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 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.043%
Price spread now: GRVT against Bybit+0.117%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1641.640% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.068%+$7 on $10k
Price spread, last 4 days (all we have)+0.005%$0 · spread now +0.117%, 7d avg +0.046%
Together, before fees+0.072%+ Points / potential airdropGRVT: Active · farm board+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.071% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MRNAUSDT173.590get 0.0000% / 8h1h 05m$943K$608K25x
ShortGRVT MRNA_USDT_Perp173.790get 0.0000% / 8h1h 05m$454$145K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$0
Price spread: +0.117% → +0.046%
$7.1
Slippage, 4 orders
−$144
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$156.89
Costs to cover
1.640%
Break-even
never at this rate
Slippage from Bybit: live order book, 65 min ago; GRVT: live order book, 32 min ago.

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, 65 min ago6.95 bp79.6 bp −$80737.8 bp −$7,378doesn't fitdoesn't fit
Sell GRVT live order book, 32 min ago6.96 bp30.4 bp −$30doesn't fitdoesn't fitdoesn't fit

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−0.0425%4h173.82+0.135%$3K$249K10xas long as short
BloFin MRNA-USDT−0.0002%8h173.90+0.179%$45K$30K20xas long as short
Aster MRNAUSDT0.0000%8h173.66+0.042%$27K$83K20xas long as short
Binance MRNAUSDT0.0000%8h173.73+0.078%$2.1M$11.3M20xas long as short
Bybit MRNAUSDTlong0.0000%8h173.59long leg$943K$608K25x
OKX MRNA-USDT-SWAP0.0000%8h173.79+0.115%$1.3M$5.5M20xas long as short
QFEX MRNA-USD0.0000%1h173.60+0.006%$1.1M$2.5M10xas long as short
Gate MRNA_USDT0.0000%8h173.75+0.092%$867K$997K20xas long as short
Bitget MRNAUSDT0.0000%8h173.68+0.052%$2.7M$10.5M20xas long as short
Variational Omni MRNA0.0000%8h173.82+0.135%$58K$96Kas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MRNA_USDT_Perpshort0.0000%8h173.79+0.117%$454$145K10x
HTX MRNA-USDT0.0000%8h173.67+0.045%$13K$430K20xas long as short
Phemex MRNAUSDT0.0000%8h173.77+0.104%$1.6M$645K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.624%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h173.26−0.190%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h173.56−0.018%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h173.58−0.006%$2.6M$4.5M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h173.76+0.098%$43K$36K5xas long as short
Phoenix MRNA+0.0232%1h173.81+0.127%$5K$191K10xas long as short
SoDEX MRNA-USD+0.0302%1h173.71+0.069%$40K$57K10xas long as short
Lighter MRNA+0.0440%1h174.01+0.242%$157K$1.2M10xas long as short