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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit0.000%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1791.791% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.019%+$2 · spread now 0.000%, 7d avg −0.011%
Together, before fees+0.019%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MRNAUSDT169.150get 0.0000% / 8h7h 27m$909K$616K25x
ShortOKX MRNA-USDT-SWAP169.150get 0.0000% / 8h7h 27m$1.2M$5.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: 0.000% → −0.011%
$1.13
Slippage, 4 orders
−$158.13
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$178
Costs to cover
1.791%
Break-even
never at this rate
Slippage from Bybit: live order book, 32 min ago; OKX: live order book, 5 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, 32 min ago4.93 bp40.0 bp −$40749.4 bp −$7,494doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago2.37 bp21.7 bp −$22106.0 bp −$1,060doesn'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
QFEX MRNA-USD0.0000%1h169.01−0.083%$1.1M$2.5M10xas long as short
Aster MRNAUSDT0.0000%8h169.18+0.017%$26K$82K20xas long as short
Binance MRNAUSDT0.0000%8h169.29+0.083%$2.1M$11.5M20xas long as short
Bybit MRNAUSDTlong0.0000%8h169.15long leg$909K$616K25x
OKX MRNA-USDT-SWAPshort0.0000%8h169.150.000%$1.2M$5.4M20x
Gate MRNA_USDT0.0000%8h169.23+0.047%$867K$984K20xas long as short
Bitget MRNAUSDT0.0000%8h169.11−0.024%$2.5M$10.8M20xas long as short
Variational Omni MRNA0.0000%8h169.33+0.105%$54K$92Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h169.29+0.083%$3$133K10xas long as short
HTX MRNA-USDT0.0000%8h169.32+0.103%$13K$432K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex MRNAUSDT0.0000%8h169.26+0.065%$1.5M$655K20xas long as short
BloFin MRNA-USDT+0.0012%8h168.96−0.112%$45K$29K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−6.225%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h168.96−0.112%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h169.03−0.071%$31K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h169.08−0.041%$2.5M$4.4M10xas long as short
SoDEX MRNA-USD+0.0050%1h169.10−0.030%$39K$55K10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h168.74−0.242%$42K$36K5xas long as short
Lighter MRNA+0.0200%1h169.35+0.118%$97K$1.2M10xas long as short
Phoenix MRNA+0.0278%1h169.31+0.095%$5K$191K10xas long as short
edgeX MRNAUSDC+0.0725%4h169.23+0.049%$3K$253K10xas long as short