MRNA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.089%

Price spread now: Lighter against Phemex+0.006%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$930.927% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.323%+$32 on $10k

Price spread, last 3 days (all we have)−0.011%−$1 · spread now +0.006%, 7d avg +0.024%

Together, before fees+0.312%+ Points / potential airdropLighter: Season 3 · farm board+$31 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex MRNAUSDT	172.73	0	get 0.0000% / 8h	18m 04s	$1.6M	$645K	20x
Short	Lighter MRNA	172.74	0.0032	get 0.0004% / 1h	18m 04s	$124K	$1.0M	10x

Funding history

latest

Range statsloading…

Lighter against Phemex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee PhemexbpFee LighterbpOrdersPrice spread, now +0.006%Rate

Slippage from Phemex: live order book, 5 min ago; Lighter: live order book, 3 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Phemex live order book, 5 min ago	2.32 bp	40.5 bp −$41	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 3 min ago	2.89 bp	5.9 bp −$6	28.5 bp −$285	179.2 bp −$17.9K	doesn't fit

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	−0.0028%	8h	172.78	+0.029%	$44K	$29K	20x	as long as short
Aster MRNAUSDT	0.0000%	8h	172.59	−0.081%	$29K	$81K	20x	as long as short
Binance MRNAUSDT	0.0000%	8h	172.77	+0.023%	$2.2M	$11.4M	20x	as long as short
Bybit MRNAUSDT	0.0000%	8h	172.70	−0.017%	$933K	$1.0M	25x	as long as short
OKX MRNA-USDT-SWAP	0.0000%	8h	172.80	+0.041%	$1.4M	$5.0M	20x	as long as short
QFEX MRNA-USD	0.0000%	1h	172.74	+0.006%	$1.1M	$2.7M	10x	as long as short
Gate MRNA_USDT	0.0000%	8h	172.66	−0.041%	$880K	$1.1M	20x	as long as short
Bitget MRNAUSDT	0.0000%	8h	172.63	−0.058%	$2.6M	$10.4M	20x	as long as short
Variational Omni MRNA	0.0000%	8h	172.71	−0.011%	$49K	$89K	—	as long as short
GRVT MRNA_USDT_Perp	0.0000%	8h	172.71	−0.012%	$592	$164K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRNA-USDT	0.0000%	8h	172.75	+0.010%	$12K	$429K	20x	as long as short
Phemex MRNAUSDTlong	0.0000%	8h	172.73	long leg	$1.6M	$645K	20x
Lighter MRNAshort	+0.0032%	1h	172.74	+0.006%	$124K	$1.0M	10x
Injective MRNA/USDC PERP	+0.0033%	1h	158.62	−8.169%	$18K	$8K	12x	as long as short
Arcus MRNA-USD	+0.0040%	1h	172.54	−0.110%	$2K	$65K	10x	as long as short
Extended MRNA-USD	+0.0048%	1h	172.61	−0.068%	$32K	$32K	10x	as long as short
tradeXYZ xyz:MRNA	+0.0050%	1h	172.62	−0.064%	$2.6M	$4.2M	10x	as long as short
Ondo Perps MRNA-USD.P	+0.0050%	1h	172.49	−0.139%	$43K	$39K	5x	as long as short
SoDEX MRNA-USD	+0.0122%	1h	172.64	−0.052%	$40K	$66K	10x	as long as short
Phoenix MRNA	+0.0232%	1h	172.59	−0.081%	$5K	$191K	10x	as long as short
edgeX MRNAUSDC	+0.0467%	4h	172.71	−0.012%	$3K	$244K	10x	as long as short