MRNA

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCMRNASTOCK_USDT	185.97	0	0.0000% / 8h	2h 50m	$9.1M	$1.9M	50x	Long MEXC
SHORT	Ondo PerpsMRNA-USD.P	185.41	+0.0050	get 0.0006% / 1h	50m 27s	$7K	$291K	5x	Short Ondo Perps5% off

Price gap−0.301%

Funding gap+0.0050% /8h

Funding pays +$2 a day on $10k, but the gap is 0.158% under its 7d average: −$16 if it goes back, about 10 days of funding.

If you open now and hold

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

Funding−$3+0.0050% /8h now · paid −0.027% over the last 7D

Price−$16spread −0.301% now, avg −0.143% → −0.158% if it goes back

Costs−$300.295% of $10k · taker + slippage, in and out

Result−$48−0.48%+ Points / potential airdropOndo Perps: points · farm boardWhat the last 7D really paid, hour by hour → backtest

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−0.301%

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: Large against open interest6.2 / 8.6 bp
$10k is over 10% of Ondo Perps’s open interest.
Note: Margin at max leverage$200 + $2,000
MEXC 50x, Ondo Perps 5x. 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: +$1.51Long MEXC: 3 payments, $0.00; short Ondo Perps: 24 payments, +$1.51.
Watch: Gap narrower than usual−0.301% vs −0.143%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$7K vs $9.1M OI
Ondo Perps sets your exit cost. Check its book before closing.
OK: Points on a legOndo Perps points
Volume here counts toward the points program.
Watch: KYCMEXC Yes · Ondo Perps No
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0013%/8h × 21 periods−$2.69

Price spread−0.301% → −0.143% (7d avg)−$15.78

Slippage, 4 orderslive order books−$20.54

Fee MEXC bp × 2 orders−$4.00

Fee Ondo Perps bp × 2 orders−$5.00

Net · 7 days · $10k−$48.01

Costs to cover0.295%Break-evennever at this rate

Slippage: MEXC: live order book, 2 min ago; Ondo Perps: live order book, 61 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC1.886.2 bp−$688.4 bp−$884210.1 bp−$21.0Kdoesn’t fit

SELL · SHORTOndo Perps5.458.6 bp−$930.2 bp−$302doesn’t fitdoesn’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 ↗