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

MRNA

RWAall MRNA markets
SwapBacktest
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 +0.017%
Price spread now: Gate against OKX+0.017%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1211.208% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.097%+$10 on $10k
Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.017%, 7d avg +0.003%
Together, before fees+0.093%+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MRNA-USDT-SWAP172.880get 0.0000% / 8h2h 12m$1.4M$4.9M20x
ShortGate MRNA_USDT172.910get 0.0000% / 8h2h 12m$882K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: +0.017% → +0.003%
$1.44
Slippage, 4 orders
−$95.76
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$119.31
Costs to cover
1.208%
Break-even
never at this rate
Slippage from OKX: live order book, 6 min ago; Gate: live order book, 5 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, 6 min ago3.76 bp28.7 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 5 min ago19.08 bp35.1 bp −$35190.8 bp −$1,908doesn'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
Aster MRNAUSDT0.0000%8h173.02+0.083%$29K$81K20xas long as short
Binance MRNAUSDT0.0000%8h173.04+0.093%$2.2M$11.2M20xas long as short
Bybit MRNAUSDT0.0000%8h172.99+0.064%$936K$1.0M25xas long as short
OKX MRNA-USDT-SWAPlong0.0000%8h172.88long leg$1.4M$4.9M20x
QFEX MRNA-USD0.0000%1h172.89+0.006%$1.1M$2.6M10xas long as short
Gate MRNA_USDTshort0.0000%8h172.91+0.017%$882K$1.1M20x
Bitget MRNAUSDT0.0000%8h172.84−0.023%$2.6M$10.4M20xas long as short
Variational Omni MRNA0.0000%8h173.02+0.079%$28K$77Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h173.11+0.131%$2$172K10xas long as short
HTX MRNA-USDT0.0000%8h173.12+0.137%$12K$429K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex MRNAUSDT0.0000%8h172.99+0.064%$1.6M$633K20xas long as short
BloFin MRNA-USDT+0.0016%8h173.15+0.156%$44K$29K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.248%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.93+0.029%$2K$65K10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h173.11+0.133%$43K$39K5xas long as short
Lighter MRNA+0.0104%1h173.04+0.093%$125K$1.0M10xas long as short
edgeX MRNAUSDC+0.0141%4h173.12+0.138%$3K$243K10xas long as short
Extended MRNA-USD+0.0152%1h172.96+0.045%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0156%1h172.97+0.052%$2.6M$4.2M10xas long as short
Phoenix MRNA+0.0185%1h173.08+0.116%$5K$192K10xas long as short
SoDEX MRNA-USD+0.0482%1h172.97+0.052%$69$55K10xas long as short