Funding arb · Price arb /

MRNA

RWAall MRNA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%

Price spread now: Gate against Aster−0.017%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.096%+$10 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MRNAUSDT	172.65	0	get 0.0000% / 8h	2h 02m	$26K	$83K	20x
Short	Gate MRNA_USDT	172.62	0	get 0.0000% / 8h	2h 02m	$862K	$999K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Aster. 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 AsterbpFee GatebpOrdersPrice spread, now −0.017%Rate

Funding earned: $0
Price spread: −0.017% → 0.000%: −$1.68
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$24.68
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Gate: live order book, 44 min ago. 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 Aster no order-book sample	—	—	—	—	—
Sell Gate live order book, 44 min ago	17.05 bp	26.4 bp −$26	1120.0 bp −$11.2K	doesn't fit	doesn't fit

Aster: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MRNA	−0.0944%	1h	172.84	+0.111%	$156K	$1.2M	10x	as long as short
edgeX MRNAUSDC	−0.0225%	4h	172.70	+0.031%	$3K	$249K	10x	as long as short
BloFin MRNA-USDT	−0.0010%	8h	172.82	+0.099%	$45K	$29K	20x	as long as short
Aster MRNAUSDTlong	0.0000%	8h	172.65	long leg	$26K	$83K	20x
Binance MRNAUSDT	0.0000%	8h	172.66	+0.006%	$2.1M	$11.4M	20x	as long as short
Bybit MRNAUSDT	0.0000%	8h	172.65	+0.001%	$938K	$621K	25x	as long as short
OKX MRNA-USDT-SWAP	0.0000%	8h	172.65	+0.001%	$1.3M	$5.4M	20x	as long as short
Gate MRNA_USDTshort	0.0000%	8h	172.62	−0.017%	$862K	$999K	20x
Bitget MRNAUSDT	0.0000%	8h	172.62	−0.017%	$2.6M	$10.5M	20x	as long as short
Variational Omni MRNA	0.0000%	8h	172.66	+0.009%	$56K	$96K	—	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MRNA_USDT_Perp	0.0000%	8h	172.71	+0.036%	$3	$147K	10x	as long as short
HTX MRNA-USDT	0.0000%	8h	172.55	−0.060%	$14K	$431K	20x	as long as short
Phemex MRNAUSDT	0.0000%	8h	172.60	−0.028%	$1.6M	$654K	20x	as long as short
QFEX MRNA-USD	0.0000%	1h	172.53	−0.069%	$1.1M	$2.5M	10x	as long as short
Injective MRNA/USDC PERP	+0.0033%	1h	158.62	−8.126%	$18K	$8K	12x	as long as short
Arcus MRNA-USD	+0.0040%	1h	172.53	−0.069%	$2K	$65K	10x	as long as short
Extended MRNA-USD	+0.0048%	1h	172.50	−0.086%	$32K	$32K	10x	as long as short
tradeXYZ xyz:MRNA	+0.0050%	1h	172.60	−0.028%	$2.5M	$4.5M	10x	as long as short
Ondo Perps MRNA-USD.P	+0.0050%	1h	172.47	−0.104%	$43K	$35K	5x	as long as short
Phoenix MRNA	+0.0185%	1h	172.63	−0.011%	$5K	$191K	10x	as long as short
SoDEX MRNA-USD	+0.0236%	1h	172.60	−0.028%	$40K	$56K	10x	as long as short