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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against HTX−0.047%7-day average −0.282% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1961.962% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)0.000%$0 on $10k
Price spread, last 3 days (all we have)−0.108%−$11 · spread now −0.047%, 7d avg −0.282%
Together, before fees−0.108%−$11 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 0.235% dearer against HTX than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.282%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX MRNA-USDT172.760get 0.0000% / 8h24m 29s$12K$429K20x
ShortQFEX MRNA-USD172.680get 0.0000% / 1h24m 29s$1.1M$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$0
Price spread: −0.047% → −0.282%
$23.46
Slippage, 4 orders
−$174.17
Fee HTX: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$172.7
Costs to cover
1.962%
Break-even
never at this rate
Slippage from HTX: live order book, 54 min ago; QFEX: live order book, 3 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, 54 min ago15.43 bp130.7 bp −$131doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 3 min ago4.63 bp14.2 bp −$1418.8 bp −$188doesn'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−0.0538%4h172.73−0.020%$3K$243K10xas long as short
Aster MRNAUSDT0.0000%8h172.58−0.106%$29K$81K20xas long as short
Binance MRNAUSDT0.0000%8h172.70−0.035%$2.2M$11.4M20xas long as short
Bybit MRNAUSDT0.0000%8h172.70−0.035%$933K$1.0M25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.59−0.099%$1.4M$5.0M20xas long as short
QFEX MRNA-USDshort0.0000%1h172.68−0.047%$1.1M$2.7M10x
Gate MRNA_USDT0.0000%8h172.66−0.058%$880K$1.1M20xas long as short
Bitget MRNAUSDT0.0000%8h172.59−0.099%$2.6M$10.4M20xas long as short
Variational Omni MRNA0.0000%8h172.70−0.038%$49K$89Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h172.73−0.016%$592$164K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRNA-USDTlong0.0000%8h172.76long leg$12K$429K20x
Phemex MRNAUSDT0.0000%8h172.75−0.006%$1.6M$645K20xas long as short
BloFin MRNA-USDT+0.0002%8h172.68−0.047%$44K$29K20xas long as short
Lighter MRNA+0.0032%1h172.70−0.035%$124K$1.0M10xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.185%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.51−0.145%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.58−0.105%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.58−0.105%$2.6M$4.2M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.50−0.151%$43K$39K5xas long as short
SoDEX MRNA-USD+0.0147%1h172.66−0.058%$40K$66K10xas long as short
Phoenix MRNA+0.0232%1h172.70−0.035%$5K$191K10xas long as short