MRNA

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	KuCoinMRNAUSDTM	189.78	0	0.0000% / 8h	7h 16m	$331K	$1.4M	20x	Long KuCoin
SHORT	tradeXYZxyz:MRNA	189.38	−0.0553	pay 0.0069% / 1h	16m 02s	$21.2M	$12.8M	10x	Short tradeXYZ

Price gap−0.211%

Funding gap−0.0553% /8h

Both sides work against this direction now: funding costs $17 a day on $10k and the gap is 0.066% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$13−0.0553% /8h now · paid −0.132% over the last 7D

Price−$7spread −0.211% now, avg −0.145% → −0.066% if it goes back

Costs−$2162.164% of $10k · taker + slippage, in and out

Result−$236−2.36%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.132% in total, about −0.0063%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.211%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MRNA on 27 exchanges

lowest funding first

Before you open

1 ok · 5 to watch

Watch: Thin at this size163.3 / 5.8 bp
At $10k entering KuCoin costs 163.3 bp, fee and slippage, 28.3× tradeXYZ’s.
Note: Margin at max leverage$500 + $1,000
KuCoin 20x, tradeXYZ 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$16.59Long KuCoin: 3 payments, $0.00; short tradeXYZ: 24 payments, −$16.59.
Watch: Gap narrower than usual−0.211% vs −0.145%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$331K vs $21.2M OI
KuCoin sets your exit cost. Check its book before closing.
OK: Points on a legtradeXYZ points
Volume here counts toward the points program.
Watch: KYCKuCoin Yes · tradeXYZ No
Standard KYC (ID and face check) for any product since Aug 2023.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0063%/8h × 21 periods−$13.15

Price spread−0.211% → −0.145% (7d avg)−$6.59

Slippage, 4 orderslive order books−$202.63

Fee KuCoin bp × 2 orders−$12.00

Fee tradeXYZ bp × 2 orders−$1.80

Net · 7 days · $10k−$236.17

Costs to cover2.164%Break-evennever at this rate

Slippage: KuCoin: live order book, 6 min ago; tradeXYZ: live order book, 9 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGKuCoin9.74163.3 bp−$163doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTtradeXYZ0.795.8 bp−$615.0 bp−$15078.9 bp−$7,890doesn’t fit

Closing costs about the same again.

MRNA news

posts that mention MRNA, from every exchangeSearch all news →

10-25 09:09	AZverse	Listing	new market mrna_usdt ($MRNA) seen by our collector
10-22 20:48	Arcus	Other	$MRNA fell 25% today and was halted intraday on its primary exchange. The MRNA perp on Arcus kept trading through the halt. Traders could open, reduce, or close positions the entire time - as there is no halt state on Arcus perps. Markets run 24/7. Read more about Arcus RWA Perps here: @arcus_xyz on X ↗
10-22 19:35	Phoenix	Other	Moderna falls after reported leak of Phase 3 melanoma vaccine data showing a 42% cut in recurrence risk, below Phase 2's 49%. $MRNA is trading at $195 on Phoenix, 24/7. @PhoenixTrade on X ↗
10-22 19:27	Bitget	Other	Stay on top of fast-moving stock markets with Bitget Stock Perps. 📈📉 Here's the latest on Moderna $MRNA today ⤵️ @bitget on X ↗
10-20 17:07	Phoenix	Other	JUST IN: Moderna $MRNA is still climbing, up nearly 7% in the last 24 hours ahead of Saturday's Phase 3 cancer vaccine data at ESMO. @PhoenixTrade on X ↗
10-19 13:46	Phoenix	Other	JUST IN: $MRNA jumps 8.45% in anticipation of their Stage 3 cancer vaccine clinical trial results releasing on October 24. @PhoenixTrade on X ↗