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

MRNA

RWAall MRNA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.63 per $10,000 · paid last 24h +0.026%
Price spread now: BloFin against Bybit−0.075%72s7-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. BloFin is 0.075% cheaper against Bybit than usual: you would sell low and buy high (spread −0.075% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 3.9 days of funding at the current rate (+$2 a day). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MRNAUSDT174.020get 0.0000% / 8h5h 08m$945K$658K25x
ShortBloFin MRNA-USDT173.890.0063get 0.0063% / 8h5h 08m$45K$29K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
$13.3
Price spread: −0.075% → 0.000%
−$7.47
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$17.17
Costs to cover
0.230%
Break-even
16.0 days
Slippage unknown: Bybit: live order book, 17 min ago; BloFin: 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 Bybit live order book, 17 min ago4.60 bp94.9 bp −$951052.5 bp −$10.5Kdoesn't fitdoesn't fit
Sell BloFin no order-book sample
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
Aster MRNAUSDT0.0000%8h173.88−0.079%$28K$82K20xas long as short
Bybit MRNAUSDTlong0.0000%8h174.02long leg$945K$658K25x
OKX MRNA-USDT-SWAP0.0000%8h173.84−0.103%$1.3M$5.3M20xas long as short
QFEX MRNA-USD0.0000%1h173.82−0.115%$1.1M$2.7M10xas long as short
Gate MRNA_USDT0.0000%8h173.92−0.057%$870K$1.0M20xas long as short
Bitget MRNAUSDT0.0000%8h173.77−0.144%$2.7M$10.5M20xas long as short
Variational Omni MRNA0.0000%8h173.96−0.034%$49K$89Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h173.99−0.016%$623$148K10xas long as short
HTX MRNA-USDT0.0000%8h173.87−0.084%$13K$434K20xas long as short
Phemex MRNAUSDT0.0000%8h173.99−0.017%$1.6M$642K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective MRNA/USDC PERP+0.0033%1h158.62−8.850%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h173.81−0.121%$2K$63K10xas long as short
Binance MRNAUSDT+0.0050%8h173.99−0.017%$2.2M$11.3M20xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h173.71−0.178%$43K$35K5xas long as short
BloFin MRNA-USDTshort+0.0063%8h173.89−0.075%$45K$29K20x
tradeXYZ xyz:MRNA+0.0109%1h173.85−0.098%$2.6M$4.4M10xas long as short
Extended MRNA-USD+0.0112%1h173.86−0.089%$32K$32K10xas long as short
Phoenix MRNA+0.0185%1h173.88−0.080%$5K$189K10xas long as short
SoDEX MRNA-USD+0.0350%1h173.96−0.034%$40K$56K10xas long as short
edgeX MRNAUSDC+0.0648%4h173.99−0.019%$3K$244K10xas long as short
Lighter MRNA+0.1320%1h173.97−0.029%$104K$1.1M10xas long as short