MRNA

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0185%/8h= +20.3% APRpaid last 24h +0.056%

Price spread now: Phoenix against Bitget+0.041%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$610.609% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.473%+$47 on $10k

Price spread, last 3 days (all we have)−0.015%−$1 · spread now +0.041%, 7d avg +0.023%

Together, before fees+0.458%+$46 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MRNAUSDT	172.60	0	get 0.0000% / 8h	2h 25m	$2.6M	$10.4M	20x
Short	Phoenix MRNA	172.67	0.0185	get 0.0023% / 1h	25m 17s	$5K	$192K	10x

Funding history

latest

Range statsloading…

Phoenix against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BitgetbpFee PhoenixbpOrdersPrice spread, now +0.041%Rate

Slippage from Bitget: live order book, 3 min ago; Phoenix: live order book, 58 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 3 min ago	3.19 bp	15.3 bp −$15	22.3 bp −$223	doesn't fit	doesn't fit
Sell Phoenix live order book, 58 min ago	2.89 bp	17.9 bp −$18	53.7 bp −$537	doesn't fit	doesn't fit

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MRNA-USDT	−0.0012%	8h	172.82	+0.127%	$44K	$29K	20x	as long as short
Aster MRNAUSDT	0.0000%	8h	172.61	+0.008%	$29K	$80K	20x	as long as short
Binance MRNAUSDT	0.0000%	8h	172.72	+0.070%	$2.2M	$11.1M	20x	as long as short
Bybit MRNAUSDT	0.0000%	8h	172.88	+0.162%	$938K	$1.0M	25x	as long as short
OKX MRNA-USDT-SWAP	0.0000%	8h	172.73	+0.075%	$1.4M	$4.9M	20x	as long as short
QFEX MRNA-USD	0.0000%	1h	172.74	+0.081%	$1.1M	$2.6M	10x	as long as short
Gate MRNA_USDT	0.0000%	8h	172.67	+0.041%	$881K	$1.1M	20x	as long as short
Bitget MRNAUSDTlong	0.0000%	8h	172.60	long leg	$2.6M	$10.4M	20x
Variational Omni MRNA	0.0000%	8h	172.76	+0.092%	$34K	$70K	—	as long as short
GRVT MRNA_USDT_Perp	0.0000%	8h	172.75	+0.087%	$7	$174K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRNA-USDT	0.0000%	8h	172.48	−0.069%	$13K	$429K	20x	as long as short
Phemex MRNAUSDT	0.0000%	8h	172.73	+0.075%	$1.6M	$626K	20x	as long as short
Lighter MRNA	+0.0032%	1h	172.68	+0.046%	$126K	$1.0M	10x	as long as short
Injective MRNA/USDC PERP	+0.0033%	1h	158.62	−8.100%	$18K	$8K	12x	as long as short
Arcus MRNA-USD	+0.0040%	1h	172.58	−0.012%	$2K	$65K	10x	as long as short
Extended MRNA-USD	+0.0048%	1h	172.58	−0.013%	$47K	$16K	10x	as long as short
tradeXYZ xyz:MRNA	+0.0050%	1h	172.60	0.000%	$2.6M	$4.1M	10x	as long as short
Ondo Perps MRNA-USD.P	+0.0050%	1h	172.72	+0.070%	$42K	$38K	5x	as long as short
SoDEX MRNA-USD	+0.0146%	1h	172.61	+0.006%	$62	$55K	10x	as long as short
Phoenix MRNAshort	+0.0185%	1h	172.67	+0.041%	$5K	$192K	10x
edgeX MRNAUSDC	+0.0593%	4h	172.76	+0.095%	$3K	$241K	10x	as long as short