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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Aster−0.066%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
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: QFEX is 0.066% cheaper against Aster than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MRNAUSDT172.730get 0.0000% / 8h1h 27m$29K$81K20x
ShortQFEX MRNA-USD172.620.0000pay 0.0000% / 1h27m 01s$1.1M$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$0.03
Price spread: −0.066% → 0.000%
−$6.65
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$24.68
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; QFEX: live order book, 5 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 QFEX live order book, 5 min ago1.74 bp18.1 bp −$1823.5 bp −$235doesn'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−0.0885%4h172.72−0.006%$3K$242K10xas long as short
QFEX MRNA-USDshort0.0000%1h172.62−0.066%$1.1M$2.6M10x
Aster MRNAUSDTlong0.0000%8h172.73long leg$29K$81K20x
Binance MRNAUSDT0.0000%8h172.68−0.034%$2.2M$11.3M20xas long as short
Bybit MRNAUSDT0.0000%8h172.59−0.084%$933K$1.0M25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.52−0.124%$1.4M$4.9M20xas long as short
Gate MRNA_USDT0.0000%8h172.56−0.101%$879K$1.1M20xas long as short
Bitget MRNAUSDT0.0000%8h172.55−0.107%$2.6M$10.4M20xas long as short
Variational Omni MRNA0.0000%8h172.77+0.022%$49K$98Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h172.73−0.003%$421$169K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRNA-USDT0.0000%8h172.73−0.003%$12K$430K20xas long as short
Phemex MRNAUSDT0.0000%8h172.60−0.078%$1.6M$642K20xas long as short
BloFin MRNA-USDT+0.0019%8h172.71−0.014%$44K$29K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.171%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.47−0.153%$2K$65K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.55−0.107%$2.6M$4.2M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.73−0.003%$43K$39K5xas long as short
Extended MRNA-USD+0.0056%1h172.54−0.111%$32K$32K10xas long as short
Lighter MRNA+0.0208%1h172.71−0.014%$124K$1.0M10xas long as short
SoDEX MRNA-USD+0.0260%1h172.57−0.095%$40K$75K10xas long as short
Phoenix MRNA+0.0324%1h172.59−0.084%$5K$192K10xas long as short