Funding you earn now, next payment 08:00 UTC−0.0704%/8h= −77.1% APRpaid last 24h −0.090%
Price spread now: HTX against Lighter−0.316%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$249as in the Funding arb table
Net, price: spread back to 7d avg − costs−$247as in the Price arb table
costs, in and out, $10k−$2172.169% of the position
Funding, last 7 days−0.322%−$32 on $10k
+Price spread, last 4 days (all we have)+0.340%+$34 · spread now −0.316%, 7d avg −0.017%
=Together, before fees+0.018%+ Points / potential airdropLighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and HTX is 0.299% cheaper against Lighter than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.017%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.322% in total (about -16.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MRNA | 173.90 | 0.0704 | pay 0.0088% / 1h | 57m 30s | $156K | $1.2M | 10x |
| Short | HTX MRNA-USDT | 173.35 | 0 | get 0.0000% / 8h | 57m 30s | $13K | $430K | 20x |
Lighter MRNA
HTX MRNA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Lighter. 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
- −$147.84
- Price spread: −0.316% → −0.017%
- −$29.92
- Slippage, 4 orders
- −$204.87
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$394.62
- Costs to cover
- 2.169%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; HTX: live order book, 46 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 Lighter live order book, 3 min ago | 2.88 bp | 3.6 bp −$4 | 25.2 bp −$252 | 164.4 bp −$16.4K | doesn't fit |
| Sell HTX live order book, 46 min ago | 23.13 bp | 59.1 bp −$59 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MRNAUSDC | −0.0737% | 4h | 173.61 | −0.166% | $3K | $249K | 10x | as long as short |
| BloFin MRNA-USDT | −0.0017% | 8h | 173.50 | −0.230% | $45K | $30K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 173.49 | −0.234% | $27K | $83K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 173.59 | −0.177% | $2.1M | $11.3M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.59 | −0.178% | $943K | $607K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.71 | −0.109% | $1.3M | $5.5M | 20x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 173.62 | −0.161% | $867K | $966K | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.48 | −0.242% | $2.7M | $10.6M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 173.74 | −0.089% | $58K | $96K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.77 | −0.075% | $445 | $144K | 10x | as long as short |
edgeX MRNAUSDC
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
GRVT MRNA_USDT_PerpShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRNA-USDTshort | 0.0000% | 8h | 173.35 | −0.316% | $13K | $430K | 20x | |
| Phemex MRNAUSDT | 0.0000% | 8h | 173.71 | −0.109% | $1.6M | $645K | 20x | as long as short |
| QFEX MRNA-USD | +0.0001% | 1h | 173.52 | −0.219% | $1.1M | $2.5M | 10x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.787% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 173.19 | −0.408% | $2K | $65K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.32 | −0.334% | $43K | $35K | 5x | as long as short |
| Extended MRNA-USD | +0.0072% | 1h | 173.51 | −0.224% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0149% | 1h | 173.51 | −0.224% | $2.6M | $4.5M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0218% | 1h | 173.64 | −0.150% | $40K | $57K | 10x | as long as short |
| Phoenix MRNA | +0.0232% | 1h | 173.69 | −0.121% | $5K | $191K | 10x | as long as short |
| Lighter MRNAlong | +0.0704% | 1h | 173.90 | long leg | $156K | $1.2M | 10x |
Phemex MRNAUSDT
QFEX MRNA-USD
Injective MRNA/USDC PERP
Arcus MRNA-USD
Ondo Perps MRNA-USD.P
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Phoenix MRNA