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+0.0217%/8h= +23.8% APRpaid last 24h +0.038%
Price spread now: edgeX against HTX+0.093%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$282as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2502.497% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.322%−$32 on $10k
Price spread, last 3 days (all we have)−0.128%−$13 · spread now +0.093%, 7d avg −0.048%
Together, before fees−0.450%+ Points / potential airdropedgeX: Active · farm board−$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and edgeX is 0.141% dearer against HTX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.048%. Mind the row above: over the last 7 days funding on this pair cost −0.322%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX MRNA-USDT172.790get 0.0000% / 8h2h 07m$12K$429K20x
ShortedgeX MRNAUSDC172.950.0217get 0.0109% / 4h2h 07m$3K$242K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$45.6
Price spread: +0.093% → −0.048%
$14.06
Slippage, 4 orders
−$228.67
Fee HTX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$190.01
Costs to cover
2.497%
Break-even
36.2 days
Slippage from HTX: live order book, 16 min ago; edgeX: live order book, 15 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 HTX live order book, 16 min ago16.31 bp169.1 bp −$169doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 15 min ago4.62 bp29.4 bp −$29doesn'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
Aster MRNAUSDT0.0000%8h172.80+0.004%$29K$81K20xas long as short
Binance MRNAUSDT0.0000%8h172.87+0.045%$2.2M$11.2M20xas long as short
Bybit MRNAUSDT0.0000%8h173.00+0.120%$936K$1.0M25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.85+0.034%$1.4M$4.9M20xas long as short
QFEX MRNA-USD0.0000%1h172.75−0.024%$1.1M$2.6M10xas long as short
Gate MRNA_USDT0.0000%8h172.85+0.034%$881K$1.1M20xas long as short
Bitget MRNAUSDT0.0000%8h172.83+0.022%$2.6M$10.4M20xas long as short
Variational Omni MRNA0.0000%8h173.06+0.153%$28K$77Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h172.99+0.115%$3$172K10xas long as short
HTX MRNA-USDTlong0.0000%8h172.79long leg$12K$429K20x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex MRNAUSDT0.0000%8h172.93+0.080%$1.6M$634K20xas long as short
BloFin MRNA-USDT+0.0021%8h172.98+0.109%$44K$29K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.202%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.76−0.019%$2K$65K10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.71−0.047%$43K$39K5xas long as short
Lighter MRNA+0.0088%1h172.91+0.068%$125K$1.0M10xas long as short
tradeXYZ xyz:MRNA+0.0142%1h172.80+0.005%$2.6M$4.2M10xas long as short
Extended MRNA-USD+0.0144%1h172.75−0.026%$32K$32K10xas long as short
Phoenix MRNA+0.0185%1h172.88+0.051%$5K$192K10xas long as short
edgeX MRNAUSDCshort+0.0217%4h172.95+0.093%$3K$242K10x
SoDEX MRNA-USD+0.0421%1h172.82+0.016%$69$55K10xas long as short