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

MRNA

RWAall MRNA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.026%
Price spread now: Bybit against Bitget−0.052%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1261.263% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.068%−$7 on $10k
Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.052%, 7d avg −0.022%
Together, before fees−0.137%−$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.030% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MRNAUSDT172.110get 0.0000% / 8h2h 19m$2.6M$10.5M20x
ShortBybit MRNAUSDT172.020get 0.0000% / 8h2h 19m$934K$621K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.052% → −0.022%
−$3.02
Slippage, 4 orders
−$103.27
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$129.29
Costs to cover
1.263%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; Bybit: live order book, 56 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, 4 min ago3.49 bp13.6 bp −$1445.9 bp −$459doesn't fitdoesn't fit
Sell Bybit live order book, 56 min ago6.04 bp44.0 bp −$441201.4 bp −$12.0Kdoesn'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
Lighter MRNA−0.1296%1h172.35+0.139%$156K$1.2M10xas long as short
edgeX MRNAUSDC−0.0911%4h172.01−0.059%$3K$248K10xas long as short
Aster MRNAUSDT0.0000%8h172.12+0.009%$26K$83K20xas long as short
Binance MRNAUSDT0.0000%8h172.23+0.067%$2.1M$11.4M20xas long as short
Bybit MRNAUSDTshort0.0000%8h172.02−0.052%$934K$621K25x
OKX MRNA-USDT-SWAP0.0000%8h172.18+0.041%$1.3M$5.3M20xas long as short
Gate MRNA_USDT0.0000%8h172.24+0.076%$860K$999K20xas long as short
Bitget MRNAUSDTlong0.0000%8h172.11long leg$2.6M$10.5M20x
Variational Omni MRNA0.0000%8h171.99−0.067%$56K$96Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h172.12+0.005%$546$147K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRNA-USDT0.0000%8h172.04−0.041%$13K$431K20xas long as short
Phemex MRNAUSDT0.0000%8h172.17+0.035%$1.5M$654K20xas long as short
QFEX MRNA-USD0.0000%1h171.97−0.081%$1.1M$2.5M10xas long as short
BloFin MRNA-USDT+0.0008%8h172.20+0.052%$45K$29K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−7.838%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h171.94−0.099%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h171.96−0.086%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.03−0.046%$2.5M$4.5M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h171.81−0.174%$42K$35K5xas long as short
SoDEX MRNA-USD+0.0063%1h172.12+0.006%$40K$56K10xas long as short
Phoenix MRNA+0.0185%1h171.95−0.093%$5K$191K10xas long as short