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

MRNA

RWAall MRNA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: Ondo Perps against Injective+9.658%101s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 9.658% dearer against Injective than usual: you sell high and buy low: +$966 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective MRNA/USDC PERP158.620.0033pay 0.0004% / 1h31m 22s$18K$8K12x
ShortOndo Perps MRNA-USD.P173.940.0050get 0.0006% / 1h31m 22s$43K$39K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Injective. 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
$3.58
Price spread: +9.658% → 0.000%
$965.83
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$964.39
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Ondo Perps: 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 Injective no order-book sample
Sell Ondo Perps no order-book sample
Injective and Ondo Perps: 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−0.0283%4h174.11+9.768%$3K$245K10xas long as short
Aster MRNAUSDT0.0000%8h173.55+9.410%$29K$81K20xas long as short
Bybit MRNAUSDT0.0000%8h173.58+9.431%$942K$1.0M25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h173.54+9.406%$1.3M$5.2M20xas long as short
QFEX MRNA-USD0.0000%1h173.72+9.520%$1.1M$2.7M10xas long as short
Bitget MRNAUSDT0.0000%8h173.55+9.412%$2.7M$10.5M20xas long as short
HTX MRNA-USDT0.0000%8h174.15+9.793%$12K$429K20xas long as short
Phemex MRNAUSDT0.0000%8h173.88+9.620%$1.6M$646K20xas long as short
Injective MRNA/USDC PERPlong+0.0033%1h158.62long leg$18K$8K12x
Arcus MRNA-USD+0.0040%1h173.91+9.639%$2K$65K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MRNA+0.0045%8h174.03+9.714%$49K$89Kas long as short
Extended MRNA-USD+0.0048%1h173.83+9.590%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h173.57+9.425%$2.7M$4.3M10xas long as short
Ondo Perps MRNA-USD.Pshort+0.0050%1h173.94+9.658%$43K$39K5x
BloFin MRNA-USDT+0.0100%8h174.24+9.847%$45K$29K20xas long as short
Gate MRNA_USDT+0.0105%8h173.51+9.387%$871K$1.1M20xas long as short
Binance MRNAUSDT+0.0152%8h173.61+9.450%$2.2M$11.4M20xas long as short
Phoenix MRNA+0.0231%1h173.85+9.602%$5K$193K10xas long as short
SoDEX MRNA-USD+0.1615%1h173.80+9.570%$40K$66K10xas long as short
Lighter MRNA+0.1736%1h174.01+9.702%$123K$1.0M10xas long as short
GRVT MRNA_USDT_Perp+0.2606%8h174.03+9.713%$289$159K10xas long as short