Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.029%
Price spread now: Binance against OKX+0.029%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$520.522% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now +0.029%, 7d avg +0.054%
=Funding pays, the price is against you. Binance is 0.025% cheaper against OKX than usual: you would sell low and buy high (spread +0.029% now, against its 7-day average of +0.054%). If the spread goes back, that is −$3 on $10k: about 3.6 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MRNA-USDT-SWAP | 173.72 | 0 | get 0.0000% / 8h | 4h 35m | $1.3M | $5.2M | 20x |
| Short | Binance MRNAUSDT | 173.77 | 0.0024 | get 0.0024% / 8h | 4h 35m | $2.2M | $11.2M | 20x |
OKX MRNA-USDT-SWAP
Binance MRNAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $4.99
- Price spread: +0.029% → +0.054%
- −$2.53
- Slippage, 4 orders
- −$32.16
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$49.71
- Costs to cover
- 0.522%
- Break-even
- 76.8 days
Slippage from OKX: live order book, 3 min ago; Binance: live order book, 5 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 OKX live order book, 3 min ago | 4.89 bp | 13.8 bp −$14 | 118.6 bp −$1,186 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.44 bp | 15.1 bp −$15 | 45.2 bp −$452 | 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 | 173.81 | +0.051% | $28K | $82K | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.79 | +0.040% | $947K | $615K | 25x | as long as short |
| OKX MRNA-USDT-SWAPlong | 0.0000% | 8h | 173.72 | long leg | $1.3M | $5.2M | 20x | |
| QFEX MRNA-USD | 0.0000% | 1h | 173.63 | −0.052% | $1.1M | $2.7M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 173.78 | +0.035% | $869K | $1.0M | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.68 | −0.023% | $2.8M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 173.77 | +0.031% | $49K | $89K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.84 | +0.068% | $450 | $147K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 173.67 | −0.027% | $13K | $433K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 173.78 | +0.035% | $1.6M | $640K | 20x | as long as short |
Aster MRNAUSDT
Bybit MRNAUSDT
QFEX MRNA-USD
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
Phemex MRNAUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRNA-USDT | +0.0013% | 8h | 173.77 | +0.029% | $45K | $29K | 20x | as long as short |
| Binance MRNAUSDTshort | +0.0024% | 8h | 173.77 | +0.029% | $2.2M | $11.2M | 20x | |
| Lighter MRNA | +0.0032% | 1h | 173.89 | +0.098% | $158K | $1.1M | 10x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.692% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 173.71 | −0.006% | $2K | $63K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 173.54 | −0.106% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 173.66 | −0.035% | $2.6M | $4.4M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.58 | −0.081% | $43K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0230% | 1h | 173.84 | +0.069% | $5K | $191K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0324% | 1h | 173.74 | +0.012% | $40K | $56K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0370% | 4h | 173.83 | +0.061% | $3K | $246K | 10x | as long as short |
BloFin MRNA-USDT
Lighter MRNA
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Phoenix MRNA
SoDEX MRNA-USD
edgeX MRNAUSDC