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 −0.043%
Price spread now: HTX against GRVT−0.009%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$271as in the Funding arb table
Net, price: spread back to 7d avg − costs−$266as in the Price arb table
costs, in and out, $10k−$2642.640% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.068%−$7 on $10k
Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.009%, 7d avg +0.007%
Together, before fees+0.006%+ Points / potential airdropGRVT: Active · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT MRNA_USDT_Perp172.640get 0.0000% / 8h2h 01m$3$147K10x
ShortHTX MRNA-USDT172.630get 0.0000% / 8h2h 01m$14K$431K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: −0.009% → +0.007%
−$1.6
Slippage, 4 orders
−$243.03
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$265.64
Costs to cover
2.640%
Break-even
never at this rate
Slippage from GRVT: live order book, 41 min ago; HTX: live order book, 47 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, 41 min ago2.60 bp28.4 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 47 min ago6.33 bp55.3 bp −$55doesn't fitdoesn'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
Lighter MRNA−0.0928%1h172.79+0.087%$156K$1.2M10xas long as short
BloFin MRNA-USDT−0.0010%8h172.82+0.104%$45K$29K20xas long as short
Aster MRNAUSDT0.0000%8h172.62−0.010%$26K$83K20xas long as short
Binance MRNAUSDT0.0000%8h172.65+0.006%$2.1M$11.4M20xas long as short
Bybit MRNAUSDT0.0000%8h172.58−0.035%$937K$621K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.57−0.040%$1.3M$5.4M20xas long as short
Gate MRNA_USDT0.0000%8h172.56−0.046%$862K$999K20xas long as short
Bitget MRNAUSDT0.0000%8h172.56−0.046%$2.6M$10.5M20xas long as short
Variational Omni MRNA0.0000%8h172.66+0.014%$56K$96Kas long as short
GRVT MRNA_USDT_Perplong0.0000%8h172.64long leg$3$147K10x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRNA-USDTshort0.0000%8h172.63−0.009%$14K$431K20x
Phemex MRNAUSDT0.0000%8h172.66+0.012%$1.6M$654K20xas long as short
QFEX MRNA-USD0.0000%1h172.53−0.064%$1.1M$2.5M10xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.121%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.52−0.069%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.50−0.083%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.51−0.075%$2.5M$4.5M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.57−0.040%$43K$35K5xas long as short
edgeX MRNAUSDC+0.0073%4h172.65+0.006%$3K$249K10xas long as short
Phoenix MRNA+0.0185%1h172.73+0.052%$5K$191K10xas long as short
SoDEX MRNA-USD+0.0237%1h172.61−0.017%$40K$56K10xas long as short