Settings8H · net · $10k
Funding arb · Price arb /

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0736%/8h= +80.6% APRpaid last 24h +0.038%
Price spread now: edgeX against Aster+0.092%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.322%−$32 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and edgeX is 0.092% dearer against Aster than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.322%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.322% in total (about -16.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MRNAUSDT172.590get 0.0000% / 8h47m 18s$29K$81K20x
ShortedgeX MRNAUSDC172.740.0736get 0.0368% / 4h47m 18s$3K$244K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Aster. 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

Funding earned
$154.52
Price spread: +0.092% → 0.000%
$9.21
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$146.73
Costs to cover
0.170%
Break-even
0.4 days
Slippage unknown: Aster: no order-book sample; edgeX: live order book, 30 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell edgeX live order book, 30 min ago3.77 bp10.9 bp −$11doesn't fitdoesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MRNA-USDT−0.0010%8h172.83+0.142%$44K$29K20xas long as short
Aster MRNAUSDTlong0.0000%8h172.59long leg$29K$81K20x
Binance MRNAUSDT0.0000%8h172.73+0.086%$2.2M$11.4M20xas long as short
Bybit MRNAUSDT0.0000%8h172.70+0.066%$933K$1.0M25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.79+0.118%$1.4M$4.9M20xas long as short
QFEX MRNA-USD0.0000%1h172.64+0.031%$1.1M$2.7M10xas long as short
Gate MRNA_USDT0.0000%8h172.62+0.020%$879K$1.1M20xas long as short
Bitget MRNAUSDT0.0000%8h172.66+0.043%$2.6M$10.5M20xas long as short
Variational Omni MRNA0.0000%8h172.77+0.109%$49K$89Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h172.75+0.094%$178$166K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRNA-USDT0.0000%8h172.69+0.061%$12K$430K20xas long as short
Phemex MRNAUSDT0.0000%8h172.78+0.113%$1.6M$646K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.092%$18K$8K12xas long as short
Lighter MRNA+0.0040%1h172.75+0.095%$124K$1.0M10xas long as short
Arcus MRNA-USD+0.0040%1h172.56−0.015%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.79+0.119%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.70+0.066%$2.6M$4.2M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.49−0.055%$43K$39K5xas long as short
SoDEX MRNA-USD+0.0230%1h172.67+0.049%$40K$66K10xas long as short
Phoenix MRNA+0.0232%1h172.77+0.107%$5K$191K10xas long as short
edgeX MRNAUSDCshort+0.0736%4h172.74+0.092%$3K$244K10x