Funding arb · Price arb /

MRNA

RWAall MRNA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against OKX+0.121%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.121% dearer against OKX than usual: you sell high and buy low, +$12 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX MRNA-USDT-SWAP	172.52	0	get 0.0000% / 8h	1h 26m	$1.4M	$4.9M	20x
Short	Aster MRNAUSDT	172.73	0	get 0.0000% / 8h	1h 26m	$29K	$81K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee AsterbpOrdersPrice spread, now +0.121%Rate

Funding earned: $0
Price spread: +0.121% → 0.000%: $12.08
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$5.92
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 1 min ago; Aster: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 1 min ago	4.92 bp	14.9 bp −$15	157.2 bp −$1,572	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX MRNAUSDC	−0.0885%	4h	172.72	+0.118%	$3K	$242K	10x	as long as short
QFEX MRNA-USD	0.0000%	1h	172.59	+0.041%	$1.1M	$2.7M	10x	as long as short
Aster MRNAUSDTshort	0.0000%	8h	172.73	+0.121%	$29K	$81K	20x
Binance MRNAUSDT	0.0000%	8h	172.66	+0.081%	$2.2M	$11.3M	20x	as long as short
Bybit MRNAUSDT	0.0000%	8h	172.65	+0.075%	$933K	$1.0M	25x	as long as short
OKX MRNA-USDT-SWAPlong	0.0000%	8h	172.52	long leg	$1.4M	$4.9M	20x
Gate MRNA_USDT	0.0000%	8h	172.61	+0.052%	$879K	$1.1M	20x	as long as short
Bitget MRNAUSDT	0.0000%	8h	172.52	0.000%	$2.6M	$10.4M	20x	as long as short
Variational Omni MRNA	0.0000%	8h	172.77	+0.147%	$49K	$98K	—	as long as short
GRVT MRNA_USDT_Perp	0.0000%	8h	172.73	+0.122%	$421	$169K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRNA-USDT	0.0000%	8h	172.73	+0.121%	$12K	$430K	20x	as long as short
Phemex MRNAUSDT	0.0000%	8h	172.60	+0.046%	$1.6M	$642K	20x	as long as short
BloFin MRNA-USDT	+0.0019%	8h	172.71	+0.110%	$44K	$29K	20x	as long as short
Injective MRNA/USDC PERP	+0.0033%	1h	158.62	−8.057%	$18K	$8K	12x	as long as short
Arcus MRNA-USD	+0.0040%	1h	172.47	−0.029%	$2K	$65K	10x	as long as short
tradeXYZ xyz:MRNA	+0.0050%	1h	172.54	+0.012%	$2.6M	$4.2M	10x	as long as short
Ondo Perps MRNA-USD.P	+0.0050%	1h	172.73	+0.122%	$43K	$39K	5x	as long as short
Extended MRNA-USD	+0.0056%	1h	172.53	+0.007%	$32K	$32K	10x	as long as short
Lighter MRNA	+0.0192%	1h	172.67	+0.087%	$124K	$1.0M	10x	as long as short
SoDEX MRNA-USD	+0.0260%	1h	172.57	+0.029%	$40K	$75K	10x	as long as short
Phoenix MRNA	+0.0324%	1h	172.59	+0.041%	$5K	$192K	10x	as long as short