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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against QFEX+0.182%7-day average +0.168% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$820.819% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.068%+$7 on $10k
Price spread, last 7 days−0.130%−$13 · spread now +0.182%, 7d avg +0.168%
Together, before fees−0.062%−$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX MRNA-USD170.780.0000get 0.0000% / 1h46m 59s$1.1M$2.6M10x
ShortBitget MRNAUSDT171.090get 0.0000% / 8h7h 46m$2.6M$10.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against QFEX. 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
$0.05
Price spread: +0.182% → +0.168%
$1.34
Slippage, 4 orders
−$59.93
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$80.54
Costs to cover
0.819%
Break-even
11193.0 days
Slippage from QFEX: live order book, 6 min ago; Bitget: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 6 min ago9.03 bp14.0 bp −$1420.9 bp −$209doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago5.27 bp21.6 bp −$2268.5 bp −$685doesn't fitdoesn't fit

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
BloFin MRNA-USDT−0.0025%8h170.79+0.006%$45K$29K20xas long as short
QFEX MRNA-USDlong0.0000%1h170.78long leg$1.1M$2.6M10x
Aster MRNAUSDT0.0000%8h171.02+0.141%$26K$82K20xas long as short
Binance MRNAUSDT0.0000%8h171.15+0.214%$2.1M$11.3M20xas long as short
Bybit MRNAUSDT0.0000%8h171.12+0.199%$921K$601K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h171.27+0.287%$1.2M$5.4M20xas long as short
Gate MRNA_USDT0.0000%8h171.10+0.187%$876K$979K20xas long as short
Bitget MRNAUSDTshort0.0000%8h171.09+0.182%$2.6M$10.5M20x
Variational Omni MRNA0.0000%8h170.98+0.115%$57K$90Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h170.72−0.033%$70$141K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRNA-USDT0.0000%8h170.97+0.109%$14K$430K20xas long as short
Phemex MRNAUSDT0.0000%8h170.96+0.105%$1.5M$643K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−7.120%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h170.77−0.006%$2K$64K10xas long as short
Extended MRNA-USD+0.0048%1h171.04+0.154%$31K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h171.06+0.164%$2.5M$4.3M10xas long as short
SoDEX MRNA-USD+0.0050%1h170.72−0.035%$39K$55K10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h170.74−0.023%$43K$36K5xas long as short
Phoenix MRNA+0.0278%1h170.83+0.029%$5K$191K10xas long as short
Lighter MRNA+0.0280%1h170.95+0.100%$120K$1.2M10xas long as short
edgeX MRNAUSDC+0.0440%4h170.75−0.019%$3K$252K10xas long as short