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−0.0883%/8h= −96.7% APRpaid last 24h +0.008%
Price spread now: edgeX against BloFin−0.066%7-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 fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and edgeX is 0.066% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MRNA-USDT172.58−0.0006get 0.0006% / 8h1h 04m$44K$29K20x
ShortedgeX MRNAUSDC172.47−0.0889pay 0.0445% / 4h1h 04m$3K$244K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$185.48
Price spread: −0.066% → 0.000%
−$6.63
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$213.12
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; edgeX: live order book, 13 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 edgeX live order book, 13 min ago3.77 bp10.9 bp −$11doesn't fitdoesn'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 MRNAUSDCshort−0.0889%4h172.47−0.066%$3K$244K10x
BloFin MRNA-USDTlong−0.0006%8h172.58long leg$44K$29K20x
QFEX MRNA-USD0.0000%1h172.38−0.116%$1.1M$2.7M10xas long as short
Aster MRNAUSDT0.0000%8h172.35−0.132%$29K$81K20xas long as short
Binance MRNAUSDT0.0000%8h172.53−0.029%$2.2M$11.4M20xas long as short
Bybit MRNAUSDT0.0000%8h172.57−0.006%$933K$1.0M25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.54−0.023%$1.4M$4.9M20xas long as short
Gate MRNA_USDT0.0000%8h172.42−0.093%$878K$1.1M20xas long as short
Bitget MRNAUSDT0.0000%8h172.34−0.139%$2.6M$10.4M20xas long as short
Variational Omni MRNA0.0000%8h172.47−0.063%$49K$89Kas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MRNA_USDT_Perp0.0000%8h172.45−0.073%$498$167K10xas long as short
HTX MRNA-USDT0.0000%8h172.61+0.016%$12K$430K20xas long as short
Phemex MRNAUSDT0.0000%8h172.56−0.012%$1.6M$646K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.089%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.33−0.145%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.37−0.122%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.38−0.116%$2.6M$4.2M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.41−0.099%$43K$39K5xas long as short
Lighter MRNA+0.0088%1h172.51−0.041%$124K$1.0M10xas long as short
SoDEX MRNA-USD+0.0136%1h172.48−0.058%$40K$66K10xas long as short
Phoenix MRNA+0.0324%1h172.45−0.075%$5K$192K10xas long as short