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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0002%/8h= −0.2% APRnext payment $0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Extended against tradeXYZ+0.008%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:MRNA171.910.0050pay 0.0006% / 1h35m 45s$2.6M$4.3M10x
ShortExtended MRNA-USD171.920.0048get 0.0006% / 1h35m 45s$32K$32K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against tradeXYZ. 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
−$0.42
Price spread: +0.008% → 0.000%
$0.77
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$22.65
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 1 min ago; Extended: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 1 min ago1.45 bp13.1 bp −$1319.6 bp −$196doesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MRNA−0.0784%1h172.09+0.105%$109K$1.1M10xas long as short
QFEX MRNA-USD0.0000%1h171.98+0.041%$1.1M$2.7M10xas long as short
Aster MRNAUSDT0.0000%8h172.05+0.080%$28K$81K20xas long as short
Bybit MRNAUSDT0.0000%8h171.98+0.041%$932K$857K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.06+0.087%$1.3M$5.2M20xas long as short
Gate MRNA_USDT0.0000%8h171.96+0.029%$860K$1.0M20xas long as short
Bitget MRNAUSDT0.0000%8h171.96+0.029%$2.6M$10.5M20xas long as short
GRVT MRNA_USDT_Perp0.0000%8h172.18+0.155%$198$153K10xas long as short
HTX MRNA-USDT0.0000%8h172.05+0.079%$12K$428K20xas long as short
Phemex MRNAUSDT0.0000%8h172.01+0.058%$1.5M$645K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MRNAUSDC+0.0024%4h172.14+0.131%$3K$246K10xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−7.731%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h171.99+0.047%$2K$64K10xas long as short
Extended MRNA-USDshort+0.0048%1h171.92+0.008%$32K$32K10x
tradeXYZ xyz:MRNAlong+0.0050%1h171.91long leg$2.6M$4.3M10x
SoDEX MRNA-USD+0.0050%1h172.01+0.058%$40K$66K10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h171.99+0.047%$42K$37K5xas long as short
Variational Omni MRNA+0.0081%8h172.05+0.080%$49K$89Kas long as short
Binance MRNAUSDT+0.0113%8h172.05+0.081%$2.1M$11.3M20xas long as short
BloFin MRNA-USDT+0.0133%8h172.49+0.337%$45K$29K20xas long as short
Phoenix MRNA+0.0279%1h171.98+0.041%$5K$193K10xas long as short