MRNA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.11 per $10,000 · paid last 24h +0.017%

Price spread now: GRVT against BloFin+0.034%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on GRVT

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

The price spread pays, funding is against you. GRVT is 0.034% dearer against BloFin than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 10 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MRNA-USDT	174.43	0.0011	pay 0.0011% / 8h	3h 22m	$45K	$29K	20x
Short	GRVT MRNA_USDT_Perp	174.49	0	get 0.0000% / 8h	3h 22m	$661	$149K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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

Position, each leg$Hold fordaysFee BloFinbpFee GRVTbpOrdersPrice spread, now +0.034%Rate

Funding earned: −$2.36
Price spread: +0.034% → 0.000%: $3.44
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$19.92
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: BloFin: no order-book sample; GRVT: live order book, 25 min ago. Net counts fees only.

Cost to enter

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin no order-book sample	—	—	—	—	—
Sell GRVT live order book, 25 min ago	3.15 bp	30.5 bp −$30	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX MRNAUSDC	−0.0809%	4h	174.50	+0.038%	$3K	$246K	10x	as long as short
Aster MRNAUSDT	0.0000%	8h	174.05	−0.219%	$28K	$82K	20x	as long as short
Binance MRNAUSDT	0.0000%	8h	174.14	−0.165%	$2.2M	$11.3M	20x	as long as short
Bybit MRNAUSDT	0.0000%	8h	174.19	−0.138%	$950K	$615K	25x	as long as short
OKX MRNA-USDT-SWAP	0.0000%	8h	174.12	−0.178%	$1.3M	$5.3M	20x	as long as short
QFEX MRNA-USD	0.0000%	1h	174.14	−0.166%	$1.1M	$2.6M	10x	as long as short
Gate MRNA_USDT	0.0000%	8h	174.29	−0.080%	$871K	$997K	20x	as long as short
Bitget MRNAUSDT	0.0000%	8h	174.19	−0.138%	$2.8M	$10.4M	20x	as long as short
Variational Omni MRNA	0.0000%	8h	174.43	+0.002%	$56K	$96K	—	as long as short
GRVT MRNA_USDT_Perpshort	0.0000%	8h	174.49	+0.034%	$661	$149K	10x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRNA-USDT	0.0000%	8h	174.15	−0.159%	$14K	$430K	20x	as long as short
Phemex MRNAUSDT	0.0000%	8h	174.29	−0.080%	$1.6M	$644K	20x	as long as short
BloFin MRNA-USDTlong	+0.0011%	8h	174.43	long leg	$45K	$29K	20x
Injective MRNA/USDC PERP	+0.0033%	1h	158.62	−9.064%	$18K	$8K	12x	as long as short
Arcus MRNA-USD	+0.0040%	1h	174.18	−0.143%	$1K	$64K	10x	as long as short
Extended MRNA-USD	+0.0048%	1h	174.09	−0.193%	$32K	$32K	10x	as long as short
tradeXYZ xyz:MRNA	+0.0050%	1h	174.11	−0.183%	$2.7M	$4.5M	10x	as long as short
Ondo Perps MRNA-USD.P	+0.0050%	1h	174.17	−0.149%	$43K	$35K	5x	as long as short
SoDEX MRNA-USD	+0.0223%	1h	174.19	−0.138%	$40K	$56K	10x	as long as short
Phoenix MRNA	+0.0277%	1h	174.47	+0.023%	$5K	$191K	10x	as long as short
Lighter MRNA	+0.0760%	1h	174.46	+0.017%	$158K	$1.1M	10x	as long as short