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 −0.026%
Price spread now: OKX against Bitget−0.046%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$770.771% 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 7 days−0.027%−$3 · spread now −0.046%, 7d avg −0.043%
Together, before fees−0.095%−$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MRNAUSDT172.390get 0.0000% / 8h1h 20m$2.6M$10.4M20x
ShortOKX MRNA-USDT-SWAP172.310get 0.0000% / 8h1h 20m$1.4M$4.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.046% → −0.043%
−$0.39
Slippage, 4 orders
−$55.07
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$77.46
Costs to cover
0.771%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; OKX: live order book, 2 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, 3 min ago6.96 bp16.6 bp −$1729.7 bp −$297doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago4.35 bp25.0 bp −$25116.3 bp −$1,163doesn'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%1h172.35−0.023%$1.1M$2.7M10xas long as short
Aster MRNAUSDT0.0000%8h172.57+0.103%$29K$81K20xas long as short
Binance MRNAUSDT0.0000%8h172.45+0.033%$2.2M$11.3M20xas long as short
Bybit MRNAUSDT0.0000%8h172.53+0.081%$932K$1.0M25xas long as short
OKX MRNA-USDT-SWAPshort0.0000%8h172.31−0.046%$1.4M$4.9M20x
Gate MRNA_USDT0.0000%8h172.35−0.023%$878K$1.1M20xas long as short
Bitget MRNAUSDTlong0.0000%8h172.39long leg$2.6M$10.4M20x
Variational Omni MRNA0.0000%8h172.59+0.118%$49K$98Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h172.68+0.168%$421$169K10xas long as short
HTX MRNA-USDT0.0000%8h172.40+0.006%$12K$430K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex MRNAUSDT0.0000%8h172.42+0.017%$1.6M$642K20xas long as short
BloFin MRNA-USDT+0.0001%8h172.36−0.017%$44K$29K20xas long as short
edgeX MRNAUSDC+0.0002%4h172.60+0.125%$3K$243K10xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−7.988%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.31−0.046%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.43+0.022%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.40+0.006%$2.6M$4.2M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.46+0.041%$43K$39K5xas long as short
Lighter MRNA+0.0128%1h172.51+0.070%$124K$1.0M10xas long as short
SoDEX MRNA-USD+0.0141%1h172.44+0.029%$40K$66K10xas long as short
Phoenix MRNA+0.0324%1h172.62+0.133%$5K$192K10xas long as short