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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0477%/8h= +52.2% APRpaid last 24h +0.098%
Price spread now: SoDEX against Aster+0.038%55s7-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 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
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and SoDEX is 0.038% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MRNAUSDT173.100get 0.0000% / 8h7h 53m$29K$81K20x
ShortSoDEX MRNA-USD173.170.0477get 0.0060% / 1h53m 22s$40K$66K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$100.08
Price spread: +0.038% → 0.000%
$3.82
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$87.9
Costs to cover
0.160%
Break-even
0.9 days
Slippage unknown: Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell SoDEX no order-book sample
Aster 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MRNAUSDC−0.0559%4h173.08−0.012%$3K$244K10xas long as short
BloFin MRNA-USDT−0.0012%8h173.13+0.015%$44K$29K20xas long as short
Aster MRNAUSDTlong0.0000%8h173.10long leg$29K$81K20x
Binance MRNAUSDT0.0000%8h173.28+0.099%$2.2M$11.4M20xas long as short
Bybit MRNAUSDT0.0000%8h173.42+0.183%$941K$1.0M25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h173.29+0.108%$1.3M$5.2M20xas long as short
QFEX MRNA-USD0.0000%1h173.18+0.044%$1.1M$2.7M10xas long as short
Gate MRNA_USDT0.0000%8h173.15+0.027%$872K$1.1M20xas long as short
Bitget MRNAUSDT0.0000%8h173.07−0.020%$2.6M$10.4M20xas long as short
Variational Omni MRNA0.0000%8h173.14+0.022%$49K$89Kas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MRNA_USDT_Perp0.0000%8h173.10−0.002%$440$163K10xas long as short
HTX MRNA-USDT0.0000%8h173.28+0.099%$12K$429K20xas long as short
Phemex MRNAUSDT0.0000%8h173.28+0.102%$1.6M$648K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.367%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h173.04−0.037%$2K$65K10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h173.22+0.067%$43K$38K5xas long as short
Phoenix MRNA+0.0231%1h173.22+0.067%$5K$193K10xas long as short
SoDEX MRNA-USDshort+0.0477%1h173.17+0.038%$40K$66K10x
tradeXYZ xyz:MRNA+0.0560%1h173.19+0.050%$2.6M$4.2M10xas long as short
Extended MRNA-USD+0.0592%1h173.18+0.043%$32K$32K10xas long as short
Lighter MRNA+0.0744%1h173.22+0.067%$123K$1.0M10xas long as short