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 −0.026%

Price spread now: Aster against Bitget+0.005%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 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	Bitget MRNAUSDT	172.30	0	get 0.0000% / 8h	1h 49m	$2.6M	$10.5M	20x
Short	Aster MRNAUSDT	172.31	0	get 0.0000% / 8h	1h 49m	$26K	$83K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now +0.005%Rate

Funding earned: $0
Price spread: +0.005% → 0.000%: $0.47
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$19.53
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 4 min ago; Aster: 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 Bitget live order book, 4 min ago	4.94 bp	13.9 bp −$14	46.5 bp −$465	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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
edgeX MRNAUSDC	−0.0869%	4h	172.19	−0.065%	$3K	$248K	10x	as long as short
Lighter MRNA	−0.0416%	1h	172.48	+0.104%	$156K	$1.2M	10x	as long as short
BloFin MRNA-USDT	−0.0014%	8h	172.36	+0.035%	$45K	$29K	20x	as long as short
Aster MRNAUSDTshort	0.0000%	8h	172.31	+0.005%	$26K	$83K	20x
Binance MRNAUSDT	0.0000%	8h	172.34	+0.023%	$2.1M	$11.4M	20x	as long as short
Bybit MRNAUSDT	0.0000%	8h	172.22	−0.046%	$935K	$620K	25x	as long as short
OKX MRNA-USDT-SWAP	0.0000%	8h	172.26	−0.023%	$1.3M	$5.4M	20x	as long as short
QFEX MRNA-USD	0.0000%	1h	172.16	−0.081%	$1.1M	$2.5M	10x	as long as short
Gate MRNA_USDT	0.0000%	8h	172.31	+0.006%	$861K	$994K	20x	as long as short
Bitget MRNAUSDTlong	0.0000%	8h	172.30	long leg	$2.6M	$10.5M	20x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MRNA	0.0000%	8h	172.26	−0.025%	$56K	$94K	—	as long as short
GRVT MRNA_USDT_Perp	0.0000%	8h	172.28	−0.009%	$605	$147K	10x	as long as short
HTX MRNA-USDT	0.0000%	8h	172.07	−0.133%	$14K	$431K	20x	as long as short
Phemex MRNAUSDT	0.0000%	8h	172.32	+0.012%	$1.6M	$654K	20x	as long as short
Injective MRNA/USDC PERP	+0.0033%	1h	158.62	−7.940%	$18K	$8K	12x	as long as short
Arcus MRNA-USD	+0.0040%	1h	172.14	−0.093%	$2K	$65K	10x	as long as short
Extended MRNA-USD	+0.0048%	1h	172.16	−0.081%	$32K	$32K	10x	as long as short
tradeXYZ xyz:MRNA	+0.0050%	1h	172.19	−0.064%	$2.5M	$4.5M	10x	as long as short
SoDEX MRNA-USD	+0.0050%	1h	172.23	−0.041%	$40K	$56K	10x	as long as short
Ondo Perps MRNA-USD.P	+0.0050%	1h	171.97	−0.192%	$43K	$35K	5x	as long as short
Phoenix MRNA	+0.0232%	1h	172.23	−0.041%	$5K	$191K	10x	as long as short