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

MRNA

RWAall MRNA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against GRVT+0.046%7-day average −0.315% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$940.943% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.024%−$2 on $10k
Price spread, last 3 days (all we have)−0.232%−$23 · spread now +0.046%, 7d avg −0.315%
Together, before fees−0.257%+ Points / potential airdropGRVT: Active · farm board−$26 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: QFEX is 0.361% dearer against GRVT than usual: you sell high and buy low, +$36 on $10k if it goes back to its 7-day average of −0.315%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT MRNA_USDT_Perp173.100get 0.0000% / 8h7h 53m$440$163K10x
ShortQFEX MRNA-USD173.180get 0.0000% / 1h53m 38s$1.1M$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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: +0.046% → −0.315%
$36.09
Slippage, 4 orders
−$75.3
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$58.21
Costs to cover
0.943%
Break-even
never at this rate
Slippage from GRVT: live order book, 14 min ago; QFEX: live order book, 9 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, 14 min ago2.59 bp24.7 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 9 min ago2.31 bp19.4 bp −$1929.7 bp −$297doesn'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
edgeX MRNAUSDC−0.0559%4h173.08−0.010%$3K$244K10xas long as short
BloFin MRNA-USDT−0.0012%8h173.13+0.017%$44K$29K20xas long as short
Aster MRNAUSDT0.0000%8h173.08−0.012%$29K$81K20xas long as short
Binance MRNAUSDT0.0000%8h173.23+0.075%$2.2M$11.4M20xas long as short
Bybit MRNAUSDT0.0000%8h173.43+0.191%$941K$1.0M25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h173.29+0.110%$1.3M$5.2M20xas long as short
QFEX MRNA-USDshort0.0000%1h173.18+0.046%$1.1M$2.7M10x
Gate MRNA_USDT0.0000%8h173.15+0.029%$872K$1.1M20xas long as short
Bitget MRNAUSDT0.0000%8h173.07−0.017%$2.6M$10.4M20xas long as short
Variational Omni MRNA0.0000%8h173.14+0.024%$49K$89Kas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MRNA_USDT_Perplong0.0000%8h173.10long leg$440$163K10x
HTX MRNA-USDT0.0000%8h173.28+0.102%$12K$429K20xas long as short
Phemex MRNAUSDT0.0000%8h173.28+0.104%$1.6M$648K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.365%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h173.04−0.035%$2K$65K10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h173.22+0.069%$43K$38K5xas long as short
Phoenix MRNA+0.0232%1h173.26+0.092%$5K$193K10xas long as short
SoDEX MRNA-USD+0.0477%1h173.17+0.040%$40K$66K10xas long as short
tradeXYZ xyz:MRNA+0.0584%1h173.19+0.052%$2.6M$4.2M10xas long as short
Extended MRNA-USD+0.0656%1h173.18+0.045%$32K$32K10xas long as short
Lighter MRNA+0.0744%1h173.22+0.069%$123K$1.0M10xas long as short