Funding you earn now, next payment 03:00 UTC+0.0027%/8h= +3.0% APRpaid last 24h +0.014%
Price spread now: Binance against Ondo Perps+0.138%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.138% dearer against Ondo Perps than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps MRNA-USD.P | 173.46 | 0.0050 | pay 0.0006% / 1h | 51m 27s | $43K | $35K | 5x |
| Short | Binance MRNAUSDT | 173.70 | 0.0078 | get 0.0078% / 8h | 5h 51m | $2.1M | $11.3M | 20x |
Ondo Perps MRNA-USD.P
Binance MRNAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Ondo Perps. 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
- $5.72
- Price spread: +0.138% → 0.000%
- $13.84
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $4.56
- Costs to cover
- 0.150%
- Break-even
- 1.4 days
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 4 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 4 min ago | 2.02 bp | 16.3 bp −$16 | 54.6 bp −$546 | doesn't fit | doesn't fit |
Ondo Perps: 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 | 173.63 | +0.096% | $28K | $81K | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.76 | +0.173% | $944K | $661K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.75 | +0.167% | $1.3M | $5.3M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 173.51 | +0.029% | $1.1M | $2.7M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 173.56 | +0.058% | $865K | $1.0M | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.61 | +0.086% | $2.7M | $10.5M | 20x | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.69 | +0.133% | $313 | $150K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 173.87 | +0.236% | $12K | $430K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 173.76 | +0.173% | $1.6M | $647K | 20x | as long as short |
| Variational Omni MRNA | +0.0027% | 8h | 173.27 | −0.109% | $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 PERP | +0.0033% | 1h | 158.62 | −8.555% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 173.45 | −0.006% | $2K | $64K | 10x | as long as short |
| Ondo Perps MRNA-USD.Plong | +0.0050% | 1h | 173.46 | long leg | $43K | $35K | 5x | |
| Extended MRNA-USD | +0.0056% | 1h | 173.63 | +0.095% | $32K | $32K | 10x | as long as short |
| Binance MRNAUSDTshort | +0.0078% | 8h | 173.70 | +0.138% | $2.1M | $11.3M | 20x | |
| tradeXYZ xyz:MRNA | +0.0087% | 1h | 173.60 | +0.081% | $2.6M | $4.4M | 10x | as long as short |
| Phoenix MRNA | +0.0185% | 1h | 173.14 | −0.184% | $5K | $189K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0344% | 4h | 173.72 | +0.150% | $3K | $244K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0832% | 1h | 173.69 | +0.133% | $40K | $56K | 10x | as long as short |
| Lighter MRNA | +0.1480% | 1h | 173.62 | +0.092% | $104K | $1.1M | 10x | as long as short |
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
Phoenix MRNA
edgeX MRNAUSDC
SoDEX MRNA-USD
Lighter MRNA