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

MRNA

RWAall MRNA markets
SwapBacktest
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 +0.017%
Price spread now: Variational Omni against Bybit+0.120%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.120% dearer against Bybit than usual: you sell high and buy low, +$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MRNAUSDT172.120get 0.0000% / 8h2h 13m$935K$621K25x
ShortVariational Omni MRNA172.330get 0.0000% / 8h2h 13m$56K$96K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +0.120% → 0.000%
$12
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$1
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Bybit: live order book, 62 min ago; Variational Omni: 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, 62 min ago6.04 bp54.0 bp −$54658.0 bp −$6,580doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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
Lighter MRNA−0.1208%1h172.53+0.238%$156K$1.2M10xas long as short
BloFin MRNA-USDT−0.0018%8h172.11−0.006%$45K$29K20xas long as short
Aster MRNAUSDT0.0000%8h172.24+0.071%$26K$83K20xas long as short
Binance MRNAUSDT0.0000%8h172.35+0.135%$2.1M$11.4M20xas long as short
Bybit MRNAUSDTlong0.0000%8h172.12long leg$935K$621K25x
OKX MRNA-USDT-SWAP0.0000%8h172.28+0.093%$1.3M$5.4M20xas long as short
Gate MRNA_USDT0.0000%8h172.34+0.128%$861K$999K20xas long as short
Bitget MRNAUSDT0.0000%8h172.41+0.168%$2.6M$10.5M20xas long as short
Variational Omni MRNAshort0.0000%8h172.33+0.120%$56K$96K
GRVT MRNA_USDT_Perp0.0000%8h172.20+0.049%$2$148K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRNA-USDT0.0000%8h172.15+0.017%$13K$431K20xas long as short
Phemex MRNAUSDT0.0000%8h172.27+0.087%$1.6M$654K20xas long as short
QFEX MRNA-USD0.0000%1h172.15+0.017%$1.1M$2.5M10xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−7.843%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.120.000%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.20+0.047%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.15+0.017%$2.5M$4.5M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.13+0.006%$42K$35K5xas long as short
SoDEX MRNA-USD+0.0125%1h172.21+0.052%$40K$56K10xas long as short
Phoenix MRNA+0.0185%1h172.24+0.070%$5K$191K10xas long as short
edgeX MRNAUSDC+0.0794%4h172.27+0.088%$3K$249K10xas long as short