Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Phemex−0.088%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1261.258% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)−0.051%−$5 · spread now −0.088%, 7d avg −0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.065% cheaper against Phemex than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex MRNAUSDT | 171.26 | 0 | get 0.0000% / 8h | 5h 47m | $1.5M | $682K | 20x |
| Short | Bitget MRNAUSDT | 171.11 | 0 | get 0.0000% / 8h | 5h 47m | $2.6M | $11.1M | 20x |
Phemex MRNAUSDT
Bitget MRNAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Phemex. 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
- $0
- Price spread: −0.088% → −0.022%
- −$6.52
- Slippage, 4 orders
- −$101.76
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$132.29
- Costs to cover
- 1.258%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; Bitget: live order book, 4 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 Phemex live order book, 4 min ago | 5.53 bp | 42.6 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 5.25 bp | 19.6 bp −$20 | 57.5 bp −$575 | doesn't fit | doesn't fit |
MRNA on 21 exchanges
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 | −0.0033% | 4h | 171.71 | +0.260% | $3K | $256K | 10x | as long as short |
| BloFin MRNA-USDT | −0.0020% | 8h | 171.60 | +0.199% | $45K | $30K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 171.06 | −0.117% | $26K | $81K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 171.21 | −0.030% | $2.1M | $11.9M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 171.26 | 0.000% | $925K | $621K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 171.17 | −0.053% | $1.2M | $5.5M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 171.00 | −0.152% | $1.1M | $2.3M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 171.13 | −0.076% | $885K | $998K | 20x | as long as short |
| Bitget MRNAUSDTshort | 0.0000% | 8h | 171.11 | −0.088% | $2.6M | $11.1M | 20x | |
| Variational Omni MRNA | 0.0000% | 8h | 171.66 | +0.234% | $59K | $91K | — | as long as short |
edgeX MRNAUSDC
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
Gate MRNA_USDT
Variational Omni MRNAShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRNA-USDT | 0.0000% | 8h | 170.97 | −0.169% | $13K | $433K | 20x | as long as short |
| Phemex MRNAUSDTlong | 0.0000% | 8h | 171.26 | long leg | $1.5M | $682K | 20x | |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −7.381% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 170.81 | −0.263% | $2K | $65K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0131% | 1h | 171.12 | −0.082% | $2.7M | $4.7M | 10x | as long as short |
| Extended MRNA-USD | +0.0144% | 1h | 171.00 | −0.154% | $31K | $32K | 10x | as long as short |
| SoDEX MRNA-USD | +0.0162% | 1h | 171.23 | −0.018% | $40K | $55K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0166% | 1h | 171.39 | +0.076% | $42K | $40K | 5x | as long as short |
| Phoenix MRNA | +0.0278% | 1h | 171.63 | +0.216% | $5K | $205K | 10x | as long as short |
| Lighter MRNA | +0.0288% | 1h | 171.27 | +0.006% | $248K | $1.5M | 10x | as long as short |
| GRVT MRNA_USDT_Perp | +0.0457% | 8h | 171.66 | +0.232% | $5 | $127K | 10x | as long as short |
HTX MRNA-USDT
Injective MRNA/USDC PERP
Arcus MRNA-USD
tradeXYZ xyz:MRNA
Extended MRNA-USD
SoDEX MRNA-USD
Ondo Perps MRNA-USD.P
Phoenix MRNA
Lighter MRNA
GRVT MRNA_USDT_Perp