 20x | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.75 | +9.539% | $306 | $149K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 173.86 | +9.607% | $13K | $430K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 173.79 | +9.564% | $1.6M | $641K | 20x | as long as short |
| Variational Omni MRNA | +0.0029% | 8h | 173.70 | +9.508% | $49K | $89K | — | as long as short |
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
Gate MRNA_USDT
Bitget MRNAUSDT
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDT
Variational Omni MRNAShow all 20 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 | 173.61 | +9.450% | $2K | $64K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.74 | +9.532% | $43K | $35K | 5x | as long as short |
| Binance MRNAUSDT | +0.0073% | 8h | 173.84 | +9.595% | $2.1M | $11.3M | 20x | as long as short |
| Extended MRNA-USD | +0.0104% | 1h | 173.73 | +9.528% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0106% | 1h | 173.72 | +9.520% | $2.6M | $4.4M | 10x | as long as short |
| Phoenix MRNA | +0.0185% | 1h | 173.14 | +9.154% | $5K | $189K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0344% | 4h | 173.72 | +9.520% | $3K | $244K | 10x | as long as short |
| SoDEX MRNA-USDshort | +0.0688% | 1h | 173.77 | +9.551% | $40K | $56K | 10x | |
| Lighter MRNA | +0.1840% | 1h | 173.75 | +9.539% | $104K | $1.1M | 10x | as long as short |
Arcus MRNA-USD
Ondo Perps MRNA-USD.P
Binance MRNAUSDT
Extended MRNA-USD
tradeXYZ xyz:MRNA
Phoenix MRNA
edgeX MRNAUSDC
Lighter MRNA