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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.040%
Price spread now: Extended against HTX+0.025%7-day average · you sell dearer than you buy
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.025% dearer against HTX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX MRNA-USDT174.270get 0.0000% / 8h3h 29m$13K$431K20x
ShortExtended MRNA-USD174.310.0048get 0.0006% / 1h29m 37s$32K$32K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$10.08
Price spread: +0.025% → 0.000%
$2.5
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$4.42
Costs to cover
0.170%
Break-even
10.1 days
Slippage unknown: HTX: live order book, 24 min ago; Extended: 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, 24 min ago7.20 bp160.4 bp −$160doesn't fitdoesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: 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
edgeX MRNAUSDC−0.0145%4h174.49+0.127%$3K$248K10xas long as short
Aster MRNAUSDT0.0000%8h174.43+0.094%$28K$82K20xas long as short
Binance MRNAUSDT0.0000%8h174.45+0.104%$2.2M$11.3M20xas long as short
Bybit MRNAUSDT0.0000%8h174.39+0.069%$951K$616K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h174.36+0.052%$1.3M$5.3M20xas long as short
QFEX MRNA-USD0.0000%1h174.34+0.041%$1.1M$2.6M10xas long as short
Gate MRNA_USDT0.0000%8h174.44+0.098%$872K$997K20xas long as short
Bitget MRNAUSDT0.0000%8h174.40+0.075%$2.8M$10.4M20xas long as short
Variational Omni MRNA0.0000%8h174.48+0.124%$56K$96Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h174.47+0.115%$171$148K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRNA-USDTlong0.0000%8h174.27long leg$13K$431K20x
Phemex MRNAUSDT0.0000%8h174.51+0.138%$1.6M$643K20xas long as short
BloFin MRNA-USDT+0.0022%8h174.44+0.098%$45K$29K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.980%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h174.24−0.017%$2K$64K10xas long as short
Extended MRNA-USDshort+0.0048%1h174.31+0.025%$32K$32K10x
tradeXYZ xyz:MRNA+0.0050%1h174.34+0.041%$2.7M$4.5M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h174.24−0.017%$43K$35K5xas long as short
Phoenix MRNA+0.0277%1h174.45+0.104%$5K$191K10xas long as short
SoDEX MRNA-USD+0.0342%1h174.43+0.092%$40K$56K10xas long as short
Lighter MRNA+0.0816%1h174.58+0.178%$158K$1.1M10xas long as short