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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0029%/8h= +3.1% APRnext payment +$0.29 per $10,000 · paid last 24h +0.030%
Price spread now: BloFin against HTX−0.097%59s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.097% cheaper against HTX than usual: you would sell low and buy high (spread −0.097% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 11 days of funding at the current rate (+$1 a day). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX MRNA-USDT172.460get 0.0000% / 8h1h 16m$12K$430K20x
ShortBloFin MRNA-USDT172.290.0029get 0.0029% / 8h1h 16m$44K$29K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$6.03
Price spread: −0.097% → 0.000%
−$9.74
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$27.71
Costs to cover
0.240%
Break-even
39.2 days
Slippage unknown: HTX: live order book, 2 min ago; BloFin: 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 2 min ago15.43 bp130.7 bp −$131doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX MRNA-USD0.0000%1h172.20−0.150%$1.1M$2.7M10xas long as short
Aster MRNAUSDT0.0000%8h172.30−0.094%$29K$81K20xas long as short
Binance MRNAUSDT0.0000%8h172.37−0.051%$2.2M$11.4M20xas long as short
Bybit MRNAUSDT0.0000%8h172.33−0.074%$931K$1.0M25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.17−0.167%$1.4M$4.9M20xas long as short
Gate MRNA_USDT0.0000%8h172.26−0.115%$877K$1.1M20xas long as short
Bitget MRNAUSDT0.0000%8h172.15−0.179%$2.6M$10.4M20xas long as short
Variational Omni MRNA0.0000%8h172.43−0.017%$49K$89Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h172.45−0.005%$504$168K10xas long as short
HTX MRNA-USDTlong0.0000%8h172.46long leg$12K$430K20x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex MRNAUSDT0.0000%8h172.38−0.045%$1.6M$645K20xas long as short
BloFin MRNA-USDTshort+0.0029%8h172.29−0.097%$44K$29K20x
Injective MRNA/USDC PERP+0.0033%1h158.62−8.024%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.19−0.155%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.26−0.116%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.21−0.144%$2.6M$4.2M10xas long as short
SoDEX MRNA-USD+0.0050%1h172.21−0.144%$40K$66K10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.43−0.016%$43K$39K5xas long as short
Lighter MRNA+0.0088%1h172.37−0.051%$124K$1.0M10xas long as short
Phoenix MRNA+0.0324%1h172.32−0.080%$5K$192K10xas long as short
edgeX MRNAUSDC+0.0452%4h172.43−0.018%$3K$243K10xas long as short