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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.026%
Price spread now: Bitget against GRVT−0.029%53s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$790.791% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 3 days (all we have)−0.185%−$18 · spread now −0.029%, 7d avg −0.018%
Together, before fees−0.156%+ Points / potential airdropGRVT: Active · farm board−$16 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT MRNA_USDT_Perp172.750get 0.0000% / 8h2h 24m$7$174K10x
ShortBitget MRNAUSDT172.700get 0.0000% / 8h2h 24m$2.6M$10.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against GRVT. 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: −0.029% → −0.018%
−$1.09
Slippage, 4 orders
−$58.07
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$80.17
Costs to cover
0.791%
Break-even
never at this rate
Slippage from GRVT: live order book, 62 min ago; Bitget: live order book, 4 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 GRVT live order book, 62 min ago3.18 bp21.0 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago3.19 bp11.2 bp −$1115.2 bp −$152doesn'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
BloFin MRNA-USDT−0.0012%8h172.82+0.041%$44K$29K20xas long as short
Aster MRNAUSDT0.0000%8h172.61−0.079%$29K$80K20xas long as short
Binance MRNAUSDT0.0000%8h172.750.000%$2.2M$11.1M20xas long as short
Bybit MRNAUSDT0.0000%8h172.94+0.110%$938K$1.0M25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.73−0.012%$1.4M$4.9M20xas long as short
QFEX MRNA-USD0.0000%1h172.74−0.006%$1.1M$2.6M10xas long as short
Gate MRNA_USDT0.0000%8h172.66−0.052%$881K$1.1M20xas long as short
Bitget MRNAUSDTshort0.0000%8h172.70−0.029%$2.6M$10.4M20x
Variational Omni MRNA0.0000%8h172.76+0.005%$34K$70Kas long as short
GRVT MRNA_USDT_Perplong0.0000%8h172.75long leg$7$174K10x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRNA-USDT0.0000%8h172.48−0.156%$13K$429K20xas long as short
Phemex MRNAUSDT0.0000%8h172.73−0.012%$1.6M$626K20xas long as short
Lighter MRNA+0.0032%1h172.76+0.006%$124K$1.0M10xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.179%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.59−0.093%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.59−0.094%$47K$16K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.66−0.052%$2.6M$4.1M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.66−0.052%$42K$39K5xas long as short
SoDEX MRNA-USD+0.0146%1h172.61−0.081%$62$55K10xas long as short
Phoenix MRNA+0.0185%1h172.67−0.046%$5K$192K10xas long as short
edgeX MRNAUSDC+0.0593%4h172.76+0.008%$3K$241K10xas long as short