MRNA

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AZversemrna_usdt	198.52	−0.0060	get 0.0008% / 1h	31m 05s	$200K	$335K	—	Long AZverse
SHORT	PhoenixMRNA	198.51	0	0.0000% / 1h	31m 05s	$7K	$136K	10x	Short Phoenix

Price gap−0.005%

Funding gap+0.0060% /8h

Both sides work: funding pays +$2 a day on $10k, and the gap is 0.090% above its 7d average: +$9 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$3+0.0060% /8h now · paid +0.027% over the last 1 day (all we have)

Price+$9spread −0.005% now, avg −0.095% → +0.090% if it goes back

Costsno datano order book for AZverse

Result, before costs+$12+0.12%no pointscosts unknown: no order book for AZverse · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.005%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MRNA on 27 exchanges

lowest funding first

Before you open

3 ok · 1 to watch

Note: Order book unknown—
No order-book sample for AZverse: its slippage is not counted.
Note: Margin at max leverage— + $1,000
AZverse —, Phoenix 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$1.80Long AZverse: 24 payments, +$1.80; short Phoenix: 24 payments, $0.00.
OK: Entry gap works for you−0.005% vs −0.095%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$7K vs $200K OI
Phoenix sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legAZverse No · Phoenix No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0062%/8h × 21 periods+$13.00

Price spread−0.005% → −0.095% (7d avg)+$9.00

Slippage, 4 ordersno data for AZverse—

Fee AZverse bp × 2 orders−$12.00

Fee Phoenix bp × 2 orders−$7.00

Net, fees only · 7 days · $10k+$3.00

Costs to cover0.190%Break-even5.4 days

Slippage: AZverse: no order-book sample; Phoenix: live order book, 61 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGAZverse—————

SELL · SHORTPhoenix6.6419.2 bp−$1946.8 bp−$468doesn’t fitdoesn’t fit

Closing costs about the same again.
AZverse: no data.

MRNA news

posts that mention MRNA, from every exchangeSearch all news →

10-25 09:09	AZverse	Listing	new market mrna_usdt ($MRNA) seen by our collector
10-22 20:48	Arcus	Other	$MRNA fell 25% today and was halted intraday on its primary exchange. The MRNA perp on Arcus kept trading through the halt. Traders could open, reduce, or close positions the entire time - as there is no halt state on Arcus perps. Markets run 24/7. Read more about Arcus RWA Perps here: @arcus_xyz on X ↗
10-22 19:35	Phoenix	Other	Moderna falls after reported leak of Phase 3 melanoma vaccine data showing a 42% cut in recurrence risk, below Phase 2's 49%. $MRNA is trading at $195 on Phoenix, 24/7. @PhoenixTrade on X ↗
10-22 19:27	Bitget	Other	Stay on top of fast-moving stock markets with Bitget Stock Perps. 📈📉 Here's the latest on Moderna $MRNA today ⤵️ @bitget on X ↗
10-20 17:07	Phoenix	Other	JUST IN: Moderna $MRNA is still climbing, up nearly 7% in the last 24 hours ahead of Saturday's Phase 3 cancer vaccine data at ESMO. @PhoenixTrade on X ↗
10-19 13:46	Phoenix	Other	JUST IN: $MRNA jumps 8.45% in anticipation of their Stage 3 cancer vaccine clinical trial results releasing on October 24. @PhoenixTrade on X ↗