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

MRNA

RWAall MRNA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.043%
Price spread now: GRVT against QFEX+0.081%7-day average +0.296% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$760.759% 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 4 days (all we have)+0.123%+$12 · spread now +0.081%, 7d avg +0.296%
Together, before fees+0.191%+ Points / potential airdropGRVT: Active · farm board+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.214% cheaper against QFEX than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.296%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX MRNA-USD174.350get 0.0000% / 1h26m 41s$1.1M$2.6M10x
ShortGRVT MRNA_USDT_Perp174.490get 0.0000% / 8h3h 26m$661$149K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
Price spread: +0.081% → +0.296%
−$21.43
Slippage, 4 orders
−$56.88
Fee QFEX: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$97.32
Costs to cover
0.759%
Break-even
never at this rate
Slippage from QFEX: live order book, 6 min ago; GRVT: live order book, 21 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 ago2.29 bp14.7 bp −$1522.0 bp −$220doesn't fitdoesn't fit
Sell GRVT live order book, 21 min ago3.15 bp30.5 bp −$30doesn't fitdoesn'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−0.0004%8h174.47+0.069%$45K$29K20xas long as short
Aster MRNAUSDT0.0000%8h174.44+0.050%$28K$82K20xas long as short
Binance MRNAUSDT0.0000%8h174.43+0.046%$2.2M$11.3M20xas long as short
Bybit MRNAUSDT0.0000%8h174.40+0.029%$951K$616K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h174.27−0.046%$1.3M$5.3M20xas long as short
QFEX MRNA-USDlong0.0000%1h174.35long leg$1.1M$2.6M10x
Gate MRNA_USDT0.0000%8h174.45+0.057%$872K$997K20xas long as short
Bitget MRNAUSDT0.0000%8h174.41+0.034%$2.8M$10.4M20xas long as short
Variational Omni MRNA0.0000%8h174.48+0.077%$56K$96Kas long as short
GRVT MRNA_USDT_Perpshort0.0000%8h174.49+0.081%$661$149K10x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRNA-USDT0.0000%8h174.34−0.005%$13K$430K20xas long as short
Phemex MRNAUSDT0.0000%8h174.51+0.092%$1.6M$643K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−9.022%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h174.24−0.063%$2K$64K10xas long as short
Extended MRNA-USD+0.0048%1h174.31−0.022%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h174.33−0.011%$2.7M$4.5M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h174.42+0.040%$43K$35K5xas long as short
edgeX MRNAUSDC+0.0225%4h174.45+0.058%$3K$246K10xas long as short
Phoenix MRNA+0.0277%1h174.49+0.080%$5K$191K10xas long as short
SoDEX MRNA-USD+0.0301%1h174.48+0.075%$40K$56K10xas long as short
Lighter MRNA+0.0808%1h174.61+0.149%$158K$1.1M10xas long as short