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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0137%/8h= +15.0% APRnext payment +$1.37 per $10,000 · paid last 24h −0.009%
Price spread now: Variational Omni against Bitget+0.033%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Variational Omni is 0.033% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MRNAUSDT172.440get 0.0000% / 8h7h 11m$2.6M$10.6M20x
ShortVariational Omni MRNA172.500.0137get 0.0137% / 8h7h 11m$49K$89K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$28.84
Price spread: +0.033% → 0.000%
$3.28
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$20.12
Costs to cover
0.120%
Break-even
2.1 days
Slippage unknown: Bitget: live order book, 2 min ago; Variational Omni: no order-book sample. Net counts fees only.

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, 2 min ago4.05 bp12.0 bp −$1231.5 bp −$315doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Aster MRNAUSDT0.0000%8h172.57+0.075%$29K$81K20xas long as short
Bybit MRNAUSDT0.0000%8h172.49+0.029%$936K$1.0M25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.49+0.029%$1.3M$5.2M20xas long as short
QFEX MRNA-USD0.0000%1h172.41−0.017%$1.1M$2.8M10xas long as short
Gate MRNA_USDT0.0000%8h172.56+0.070%$866K$1.1M20xas long as short
Bitget MRNAUSDTlong0.0000%8h172.44long leg$2.6M$10.6M20x
HTX MRNA-USDT0.0000%8h172.80+0.208%$12K$428K20xas long as short
Phemex MRNAUSDT0.0000%8h172.70+0.151%$1.6M$650K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.014%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.71+0.157%$2K$65K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended MRNA-USD+0.0048%1h172.43−0.007%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.440.000%$2.7M$4.4M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.80+0.209%$43K$39K5xas long as short
Variational Omni MRNAshort+0.0137%8h172.50+0.033%$49K$89K
Binance MRNAUSDT+0.0194%8h172.57+0.074%$2.1M$11.5M20xas long as short
BloFin MRNA-USDT+0.0223%8h172.72+0.162%$44K$29K20xas long as short
Phoenix MRNA+0.0231%1h172.84+0.232%$5K$193K10xas long as short
SoDEX MRNA-USD+0.0606%1h172.68+0.139%$40K$66K10xas long as short
Lighter MRNA+0.0768%1h172.80+0.209%$121K$1.0M10xas long as short
edgeX MRNAUSDC+0.0899%4h172.76+0.187%$3K$246K10xas long as short
GRVT MRNA_USDT_Perp+0.1226%8h172.78+0.197%$219$156K10xas long as short