Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%
Price spread now: Gate against Phemex+0.006%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1421.424% of the position
Funding, last 7 days+0.096%+$10 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.006%, 7d avg −0.054%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.059% dearer against Phemex than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.054%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex MRNAUSDT | 172.24 | 0 | get 0.0000% / 8h | 2h 25m | $1.6M | $653K | 20x |
| Short | Gate MRNA_USDT | 172.25 | 0 | get 0.0000% / 8h | 2h 25m | $860K | $999K | 20x |
Phemex MRNAUSDT
Gate MRNA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.006% → −0.054%
- $5.93
- Slippage, 4 orders
- −$115.36
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$136.43
- Costs to cover
- 1.424%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; Gate: live order book, 21 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, 2 min ago | 2.61 bp | 40.5 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 21 min ago | 17.05 bp | 26.4 bp −$26 | 1120.0 bp −$11.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter MRNA | −0.1240% | 1h | 172.38 | +0.081% | $156K | $1.2M | 10x | as long as short |
| edgeX MRNAUSDC | −0.0570% | 4h | 172.28 | +0.023% | $3K | $247K | 10x | as long as short |
| BloFin MRNA-USDT | −0.0004% | 8h | 172.16 | −0.046% | $45K | $29K | 20x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 172.08 | −0.093% | $26K | $83K | 20x | as long as short |
| Binance MRNAUSDT | 0.0000% | 8h | 172.19 | −0.029% | $2.1M | $11.4M | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.06 | −0.105% | $935K | $620K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.00 | −0.139% | $1.3M | $5.3M | 20x | as long as short |
| Gate MRNA_USDTshort | 0.0000% | 8h | 172.25 | +0.006% | $860K | $999K | 20x | |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.20 | −0.023% | $2.6M | $10.5M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 172.18 | −0.037% | $55K | $96K | — | as long as short |
Lighter MRNA
edgeX MRNAUSDC
BloFin MRNA-USDT
Aster MRNAUSDT
Binance MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Bitget MRNAUSDT
Variational Omni MRNAShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 172.33 | +0.051% | $546 | $147K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 172.39 | +0.085% | $14K | $431K | 20x | as long as short |
| Phemex MRNAUSDTlong | 0.0000% | 8h | 172.24 | long leg | $1.6M | $653K | 20x | |
| QFEX MRNA-USD | 0.0000% | 1h | 172.02 | −0.128% | $1.1M | $2.5M | 10x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −7.908% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 172.10 | −0.081% | $2K | $65K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 171.99 | −0.146% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 172.01 | −0.134% | $2.5M | $4.6M | 10x | as long as short |
| SoDEX MRNA-USD | +0.0050% | 1h | 172.14 | −0.058% | $40K | $56K | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 172.20 | −0.023% | $42K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0185% | 1h | 172.25 | +0.006% | $5K | $191K | 10x | as long as short |
GRVT MRNA_USDT_Perp
HTX MRNA-USDT
QFEX MRNA-USD
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
SoDEX MRNA-USD
Ondo Perps MRNA-USD.P
Phoenix MRNA