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 22:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h −0.005%
Price spread now: Arcus against Variational Omni+0.024%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.024% dearer against Variational Omni than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MRNA172.760get 0.0000% / 8h2h 22m$34K$70K
ShortArcus MRNA-USD172.800.0040get 0.0005% / 1h22m 19s$2K$65K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Variational Omni. 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
$8.46
Price spread: +0.024% → 0.000%
$2.38
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$6.33
Costs to cover
0.045%
Break-even
1.8 days
Slippage unknown: Variational Omni: no order-book sample; Arcus: 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 Variational Omni no order-book sample
Sell Arcus no order-book sample
Variational Omni and Arcus: 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
BloFin MRNA-USDT−0.0004%8h172.93+0.099%$44K$29K20xas long as short
Aster MRNAUSDT0.0000%8h172.90+0.080%$29K$81K20xas long as short
Binance MRNAUSDT0.0000%8h173.13+0.215%$2.2M$11.2M20xas long as short
Bybit MRNAUSDT0.0000%8h173.02+0.151%$938K$1.0M25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h173.06+0.174%$1.4M$4.9M20xas long as short
QFEX MRNA-USD0.0000%1h172.63−0.075%$1.1M$2.6M10xas long as short
Gate MRNA_USDT0.0000%8h172.96+0.116%$882K$1.1M20xas long as short
Bitget MRNAUSDT0.0000%8h173.01+0.145%$2.6M$10.4M20xas long as short
Variational Omni MRNAlong0.0000%8h172.76long leg$34K$70K
GRVT MRNA_USDT_Perp0.0000%8h172.75−0.005%$7$174K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRNA-USDT0.0000%8h172.55−0.120%$13K$429K20xas long as short
Phemex MRNAUSDT0.0000%8h172.96+0.116%$1.6M$627K20xas long as short
Lighter MRNA+0.0032%1h172.84+0.047%$124K$1.0M10xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.184%$18K$8K12xas long as short
Arcus MRNA-USDshort+0.0040%1h172.80+0.024%$2K$65K10x
Extended MRNA-USD+0.0048%1h172.78+0.010%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.82+0.035%$2.6M$4.1M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.66−0.057%$42K$39K5xas long as short
Phoenix MRNA+0.0185%1h172.60−0.092%$5K$192K10xas long as short
SoDEX MRNA-USD+0.0198%1h172.88+0.070%$62$55K10xas long as short
edgeX MRNAUSDC+0.0593%4h172.76+0.002%$3K$241K10xas long as short