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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against Bitget+0.026%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$510.511% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.030%−$3 on $10k
Price spread, last 2 days (all we have)−0.014%−$1 · spread now +0.026%, 7d avg +0.022%
Together, before fees−0.044%−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MRNAUSDT172.610get 0.0000% / 8h2h 28m$2.6M$10.3M20x
ShortBinance MRNAUSDT172.650get 0.0000% / 8h2h 28m$2.2M$11.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: +0.026% → +0.022%
$0.35
Slippage, 4 orders
−$29.14
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$50.79
Costs to cover
0.511%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago4.93 bp15.1 bp −$1526.6 bp −$266doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago2.03 bp13.6 bp −$1445.7 bp −$457doesn't fitdoesn't fit

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−0.0911%4h172.63+0.010%$3K$243K10xas long as short
BloFin MRNA-USDT−0.0007%8h172.64+0.017%$44K$29K20xas long as short
Aster MRNAUSDT0.0000%8h172.53−0.049%$29K$80K20xas long as short
Binance MRNAUSDTshort0.0000%8h172.65+0.026%$2.2M$11.1M20x
Bybit MRNAUSDT0.0000%8h172.91+0.174%$938K$1.0M25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.78+0.098%$1.4M$4.9M20xas long as short
QFEX MRNA-USD0.0000%1h172.75+0.081%$1.1M$2.6M10xas long as short
Gate MRNA_USDT0.0000%8h172.72+0.064%$881K$1.1M20xas long as short
Bitget MRNAUSDTlong0.0000%8h172.61long leg$2.6M$10.3M20x
Variational Omni MRNA0.0000%8h172.67+0.036%$34K$70Kas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MRNA_USDT_Perp0.0000%8h172.57−0.021%$511$173K10xas long as short
HTX MRNA-USDT0.0000%8h172.14−0.271%$12K$429K20xas long as short
Phemex MRNAUSDT0.0000%8h172.65+0.023%$1.6M$625K20xas long as short
Lighter MRNA+0.0032%1h172.74+0.075%$126K$1.0M10xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.105%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.60−0.006%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.69+0.045%$47K$16K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.68+0.041%$2.6M$4.1M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.37−0.139%$42K$38K5xas long as short
SoDEX MRNA-USD+0.0113%1h172.56−0.029%$62$55K10xas long as short
Phoenix MRNA+0.0185%1h172.67+0.035%$5K$192K10xas long as short