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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Aster against Ondo Perps+0.056%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · Aster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.056% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.056% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps MRNA-USD.P170.720.0050pay 0.0006% / 1h50m 21s$42K$39K5x
ShortAster MRNAUSDT170.820get 0.0000% / 8h4h 50m$25K$81K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Ondo Perps. 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
−$10.58
Price spread: +0.056% → 0.000%
$5.63
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$17.95
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Aster no order-book sample
Ondo Perps and 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 exchanges

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−0.0019%8h170.75+0.018%$46K$30K20xas long as short
Aster MRNAUSDTshort0.0000%8h170.82+0.056%$25K$81K20x
Binance MRNAUSDT0.0000%8h170.82+0.056%$2.1M$12.0M20xas long as short
Bybit MRNAUSDT0.0000%8h170.720.000%$922K$620K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h170.50−0.129%$1.2M$5.5M20xas long as short
QFEX MRNA-USD0.0000%1h170.67−0.029%$1.1M$2.3M10xas long as short
Gate MRNA_USDT0.0000%8h170.71−0.006%$881K$994K20xas long as short
Bitget MRNAUSDT0.0000%8h170.50−0.129%$2.6M$10.9M20xas long as short
Variational Omni MRNA0.0000%8h170.76+0.023%$93K$125Kas long as short
HTX MRNA-USDT0.0000%8h170.82+0.059%$13K$434K20xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex MRNAUSDT0.0000%8h170.78+0.035%$1.5M$688K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−7.088%$18K$8K12xas long as short
Lighter MRNA+0.0040%1h170.69−0.018%$227K$1.6M10xas long as short
Arcus MRNA-USD+0.0040%1h170.64−0.047%$2K$64K10xas long as short
Extended MRNA-USD+0.0048%1h170.64−0.049%$31K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h170.64−0.047%$2.6M$4.8M10xas long as short
SoDEX MRNA-USD+0.0050%1h170.70−0.012%$39K$56K10xas long as short
Ondo Perps MRNA-USD.Plong+0.0050%1h170.72long leg$42K$39K5x
edgeX MRNAUSDC+0.0228%4h171.21+0.285%$3K$256K10xas long as short
Phoenix MRNA+0.0326%1h170.93+0.123%$5K$208K10xas long as short
GRVT MRNA_USDT_Perp+0.0580%8h171.26+0.317%$550$129K10xas long as short