MRNA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0295%/8h= −32.3% APRnext payment −$0.37 per $10,000 · paid last 24h +0.016%

Price spread now: Lighter against SoDEX+0.046%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.046% dearer against SoDEX than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 13 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX MRNA-USD	173.57	0.0327	pay 0.0041% / 1h	7m 19s	$40K	$56K	10x
Short	Lighter MRNA	173.65	0.0032	get 0.0004% / 1h	7m 19s	$157K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against SoDEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SoDEXbpFee LighterbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$61.87
Price spread: +0.046% → 0.000%: $4.61
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$65.26
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Lighter: 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 SoDEX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 4 min ago	2.59 bp	4.6 bp −$5	27.7 bp −$277	171.7 bp −$17.2K	doesn't fit

SoDEX: 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 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	−0.0301%	4h	173.56	−0.005%	$3K	$246K	10x	as long as short
Aster MRNAUSDT	0.0000%	8h	173.65	+0.047%	$28K	$82K	20x	as long as short
Bybit MRNAUSDT	0.0000%	8h	173.75	+0.104%	$947K	$615K	25x	as long as short
OKX MRNA-USDT-SWAP	0.0000%	8h	173.51	−0.035%	$1.3M	$5.2M	20x	as long as short
QFEX MRNA-USD	0.0000%	1h	173.48	−0.052%	$1.1M	$2.6M	10x	as long as short
Gate MRNA_USDT	0.0000%	8h	173.60	+0.017%	$868K	$1.0M	20x	as long as short
Bitget MRNAUSDT	0.0000%	8h	173.66	+0.052%	$2.8M	$10.6M	20x	as long as short
Variational Omni MRNA	0.0000%	8h	173.56	−0.004%	$49K	$89K	—	as long as short
GRVT MRNA_USDT_Perp	0.0000%	8h	173.59	+0.012%	$222	$146K	10x	as long as short
HTX MRNA-USDT	0.0000%	8h	173.47	−0.059%	$14K	$431K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex MRNAUSDT	0.0000%	8h	173.64	+0.040%	$1.6M	$640K	20x	as long as short
Binance MRNAUSDT	+0.0026%	8h	173.63	+0.033%	$2.2M	$11.2M	20x	as long as short
BloFin MRNA-USDT	+0.0031%	8h	173.66	+0.052%	$45K	$29K	20x	as long as short
Lighter MRNAshort	+0.0032%	1h	173.65	+0.046%	$157K	$1.1M	10x
Injective MRNA/USDC PERP	+0.0033%	1h	158.62	−8.613%	$18K	$8K	12x	as long as short
Arcus MRNA-USD	+0.0040%	1h	173.46	−0.063%	$2K	$63K	10x	as long as short
Extended MRNA-USD	+0.0048%	1h	173.55	−0.012%	$32K	$32K	10x	as long as short
tradeXYZ xyz:MRNA	+0.0050%	1h	173.52	−0.029%	$2.7M	$4.4M	10x	as long as short
Ondo Perps MRNA-USD.P	+0.0050%	1h	173.52	−0.029%	$43K	$35K	5x	as long as short
Phoenix MRNA	+0.0230%	1h	173.73	+0.092%	$5K	$191K	10x	as long as short
SoDEX MRNA-USDlong	+0.0327%	1h	173.57	long leg	$40K	$56K	10x