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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0324%/8h= +35.4% APRpaid last 24h +0.096%
Price spread now: SoDEX against OKX+0.046%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and SoDEX is 0.046% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MRNA-USDT-SWAP173.840get 0.0000% / 8h5h 03m$1.3M$5.3M20x
ShortSoDEX MRNA-USD173.920.0324get 0.0040% / 1h3m 53s$40K$56K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$67.97
Price spread: +0.046% → 0.000%
$4.6
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$54.57
Costs to cover
0.180%
Break-even
1.4 days
Slippage unknown: OKX: live order book, 4 min ago; SoDEX: 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago3.74 bp13.4 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MRNAUSDC−0.0910%4h173.98+0.078%$3K$245K10xas long as short
Aster MRNAUSDT0.0000%8h173.85+0.004%$28K$82K20xas long as short
Bybit MRNAUSDT0.0000%8h173.95+0.063%$945K$658K25xas long as short
OKX MRNA-USDT-SWAPlong0.0000%8h173.84long leg$1.3M$5.3M20x
QFEX MRNA-USD0.0000%1h173.840.000%$1.1M$2.7M10xas long as short
Gate MRNA_USDT0.0000%8h173.93+0.052%$870K$1.0M20xas long as short
Bitget MRNAUSDT0.0000%8h173.80−0.023%$2.7M$10.5M20xas long as short
Variational Omni MRNA0.0000%8h173.96+0.067%$49K$89Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h174.00+0.093%$592$148K10xas long as short
HTX MRNA-USDT0.0000%8h173.68−0.094%$13K$433K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex MRNAUSDT0.0000%8h173.91+0.040%$1.6M$641K20xas long as short
BloFin MRNA-USDT+0.0021%8h173.97+0.075%$45K$29K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.755%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h173.81−0.017%$2K$63K10xas long as short
Binance MRNAUSDT+0.0044%8h173.92+0.046%$2.2M$11.3M20xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h173.89+0.029%$43K$35K5xas long as short
tradeXYZ xyz:MRNA+0.0093%1h173.82−0.012%$2.6M$4.4M10xas long as short
Extended MRNA-USD+0.0096%1h173.81−0.019%$32K$32K10xas long as short
Phoenix MRNA+0.0185%1h173.93+0.052%$5K$189K10xas long as short
SoDEX MRNA-USDshort+0.0324%1h173.92+0.046%$40K$56K10x
Lighter MRNA+0.1264%1h173.96+0.069%$104K$1.1M10xas long as short