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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Aster+0.160%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 days0.000%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.160% dearer against Aster than usual: you sell high and buy low, +$16 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MRNAUSDT170.020get 0.0000% / 8h7h 02m$26K$81K20x
ShortPhemex MRNAUSDT170.290get 0.0000% / 8h7h 02m$1.5M$673K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
$0
Price spread: +0.160% → 0.000%
$16
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$4
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Phemex: live order book, 1 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 Phemex live order book, 1 min ago2.06 bp38.8 bp −$39doesn'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
edgeX MRNAUSDC−0.0438%4h169.92−0.059%$3K$255K10xas long as short
QFEX MRNA-USD0.0000%1h170.10+0.048%$1.1M$2.5M10xas long as short
Aster MRNAUSDTlong0.0000%8h170.02long leg$26K$81K20x
Binance MRNAUSDT0.0000%8h170.24+0.131%$2.1M$11.7M20xas long as short
Bybit MRNAUSDT0.0000%8h170.20+0.107%$914K$617K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h169.99−0.016%$1.2M$5.4M20xas long as short
Gate MRNA_USDT0.0000%8h170.16+0.084%$864K$997K20xas long as short
Bitget MRNAUSDT0.0000%8h170.02+0.001%$2.6M$11.0M20xas long as short
Variational Omni MRNA0.0000%8h169.79−0.136%$57K$95Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h169.89−0.073%$566$131K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRNA-USDT0.0000%8h170.00−0.008%$13K$432K20xas long as short
Phemex MRNAUSDTshort0.0000%8h170.29+0.160%$1.5M$673K20x
BloFin MRNA-USDT+0.0027%8h170.17+0.089%$45K$29K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−6.704%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h170.11+0.054%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h170.15+0.080%$31K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h170.18+0.095%$2.6M$4.5M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h169.73−0.169%$42K$38K5xas long as short
SoDEX MRNA-USD+0.0243%1h170.21+0.113%$39K$55K10xas long as short
Phoenix MRNA+0.0278%1h170.03+0.007%$5K$191K10xas long as short
Lighter MRNA+0.0360%1h170.43+0.242%$236K$1.5M10xas long as short