MRNA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.003%

Price spread now: Ondo Perps against Arcus−0.023%7-day average — · you buy dearer than you sell

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

Long on Arcus Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Funding pays, the price is against you. Ondo Perps is 0.023% cheaper against Arcus than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 7.6 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus MRNA-USD	174.21	0.0040	pay 0.0005% / 1h	23m 32s	$1K	$64K	10x
Short	Ondo Perps MRNA-USD.P	174.17	0.0050	get 0.0006% / 1h	23m 32s	$43K	$35K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Arcus. 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 ArcusbpFee Ondo PerpsbpOrdersPrice spread, now −0.023%Rate

Funding earned: $2.13
Price spread: −0.023% → 0.000%: −$2.3
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$9.67
Costs to cover: 0.095%
Break-even: 38.8 days

Slippage unknown: Arcus: no order-book sample; Ondo Perps: 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 Arcus no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Arcus and Ondo Perps: 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	−0.0809%	4h	174.50	+0.164%	$3K	$246K	10x	as long as short
BloFin MRNA-USDT	−0.0003%	8h	174.58	+0.212%	$45K	$29K	20x	as long as short
Aster MRNAUSDT	0.0000%	8h	174.32	+0.061%	$28K	$82K	20x	as long as short
Binance MRNAUSDT	0.0000%	8h	174.39	+0.103%	$2.2M	$11.3M	20x	as long as short
Bybit MRNAUSDT	0.0000%	8h	174.33	+0.069%	$950K	$615K	25x	as long as short
OKX MRNA-USDT-SWAP	0.0000%	8h	174.22	+0.006%	$1.3M	$5.3M	20x	as long as short
QFEX MRNA-USD	0.0000%	1h	174.32	+0.063%	$1.1M	$2.6M	10x	as long as short
Gate MRNA_USDT	0.0000%	8h	174.34	+0.075%	$871K	$997K	20x	as long as short
Bitget MRNAUSDT	0.0000%	8h	174.26	+0.029%	$2.8M	$10.4M	20x	as long as short
Variational Omni MRNA	0.0000%	8h	174.43	+0.128%	$56K	$96K	—	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MRNA_USDT_Perp	0.0000%	8h	174.49	+0.161%	$661	$149K	10x	as long as short
HTX MRNA-USDT	0.0000%	8h	174.39	+0.104%	$14K	$430K	20x	as long as short
Phemex MRNAUSDT	0.0000%	8h	174.40	+0.109%	$1.6M	$644K	20x	as long as short
Injective MRNA/USDC PERP	+0.0033%	1h	158.62	−8.949%	$18K	$8K	12x	as long as short
Arcus MRNA-USDlong	+0.0040%	1h	174.21	long leg	$1K	$64K	10x
Extended MRNA-USD	+0.0048%	1h	174.16	−0.026%	$32K	$32K	10x	as long as short
tradeXYZ xyz:MRNA	+0.0050%	1h	174.20	−0.006%	$2.7M	$4.5M	10x	as long as short
Ondo Perps MRNA-USD.Pshort	+0.0050%	1h	174.17	−0.023%	$43K	$35K	5x
SoDEX MRNA-USD	+0.0258%	1h	174.31	+0.057%	$40K	$56K	10x	as long as short
Phoenix MRNA	+0.0277%	1h	174.47	+0.149%	$5K	$191K	10x	as long as short
Lighter MRNA	+0.0784%	1h	174.53	+0.184%	$158K	$1.1M	10x	as long as short