Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.043%
Price spread now: Aster against tradeXYZ−0.045%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.213%−$21 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.045% cheaper against tradeXYZ 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 | tradeXYZ xyz:MRNA | 172.11 | 0.0050 | pay 0.0006% / 1h | 0m 20s | $2.6M | $4.4M | 10x |
| Short | Aster MRNAUSDT | 172.03 | 0 | get 0.0000% / 8h | 7h 00m | $29K | $81K | 20x |
tradeXYZ xyz:MRNA
Aster MRNAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against tradeXYZ. 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
- −$10.5
- Price spread: −0.045% → 0.000%
- −$4.53
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$41.03
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 8 min ago; Aster: no order-book sample. 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 tradeXYZ live order book, 8 min ago | 0.87 bp | 15.7 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRNAUSDTshort | 0.0000% | 8h | 172.03 | −0.045% | $29K | $81K | 20x | |
| Bybit MRNAUSDT | 0.0000% | 8h | 172.18 | +0.041% | $934K | $1.0M | 25x | as long as short |
| OKX MRNA-USDT-SWAP | 0.0000% | 8h | 172.05 | −0.035% | $1.3M | $5.2M | 20x | as long as short |
| QFEX MRNA-USD | 0.0000% | 1h | 172.10 | −0.006% | $1.2M | $2.7M | 10x | as long as short |
| Gate MRNA_USDT | 0.0000% | 8h | 172.00 | −0.064% | $863K | $1.1M | 20x | as long as short |
| Bitget MRNAUSDT | 0.0000% | 8h | 172.02 | −0.052% | $2.6M | $10.6M | 20x | as long as short |
| HTX MRNA-USDT | 0.0000% | 8h | 172.15 | +0.023% | $12K | $428K | 20x | as long as short |
| Phemex MRNAUSDT | 0.0000% | 8h | 172.05 | −0.035% | $1.5M | $650K | 20x | as long as short |
| Injective MRNA/USDC PERP | +0.0033% | 1h | 158.62 | −7.838% | $18K | $8K | 12x | as long as short |
| Arcus MRNA-USD | +0.0040% | 1h | 171.99 | −0.070% | $2K | $65K | 10x | as long as short |
Bybit MRNAUSDT
OKX MRNA-USDT-SWAP
QFEX MRNA-USD
Gate MRNA_USDT
Bitget MRNAUSDT
HTX MRNA-USDT
Phemex MRNAUSDT
Injective MRNA/USDC PERP
Arcus MRNA-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended MRNA-USD | +0.0048% | 1h | 171.97 | −0.079% | $32K | $32K | 10x | as long as short |
| tradeXYZ xyz:MRNAlong | +0.0050% | 1h | 172.11 | long leg | $2.6M | $4.4M | 10x | |
| Ondo Perps MRNA-USD.P | +0.0050% | 1h | 171.98 | −0.076% | $43K | $39K | 5x | as long as short |
| Variational Omni MRNA | +0.0121% | 8h | 171.99 | −0.069% | $49K | $89K | — | as long as short |
| Lighter MRNA | +0.0128% | 1h | 172.17 | +0.035% | $111K | $1.1M | 10x | as long as short |
| BloFin MRNA-USDT | +0.0140% | 8h | 172.26 | +0.087% | $45K | $29K | 20x | as long as short |
| Binance MRNAUSDT | +0.0155% | 8h | 172.14 | +0.020% | $2.1M | $11.5M | 20x | as long as short |
| SoDEX MRNA-USD | +0.0175% | 1h | 172.03 | −0.046% | $40K | $66K | 10x | as long as short |
| Phoenix MRNA | +0.0231% | 1h | 171.98 | −0.076% | $5K | $193K | 10x | as long as short |
| edgeX MRNAUSDC | +0.0361% | 4h | 172.10 | −0.006% | $3K | $246K | 10x | as long as short |
| GRVT MRNA_USDT_Perp | +0.0667% | 8h | 172.13 | +0.011% | $201 | $155K | 10x | as long as short |
Extended MRNA-USD
Ondo Perps MRNA-USD.P
Variational Omni MRNA
Lighter MRNA
BloFin MRNA-USDT
Binance MRNAUSDT
SoDEX MRNA-USD
Phoenix MRNA
edgeX MRNAUSDC
GRVT MRNA_USDT_Perp