Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 201.61 | 0 | 0.0000% / 8h | 1h 53m | $108K | $177K | 20x | Long Variational Omni+15% pts | |
| SHORT | 201.63 | +0.0100 | get 0.0013% / 1h | 53m 56s | $15K | $121K | 20x | Short TxFlow5% off |
Price gap+0.011%45s
Funding gap+0.0100% /8h
Funding trade: +$3 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$16+0.0100% /8h now · paid +0.161% over the last 7D
Price—spread +0.011%45s now · prices read too far apart to compare
Costs−$1431.428% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropVariational Omni: points · TxFlow: points · farm boardneeds both prices read together
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.011%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hMRNA on 27 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size31.1 / 49.6 bpAt $10k entering TxFlow costs 49.6 bp, fee and slippage, 1.6× Variational Omni’s.
- Note: Margin at max leverage$500 + $500Variational Omni 20x, TxFlow 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$3.00Long Variational Omni: 3 payments, $0.00; short TxFlow: 24 payments, +$3.00.
- Watch: Prices read 45 s apart+0.011% vs −0.008%Part of this gap may be the market moving.
- Watch: Short leg is thinner$15K vs $108K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni points · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legVariational Omni No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0077%/8h × 21 periods+$16.10
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$133.80
Fee Variational Omni bp × 2 orders$0.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$126.70
price spread not counted: prices read too far apartCosts to cover1.428%Break-even62.1 days
Slippage: Variational Omni: RFQ quote, 54 min ago; TxFlow: live order book, 34 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni4.4431.1 bp−$3150.3 bp−$503doesn’t fitdoesn’t fit
SELL · SHORTTxFlow3.0049.6 bp−$5090.4 bp−$904doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-25 09:09 | AZverse | Listing | new market mrna_usdt ($MRNA) seen by our collector |
| 10-22 20:48 | Arcus | Other | $MRNA fell 25% today and was halted intraday on its primary exchange. The MRNA perp on Arcus kept trading through the halt. Traders could open, reduce, or close positions the entire time - as there is no halt state on Arcus perps. Markets run 24/7. Read more about Arcus RWA Perps here: @arcus_xyz on X ↗ |
| 10-22 19:35 | Phoenix | Other | Moderna falls after reported leak of Phase 3 melanoma vaccine data showing a 42% cut in recurrence risk, below Phase 2's 49%. $MRNA is trading at $195 on Phoenix, 24/7. @PhoenixTrade on X ↗ |
| 10-22 19:27 | Bitget | Other | Stay on top of fast-moving stock markets with Bitget Stock Perps. 📈📉 Here's the latest on Moderna $MRNA today ⤵️ @bitget on X ↗ |
| 10-20 17:07 | Phoenix | Other | JUST IN: Moderna $MRNA is still climbing, up nearly 7% in the last 24 hours ahead of Saturday's Phase 3 cancer vaccine data at ESMO. @PhoenixTrade on X ↗ |
| 10-19 13:46 | Phoenix | Other | JUST IN: $MRNA jumps 8.45% in anticipation of their Stage 3 cancer vaccine clinical trial results releasing on October 24. @PhoenixTrade on X ↗ |

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