Funding arb · Price arb /

MRNA

RWAall MRNA markets

Swap Backtest

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 0.000%

Price spread now: Aster against HTX+0.058%53s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.058% dearer against HTX than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX MRNA-USDT	173.64	0	get 0.0000% / 8h	3h 57m	$14K	$431K	20x
Short	Aster MRNAUSDT	173.74	0	get 0.0000% / 8h	3h 57m	$28K	$82K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee AsterbpOrdersPrice spread, now +0.058%Rate

Funding earned: $0
Price spread: +0.058% → 0.000%: $5.76
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$14.24
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 61 min ago; Aster: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 61 min ago	27.69 bp	150.7 bp −$151	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX MRNAUSDC	−0.0717%	4h	173.57	−0.038%	$3K	$245K	10x	as long as short
BloFin MRNA-USDT	−0.0008%	8h	173.51	−0.075%	$45K	$29K	20x	as long as short
Aster MRNAUSDTshort	0.0000%	8h	173.74	+0.058%	$28K	$82K	20x
Bybit MRNAUSDT	0.0000%	8h	173.83	+0.109%	$947K	$615K	25x	as long as short
OKX MRNA-USDT-SWAP	0.0000%	8h	173.69	+0.029%	$1.3M	$5.2M	20x	as long as short
QFEX MRNA-USD	0.0000%	1h	173.56	−0.046%	$1.1M	$2.6M	10x	as long as short
Gate MRNA_USDT	0.0000%	8h	173.70	+0.035%	$868K	$996K	20x	as long as short
Bitget MRNAUSDT	0.0000%	8h	173.70	+0.035%	$2.8M	$10.6M	20x	as long as short
Variational Omni MRNA	0.0000%	8h	173.47	−0.098%	$49K	$89K	—	as long as short
GRVT MRNA_USDT_Perp	0.0000%	8h	173.58	−0.035%	$753	$147K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRNA-USDTlong	0.0000%	8h	173.64	long leg	$14K	$431K	20x
Phemex MRNAUSDT	0.0000%	8h	173.78	+0.081%	$1.6M	$641K	20x	as long as short
Binance MRNAUSDT	+0.0016%	8h	173.81	+0.098%	$2.2M	$11.2M	20x	as long as short
Lighter MRNA	+0.0032%	1h	173.68	+0.023%	$157K	$1.1M	10x	as long as short
Injective MRNA/USDC PERP	+0.0033%	1h	158.62	−8.650%	$18K	$8K	12x	as long as short
Arcus MRNA-USD	+0.0040%	1h	173.47	−0.098%	$2K	$63K	10x	as long as short
Extended MRNA-USD	+0.0048%	1h	173.58	−0.035%	$32K	$32K	10x	as long as short
tradeXYZ xyz:MRNA	+0.0050%	1h	173.64	0.000%	$2.7M	$4.4M	10x	as long as short
Ondo Perps MRNA-USD.P	+0.0050%	1h	173.42	−0.127%	$43K	$35K	5x	as long as short
Phoenix MRNA	+0.0230%	1h	173.53	−0.063%	$5K	$191K	10x	as long as short
SoDEX MRNA-USD	+0.0521%	1h	173.77	+0.075%	$40K	$56K	10x	as long as short