MRNA

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.057%

Price spread now: SoDEX against Arcus−0.141%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 SoDEX

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—needs both histories

Funding pays, the price is against you. SoDEX is 0.141% cheaper against Arcus than usual: you would sell low and buy high (spread −0.141% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 48 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	170.75	0.0040	pay 0.0005% / 1h	40m 54s	$2K	$64K	10x
Short	SoDEX MRNA-USD	170.51	0.0050	get 0.0006% / 1h	40m 54s	$39K	$55K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.141%Rate

Funding earned: $2.04
Price spread: −0.141% → 0.000%: −$14.06
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$24.51
Costs to cover: 0.125%
Break-even: 91.0 days

Slippage unknown: Arcus: no order-book sample; SoDEX: 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 SoDEX no order-book sample	—	—	—	—	—

Arcus and 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	−0.0010%	4h	171.29	+0.318%	$3K	$253K	10x	as long as short
QFEX MRNA-USD	0.0000%	1h	170.82	+0.041%	$1.1M	$2.6M	10x	as long as short
Aster MRNAUSDT	0.0000%	8h	170.88	+0.077%	$26K	$82K	20x	as long as short
Binance MRNAUSDT	0.0000%	8h	170.64	−0.065%	$2.1M	$11.3M	20x	as long as short
Bybit MRNAUSDT	0.0000%	8h	170.37	−0.223%	$916K	$608K	25x	as long as short
OKX MRNA-USDT-SWAP	0.0000%	8h	170.50	−0.146%	$1.2M	$5.3M	20x	as long as short
Gate MRNA_USDT	0.0000%	8h	170.52	−0.135%	$873K	$979K	20x	as long as short
Bitget MRNAUSDT	0.0000%	8h	170.47	−0.164%	$2.6M	$10.6M	20x	as long as short
Variational Omni MRNA	0.0000%	8h	170.92	+0.098%	$54K	$92K	—	as long as short
GRVT MRNA_USDT_Perp	0.0000%	8h	171.08	+0.193%	$2	$133K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRNA-USDT	0.0000%	8h	171.02	+0.158%	$14K	$431K	20x	as long as short
Phemex MRNAUSDT	0.0000%	8h	170.58	−0.100%	$1.5M	$646K	20x	as long as short
BloFin MRNA-USDT	+0.0019%	8h	170.94	+0.111%	$45K	$29K	20x	as long as short
Injective MRNA/USDC PERP	+0.0033%	1h	158.62	−7.104%	$18K	$8K	12x	as long as short
Arcus MRNA-USDlong	+0.0040%	1h	170.75	long leg	$2K	$64K	10x
Extended MRNA-USD	+0.0048%	1h	170.50	−0.144%	$31K	$32K	10x	as long as short
tradeXYZ xyz:MRNA	+0.0050%	1h	170.41	−0.199%	$2.5M	$4.4M	10x	as long as short
SoDEX MRNA-USDshort	+0.0050%	1h	170.51	−0.141%	$39K	$55K	10x
Ondo Perps MRNA-USD.P	+0.0050%	1h	171.22	+0.275%	$43K	$36K	5x	as long as short
Phoenix MRNA	+0.0278%	1h	171.09	+0.199%	$5K	$191K	10x	as long as short
Lighter MRNA	+0.0320%	1h	170.53	−0.129%	$120K	$1.2M	10x	as long as short