MRNA

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Ondo PerpsMRNA-USD.P	199.17	+0.0050	pay 0.0006% / 1h	52m 20s	$7K	$327K	5x	Long Ondo Perps5% off
SHORT	BingXNCSKMRNA2USD-USDT	200.82	+0.0050	get 0.0050% / 8h	1h 52m	$949K	$1.4M	—	Short BingX

Price gap+0.828%

Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$68 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$100.0000% /8h now · paid +0.100% over the last 7D

Price+$68spread +0.828% now, avg +0.152% → +0.676% if it goes back

Costs−$790.789% of $10k · taker + slippage, in and out

Result−$1−0.01%+ Points / potential airdropOndo Perps: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.828%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MRNA on 27 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Thin at this size27.4 / 10.9 bp
At $10k entering Ondo Perps costs 27.4 bp, fee and slippage, 2.5× BingX’s.
Note: Margin at max leverage$2,000 + —
Ondo Perps 5x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$0.01Long Ondo Perps: 24 payments, −$1.51; short BingX: 3 payments, +$1.50.
OK: Entry gap works for you+0.828% vs +0.152%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$7K vs $949K OI
Ondo Perps sets your exit cost. Check its book before closing.
OK: Points on a legOndo Perps points
Volume here counts toward the points program.
Watch: KYCOndo Perps No · BingX Yes
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0048%/8h × 21 periods+$10.00

Price spread+0.828% → +0.152% (7d avg)+$67.63

Slippage, 4 orderslive order books−$63.94

Fee Ondo Perps bp × 2 orders−$5.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$1.30

Costs to cover0.789%Break-even7.9 days

Slippage: Ondo Perps: live order book, 55 min ago; BingX: live order book, 16 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGOndo Perps24.7927.4 bp−$2728.3 bp−$283doesn’t fitdoesn’t fit

SELL · SHORTBingX2.0210.9 bp−$1137.3 bp−$37386.4 bp−$8,636doesn’t fit

Closing costs about the same again.

MRNA news

posts that mention MRNA, from every exchangeSearch all news →

10-25 09:09	AZverse	Listing	new market mrna_usdt ($MRNA) seen by our collector
10-22 20:48	Arcus	Other	$MRNA fell 25% today and was halted intraday on its primary exchange. The MRNA perp on Arcus kept trading through the halt. Traders could open, reduce, or close positions the entire time - as there is no halt state on Arcus perps. Markets run 24/7. Read more about Arcus RWA Perps here: @arcus_xyz on X ↗
10-22 19:35	Phoenix	Other	Moderna falls after reported leak of Phase 3 melanoma vaccine data showing a 42% cut in recurrence risk, below Phase 2's 49%. $MRNA is trading at $195 on Phoenix, 24/7. @PhoenixTrade on X ↗
10-22 19:27	Bitget	Other	Stay on top of fast-moving stock markets with Bitget Stock Perps. 📈📉 Here's the latest on Moderna $MRNA today ⤵️ @bitget on X ↗
10-20 17:07	Phoenix	Other	JUST IN: Moderna $MRNA is still climbing, up nearly 7% in the last 24 hours ahead of Saturday's Phase 3 cancer vaccine data at ESMO. @PhoenixTrade on X ↗
10-19 13:46	Phoenix	Other	JUST IN: $MRNA jumps 8.45% in anticipation of their Stage 3 cancer vaccine clinical trial results releasing on October 24. @PhoenixTrade on X ↗