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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against QFEX+0.035%7-day average +0.265% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$252as in the Price arb table
costs, in and out, $10k−$2292.290% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.120%+$12 · spread now +0.035%, 7d avg +0.265%
Together, before fees+0.120%+$12 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: HTX is 0.230% cheaper against QFEX than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.265%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX MRNA-USD172.090get 0.0000% / 1h53m 44s$1.1M$2.5M10x
ShortHTX MRNA-USDT172.150get 0.0000% / 8h1h 53m$14K$431K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.035% → +0.265%
−$23.01
Slippage, 4 orders
−$206.99
Fee QFEX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$252
Costs to cover
2.290%
Break-even
never at this rate
Slippage from QFEX: live order book, 4 min ago; HTX: live order book, 55 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, 4 min ago1.74 bp9.6 bp −$1016.5 bp −$165doesn't fitdoesn't fit
Sell HTX live order book, 55 min ago6.33 bp55.3 bp −$55doesn'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
Lighter MRNA−0.0440%1h172.48+0.227%$156K$1.2M10xas long as short
BloFin MRNA-USDT−0.0020%8h172.38+0.169%$45K$29K20xas long as short
Aster MRNAUSDT0.0000%8h172.20+0.067%$26K$83K20xas long as short
Binance MRNAUSDT0.0000%8h172.19+0.061%$2.1M$11.4M20xas long as short
Bybit MRNAUSDT0.0000%8h172.22+0.076%$935K$620K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.25+0.093%$1.3M$5.4M20xas long as short
QFEX MRNA-USDlong0.0000%1h172.09long leg$1.1M$2.5M10x
Gate MRNA_USDT0.0000%8h172.27+0.105%$860K$994K20xas long as short
Bitget MRNAUSDT0.0000%8h172.20+0.064%$2.6M$10.5M20xas long as short
Variational Omni MRNA0.0000%8h172.24+0.090%$56K$96Kas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MRNA_USDT_Perp0.0000%8h172.33+0.139%$605$147K10xas long as short
HTX MRNA-USDTshort0.0000%8h172.15+0.035%$14K$431K20x
Phemex MRNAUSDT0.0000%8h172.23+0.081%$1.6M$654K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−7.827%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.21+0.070%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.08−0.005%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.07−0.012%$2.5M$4.5M10xas long as short
SoDEX MRNA-USD+0.0050%1h172.14+0.029%$40K$56K10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.50+0.238%$43K$35K5xas long as short
Phoenix MRNA+0.0185%1h172.52+0.250%$5K$191K10xas long as short
edgeX MRNAUSDC+0.0961%4h172.54+0.262%$3K$247K10xas long as short