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 Gate+0.065%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$940.936% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.096%−$10 on $10k
Price spread, last 7 days−0.172%−$17 · spread now +0.065%, 7d avg −0.038%
Together, before fees−0.269%−$27 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: OKX is 0.103% dearer against Gate than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MRNA_USDT170.480get 0.0000% / 8h4h 47m$880K$994K20x
ShortOKX MRNA-USDT-SWAP170.590get 0.0000% / 8h4h 47m$1.2M$5.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Gate. 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: +0.065% → −0.038%
$10.3
Slippage, 4 orders
−$68.59
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$83.29
Costs to cover
0.936%
Break-even
never at this rate
Slippage from Gate: live order book, 57 min ago; OKX: live order book, 3 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 Gate live order book, 57 min ago13.73 bp22.2 bp −$22528.2 bp −$5,282doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago3.52 bp25.3 bp −$25115.9 bp −$1,159doesn't fitdoesn't fit

MRNA on 21 exchanges

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−0.0018%8h170.75+0.158%$46K$30K20xas long as short
Aster MRNAUSDT0.0000%8h170.60+0.070%$25K$81K20xas long as short
Binance MRNAUSDT0.0000%8h170.44−0.023%$2.1M$12.0M20xas long as short
Bybit MRNAUSDT0.0000%8h170.38−0.059%$920K$620K25xas long as short
OKX MRNA-USDT-SWAPshort0.0000%8h170.59+0.065%$1.2M$5.5M20x
QFEX MRNA-USD0.0000%1h170.26−0.129%$1.1M$2.3M10xas long as short
Gate MRNA_USDTlong0.0000%8h170.48long leg$880K$994K20x
Bitget MRNAUSDT0.0000%8h170.38−0.059%$2.6M$10.9M20xas long as short
Variational Omni MRNA0.0000%8h170.76+0.164%$93K$125Kas long as short
HTX MRNA-USDT0.0000%8h170.35−0.078%$13K$435K20xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex MRNAUSDT0.0000%8h170.46−0.012%$1.5M$689K20xas long as short
Lighter MRNA+0.0032%1h170.39−0.053%$219K$1.6M10xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−6.957%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h170.43−0.029%$2K$64K10xas long as short
Extended MRNA-USD+0.0048%1h170.36−0.073%$31K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h170.38−0.059%$2.6M$4.8M10xas long as short
SoDEX MRNA-USD+0.0050%1h170.37−0.065%$39K$56K10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h170.27−0.123%$42K$39K5xas long as short
Phoenix MRNA+0.0326%1h170.79+0.182%$5K$208K10xas long as short
edgeX MRNAUSDC+0.0523%4h170.75+0.157%$3K$257K10xas long as short
GRVT MRNA_USDT_Perp+0.0532%8h170.82+0.199%$210$130K10xas long as short