Funding you earn now, next payment 04:00 UTC−0.0338%/8h= −37.0% APRnext payment −$0.42 per $10,000 · paid last 24h −0.095%
Price spread now: QFEX against SoDEX−0.046%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and QFEX is 0.046% cheaper against SoDEX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX MRNA-USD | 173.56 | 0.0338 | pay 0.0042% / 1h | 10m 47s | $40K | $56K | 10x |
| Short | QFEX MRNA-USD | 173.48 | 0 | get 0.0000% / 1h | 10m 47s | $1.1M | $2.6M | 10x |
SoDEX MRNA-USD
QFEX MRNA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against SoDEX. 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
- −$70.92
- Price spread: −0.046% → 0.000%
- −$4.61
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$93.53
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; QFEX: live order book, 7 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 QFEX live order book, 7 min ago | 1.15 bp | 6.7 bp −$7 | 13.6 bp −$136 | doesn't fit | 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 | −0.0750% | 4h | 173.77 | +0.120% | $3K | $247K | 10x | as long as short |
| Aster MRNAUSDT | 0.0000% | 8h | 173.51 | −0.030% | $28K | $82K | 20x | as long as short |
| Bybit MRNAUSDT | 0.0000% | 8h | 173.68 | +0.069% | $946K | $615K | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 173.47 | −0.052% | $1.3M | $5.2M | 20x | as long as short |
| QFEX MRNA-USDshort | 0.0000% | 1h | 173.48 | −0.046% | $1.1M | $2.6M | 10x | |
| Gate MRNA_USDT | 0.0000% | 8h | 173.58 | +0.012% | $868K | $1.0M | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 173.63 | +0.040% | $2.8M | $10.6M | 20x | as long as short |
| Variational Omni MRNA | 0.0000% | 8h | 173.56 | +0.002% | $49K | $89K | — | as long as short |
| GRVT MRNA_USDT_Perp | 0.0000% | 8h | 173.81 | +0.144% | $229 | $146K | 10x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 173.48 | −0.046% | $14K | $431K | 20x | as long as short |
edgeX MRNAUSDC
Aster MRNAUSDT
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
Gate MRNA_USDT
Bitget MRNAUSDT
Variational Omni MRNA
GRVT MRNA_USDT_Perp
HTX MRNA-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex MRNAUSDT | 0.0000% | 8h | 173.59 | +0.017% | $1.6M | $640K | 20x | as long as short |
| BloFin MRNA-USDT | +0.0015% | 8h | 173.54 | −0.012% | $45K | $29K | 20x | as long as short |
| Binance MRNAUSDT | +0.0026% | 8h | 173.57 | +0.006% | $2.2M | $11.2M | 20x | as long as short |
| Lighter MRNA | +0.0032% | 1h | 173.65 | +0.052% | $157K | $1.1M | 10x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −8.608% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 173.49 | −0.040% | $2K | $63K | 10x | as long as short |
| Extended MRNA-USD | +0.0048% | 1h | 173.49 | −0.040% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNA | +0.0050% | 1h | 173.56 | 0.000% | $2.7M | $4.4M | 10x | as long as short |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 173.38 | −0.104% | $43K | $35K | 5x | as long as short |
| Phoenix MRNA | +0.0230% | 1h | 173.78 | +0.127% | $5K | $191K | 10x | as long as short |
| SoDEX MRNA-USDlong | +0.0338% | 1h | 173.56 | long leg | $40K | $56K | 10x |
Phemex MRNAUSDT
BloFin MRNA-USDT
Binance MRNAUSDT
Lighter MRNA
Injective MRNA/USDC PERP
Arcus MRNA-USD
Extended MRNA-USD
tradeXYZ xyz:MRNA
Ondo Perps MRNA-USD.P
Phoenix MRNA