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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.017%
Price spread now: Variational Omni against Extended−0.197%7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.197% cheaper against Extended than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MRNA-USD172.790.0048pay 0.0006% / 1h32m 01s$32K$32K10x
ShortVariational Omni MRNA172.440get 0.0000% / 8h1h 32m$56K$94K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. 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
−$10.08
Price spread: −0.197% → 0.000%
−$19.73
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$34.81
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; 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 Extended no order-book sample
Sell Variational Omni no order-book sample
Extended and 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
BloFin MRNA-USDT−0.0027%8h172.67−0.067%$45K$29K20xas long as short
Lighter MRNA−0.0008%1h172.84+0.031%$156K$1.2M10xas long as short
Aster MRNAUSDT0.0000%8h172.73−0.034%$26K$83K20xas long as short
Binance MRNAUSDT0.0000%8h172.75−0.018%$2.1M$11.4M20xas long as short
Bybit MRNAUSDT0.0000%8h172.83+0.026%$939K$616K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.59−0.113%$1.3M$5.4M20xas long as short
QFEX MRNA-USD0.0000%1h172.61−0.102%$1.1M$2.5M10xas long as short
Gate MRNA_USDT0.0000%8h172.59−0.113%$862K$994K20xas long as short
Bitget MRNAUSDT0.0000%8h172.67−0.067%$2.6M$10.5M20xas long as short
Variational Omni MRNAshort0.0000%8h172.44−0.197%$56K$94K
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MRNA_USDT_Perp0.0000%8h172.51−0.161%$530$147K10xas long as short
HTX MRNA-USDT0.0000%8h172.82+0.020%$14K$431K20xas long as short
Phemex MRNAUSDT0.0000%8h172.76−0.015%$1.6M$651K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.198%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.50−0.165%$2K$65K10xas long as short
Extended MRNA-USDlong+0.0048%1h172.79long leg$32K$32K10x
tradeXYZ xyz:MRNA+0.0050%1h172.63−0.090%$2.5M$4.6M10xas long as short
SoDEX MRNA-USD+0.0050%1h172.67−0.067%$40K$56K10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.47−0.183%$43K$35K5xas long as short
Phoenix MRNA+0.0232%1h172.63−0.090%$5K$191K10xas long as short
edgeX MRNAUSDC+0.0909%4h172.45−0.196%$3K$249K10xas long as short