MRNA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.027%

Price spread now: Ondo Perps against tradeXYZ−0.098%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on tradeXYZ Short on Ondo Perps

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · Ondo Perps: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Ondo Perps is 0.098% cheaper against tradeXYZ than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:MRNA	173.63	0.0104	pay 0.0013% / 1h	49m 53s	$2.6M	$4.4M	10x
Short	Ondo Perps MRNA-USD.P	173.46	0.0050	get 0.0006% / 1h	49m 53s	$43K	$35K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Position, each leg$Hold fordaysFee tradeXYZbpFee Ondo PerpsbpOrdersPrice spread, now −0.098%Rate

Funding earned: −$11.24
Price spread: −0.098% → 0.000%: −$9.79
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$44.03
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 8 min ago; Ondo Perps: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy tradeXYZ live order book, 8 min ago	1.16 bp	16.6 bp −$17	doesn't fit	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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 20 venues

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
Aster MRNAUSDT	0.0000%	8h	173.64	+0.009%	$28K	$81K	20x	as long as short
Bybit MRNAUSDT	0.0000%	8h	173.76	+0.075%	$943K	$662K	25x	as long as short
OKX MRNA-USDT-SWAP	0.0000%	8h	173.69	+0.035%	$1.3M	$5.3M	20x	as long as short
QFEX MRNA-USD	0.0000%	1h	173.48	−0.086%	$1.1M	$2.7M	10x	as long as short
Gate MRNA_USDT	0.0000%	8h	173.61	−0.012%	$865K	$1.0M	20x	as long as short
Bitget MRNAUSDT	0.0000%	8h	173.62	−0.006%	$2.7M	$10.6M	20x	as long as short
GRVT MRNA_USDT_Perp	0.0000%	8h	173.69	+0.035%	$313	$150K	10x	as long as short
HTX MRNA-USDT	0.0000%	8h	173.76	+0.075%	$13K	$430K	20x	as long as short
Phemex MRNAUSDT	0.0000%	8h	173.78	+0.086%	$1.6M	$644K	20x	as long as short
Variational Omni MRNA	+0.0029%	8h	173.70	+0.041%	$49K	$89K	—	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective MRNA/USDC PERP	+0.0033%	1h	158.62	−8.645%	$18K	$8K	12x	as long as short
Arcus MRNA-USD	+0.0040%	1h	173.51	−0.069%	$2K	$64K	10x	as long as short
Ondo Perps MRNA-USD.Pshort	+0.0050%	1h	173.46	−0.098%	$43K	$35K	5x
Binance MRNAUSDT	+0.0077%	8h	173.79	+0.092%	$2.1M	$11.3M	20x	as long as short
Extended MRNA-USD	+0.0096%	1h	173.62	−0.007%	$32K	$32K	10x	as long as short
tradeXYZ xyz:MRNAlong	+0.0104%	1h	173.63	long leg	$2.6M	$4.4M	10x
Phoenix MRNA	+0.0185%	1h	173.14	−0.282%	$5K	$189K	10x	as long as short
edgeX MRNAUSDC	+0.0344%	4h	173.72	+0.052%	$3K	$244K	10x	as long as short
SoDEX MRNA-USD	+0.0811%	1h	173.73	+0.058%	$40K	$56K	10x	as long as short
Lighter MRNA	+0.1792%	1h	173.69	+0.035%	$104K	$1.1M	10x	as long as short