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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BloFin−0.069%81s7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Binance is 0.069% cheaper against BloFin than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 8.0 days of funding at the current rate (+$1 a day). The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MRNA-USDT172.77−0.0029get 0.0029% / 8h21m 46s$45K$29K20x
ShortBinance MRNAUSDT172.650get 0.0000% / 8h21m 46s$2.2M$11.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
$6.11
Price spread: −0.069% → 0.000%
−$6.95
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$22.83
Costs to cover
0.220%
Break-even
33.1 days
Slippage unknown: BloFin: no order-book sample; Binance: live order book, 3 min ago. 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 BloFin no order-book sample
Sell Binance live order book, 3 min ago2.03 bp13.0 bp −$1349.8 bp −$498doesn't fitdoesn't fit
BloFin: 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
edgeX MRNAUSDC−0.0808%4h172.70−0.038%$3K$244K10xas long as short
BloFin MRNA-USDTlong−0.0029%8h172.77long leg$45K$29K20x
Aster MRNAUSDT0.0000%8h172.53−0.136%$29K$81K20xas long as short
Binance MRNAUSDTshort0.0000%8h172.65−0.069%$2.2M$11.4M20x
Bybit MRNAUSDT0.0000%8h172.70−0.041%$933K$1.0M25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.80+0.017%$1.4M$5.0M20xas long as short
QFEX MRNA-USD0.0000%1h172.55−0.127%$1.1M$2.7M10xas long as short
Gate MRNA_USDT0.0000%8h172.61−0.093%$879K$1.1M20xas long as short
Bitget MRNAUSDT0.0000%8h172.55−0.127%$2.6M$10.4M20xas long as short
Variational Omni MRNA0.0000%8h172.70−0.043%$49K$89Kas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MRNA_USDT_Perp0.0000%8h172.73−0.022%$592$164K10xas long as short
HTX MRNA-USDT0.0000%8h172.58−0.112%$12K$429K20xas long as short
Phemex MRNAUSDT0.0000%8h172.60−0.098%$1.6M$645K20xas long as short
Lighter MRNA+0.0032%1h172.64−0.075%$124K$1.0M10xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.190%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.47−0.174%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.52−0.144%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.52−0.145%$2.6M$4.2M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.50−0.156%$43K$39K5xas long as short
SoDEX MRNA-USD+0.0116%1h172.58−0.110%$40K$66K10xas long as short
Phoenix MRNA+0.0232%1h172.70−0.041%$5K$191K10xas long as short