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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bitget+0.223%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$306as in the Funding arb table
Net, price: spread back to 7d avg − costs−$279as in the Price arb table
costs, in and out, $10k−$2992.988% 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)−0.029%−$3 · spread now +0.223%, 7d avg +0.029%
Together, before fees−0.097%−$10 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: HTX is 0.194% dearer against Bitget than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MRNAUSDT168.960get 0.0000% / 8h7h 28m$2.5M$10.8M20x
ShortHTX MRNA-USDT169.340get 0.0000% / 8h7h 28m$13K$432K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.223% → +0.029%
$19.38
Slippage, 4 orders
−$274.85
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$279.46
Costs to cover
2.988%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; HTX: live order book, 4 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 ago4.44 bp18.3 bp −$1860.8 bp −$608doesn't fitdoesn't fit
Sell HTX live order book, 4 min ago45.75 bp77.7 bp −$78doesn't fitdoesn'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
QFEX MRNA-USD0.0000%1h169.02+0.036%$1.1M$2.5M10xas long as short
Aster MRNAUSDT0.0000%8h169.13+0.098%$26K$82K20xas long as short
Binance MRNAUSDT0.0000%8h169.24+0.166%$2.1M$11.5M20xas long as short
Bybit MRNAUSDT0.0000%8h169.20+0.142%$909K$616K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h169.12+0.095%$1.2M$5.4M20xas long as short
Gate MRNA_USDT0.0000%8h169.11+0.089%$866K$984K20xas long as short
Bitget MRNAUSDTlong0.0000%8h168.96long leg$2.5M$10.8M20x
Variational Omni MRNA0.0000%8h169.33+0.217%$54K$92Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h169.29+0.195%$3$133K10xas long as short
HTX MRNA-USDTshort0.0000%8h169.34+0.223%$13K$432K20x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex MRNAUSDT0.0000%8h169.28+0.189%$1.5M$654K20xas long as short
BloFin MRNA-USDT+0.0012%8h168.960.000%$45K$29K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−6.120%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h168.88−0.047%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h169.07+0.067%$31K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h169.07+0.065%$2.5M$4.4M10xas long as short
SoDEX MRNA-USD+0.0050%1h169.00+0.024%$39K$55K10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h168.74−0.130%$42K$36K5xas long as short
Lighter MRNA+0.0216%1h169.17+0.124%$97K$1.2M10xas long as short
Phoenix MRNA+0.0278%1h169.31+0.207%$5K$191K10xas long as short
edgeX MRNAUSDC+0.0725%4h169.23+0.161%$3K$253K10xas long as short