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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.026%
Price spread now: QFEX against Bitget−0.156%7-day average −0.171% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$470.466% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.068%−$7 on $10k
Price spread, last 7 days+0.078%+$8 · spread now −0.156%, 7d avg −0.171%
Together, before fees+0.010%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MRNAUSDT173.040get 0.0000% / 8h2h 53m$2.7M$10.4M20x
ShortQFEX MRNA-USD172.770.0000get 0.0000% / 1h53m 16s$1.1M$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$0.02
Price spread: −0.156% → −0.171%
$1.49
Slippage, 4 orders
−$24.59
Fee Bitget: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$45.08
Costs to cover
0.466%
Break-even
18791.0 days
Slippage from Bitget: live order book, just now; QFEX: 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, just now4.34 bp11.9 bp −$1259.7 bp −$597doesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago3.18 bp10.0 bp −$1015.3 bp −$153doesn'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−0.1032%1h173.29+0.144%$156K$1.2M10xas long as short
Aster MRNAUSDT0.0000%8h172.78−0.152%$27K$83K20xas long as short
Binance MRNAUSDT0.0000%8h173.02−0.010%$2.1M$11.4M20xas long as short
Bybit MRNAUSDT0.0000%8h173.02−0.012%$940K$620K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.97−0.040%$1.3M$5.3M20xas long as short
Gate MRNA_USDT0.0000%8h172.89−0.087%$864K$998K20xas long as short
Bitget MRNAUSDTlong0.0000%8h173.04long leg$2.7M$10.4M20x
Variational Omni MRNA0.0000%8h173.02−0.009%$55K$96Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h173.02−0.009%$242$148K10xas long as short
HTX MRNA-USDT0.0000%8h172.85−0.109%$13K$430K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex MRNAUSDT0.0000%8h172.99−0.029%$1.6M$650K20xas long as short
QFEX MRNA-USDshort0.0000%1h172.77−0.156%$1.1M$2.6M10x
BloFin MRNA-USDT+0.0010%8h173.07+0.017%$45K$29K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.333%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.84−0.116%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.88−0.092%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.90−0.081%$2.6M$4.5M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.77−0.156%$42K$35K5xas long as short
edgeX MRNAUSDC+0.0163%4h172.99−0.029%$3K$247K10xas long as short
Phoenix MRNA+0.0185%1h172.83−0.121%$5K$191K10xas long as short
SoDEX MRNA-USD+0.0201%1h172.93−0.064%$40K$56K10xas long as short