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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0986%/8h= +107.9% APRpaid last 24h +0.037%
Price spread now: edgeX against OKX−0.001%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$470.473% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.363%−$36 on $10k
Price spread, last 4 days (all we have)+0.113%+$11 · spread now −0.001%, 7d avg +0.018%
Together, before fees−0.249%+ Points / potential airdropedgeX: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$30 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.363%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.363% in total (about -18.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MRNA-USDT-SWAP173.790get 0.0000% / 8h1h 00m$1.3M$5.5M20x
ShortedgeX MRNAUSDC173.790.0986get 0.0493% / 4h1h 00m$3K$250K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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

Funding earned
$206.99
Price spread: −0.001% → +0.018%
−$1.85
Slippage, 4 orders
−$28.31
Fee OKX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$157.83
Costs to cover
0.473%
Break-even
1.7 days
Slippage from OKX: live order book, 2 min ago; edgeX: live order book, 41 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 OKX live order book, 2 min ago3.16 bp12.4 bp −$12131.7 bp −$1,317doesn't fitdoesn't fit
Sell edgeX live order book, 41 min ago2.61 bp9.6 bp −$10doesn't fitdoesn'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
BloFin MRNA-USDT−0.0008%8h173.75−0.023%$45K$30K20xas long as short
Aster MRNAUSDT0.0000%8h173.73−0.032%$27K$83K20xas long as short
Binance MRNAUSDT0.0000%8h173.75−0.023%$2.1M$11.3M20xas long as short
Bybit MRNAUSDT0.0000%8h173.70−0.052%$943K$607K25xas long as short
OKX MRNA-USDT-SWAPlong0.0000%8h173.79long leg$1.3M$5.5M20x
QFEX MRNA-USD0.0000%1h173.67−0.069%$1.1M$2.5M10xas long as short
Gate MRNA_USDT0.0000%8h173.70−0.052%$867K$997K20xas long as short
Bitget MRNAUSDT0.0000%8h173.64−0.086%$2.7M$10.5M20xas long as short
Variational Omni MRNA0.0000%8h173.74−0.026%$58K$96Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h173.77−0.011%$454$145K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRNA-USDT0.0000%8h173.77−0.011%$13K$430K20xas long as short
Phemex MRNAUSDT0.0000%8h173.74−0.029%$1.6M$644K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.729%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h173.25−0.311%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h173.65−0.081%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h173.52−0.155%$2.6M$4.5M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h173.49−0.173%$43K$35K5xas long as short
Phoenix MRNA+0.0232%1h173.93+0.081%$5K$191K10xas long as short
SoDEX MRNA-USD+0.0288%1h173.75−0.023%$40K$57K10xas long as short
Lighter MRNA+0.0488%1h173.96+0.098%$157K$1.2M10xas long as short
edgeX MRNAUSDCshort+0.0986%4h173.79−0.001%$3K$250K10x