MRNA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.03 per $10,000 · paid last 24h +0.015%

Price spread now: tradeXYZ against Ondo Perps+0.150%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on tradeXYZ

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · tradeXYZ: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.150% dearer against Ondo Perps than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps MRNA-USD.P	172.82	0.0050	pay 0.0006% / 1h	31m 54s	$43K	$35K	5x
Short	tradeXYZ xyz:MRNA	173.08	0.0072	get 0.0009% / 1h	31m 54s	$2.6M	$4.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Position, each leg$Hold fordaysFee Ondo PerpsbpFee tradeXYZbpOrdersPrice spread, now +0.150%Rate

Funding earned: $4.59
Price spread: +0.150% → 0.000%: $15.04
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$3.36
Costs to cover: 0.230%
Break-even: 12.1 days

Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Ondo Perps no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 6 min ago	2.02 bp	15.6 bp −$16	25.4 bp −$254	doesn't fit	doesn't fit

Ondo Perps: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MRNA-USDT	−0.0029%	8h	173.23	+0.237%	$45K	$29K	20x	as long as short
Aster MRNAUSDT	0.0000%	8h	173.06	+0.137%	$26K	$82K	20x	as long as short
Binance MRNAUSDT	0.0000%	8h	173.12	+0.171%	$2.1M	$11.2M	20x	as long as short
Bybit MRNAUSDT	0.0000%	8h	173.03	+0.122%	$940K	$603K	25x	as long as short
OKX MRNA-USDT-SWAP	0.0000%	8h	173.08	+0.150%	$1.3M	$5.4M	20x	as long as short
Gate MRNA_USDT	0.0000%	8h	173.13	+0.179%	$883K	$983K	20x	as long as short
Bitget MRNAUSDT	0.0000%	8h	173.17	+0.203%	$2.6M	$10.5M	20x	as long as short
Variational Omni MRNA	0.0000%	8h	173.32	+0.290%	$57K	$94K	—	as long as short
GRVT MRNA_USDT_Perp	0.0000%	8h	173.28	+0.267%	$404	$142K	10x	as long as short
HTX MRNA-USDT	0.0000%	8h	172.68	−0.081%	$13K	$430K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex MRNAUSDT	0.0000%	8h	173.19	+0.214%	$1.6M	$639K	20x	as long as short
QFEX MRNA-USD	+0.0001%	1h	172.88	+0.035%	$1.1M	$2.5M	10x	as long as short
Lighter MRNA	+0.0032%	1h	173.36	+0.312%	$156K	$1.2M	10x	as long as short
Injective MRNA/USDC PERP	+0.0033%	1h	158.62	−8.217%	$18K	$8K	12x	as long as short
Arcus MRNA-USD	+0.0040%	1h	172.94	+0.069%	$2K	$65K	10x	as long as short
Ondo Perps MRNA-USD.Plong	+0.0050%	1h	172.82	long leg	$43K	$35K	5x
Extended MRNA-USD	+0.0072%	1h	173.03	+0.120%	$32K	$32K	10x	as long as short
tradeXYZ xyz:MRNAshort	+0.0072%	1h	173.08	+0.150%	$2.6M	$4.3M	10x
SoDEX MRNA-USD	+0.0191%	1h	173.00	+0.104%	$40K	$55K	10x	as long as short
Phoenix MRNA	+0.0230%	1h	173.36	+0.312%	$5K	$191K	10x	as long as short
edgeX MRNAUSDC	+0.0899%	4h	173.25	+0.248%	$3K	$250K	10x	as long as short