Settings8H · net · $10k
Funding arb · Price arb /

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bitget−0.097%46s7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2042.039% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.068%−$7 on $10k
Price spread, last 4 days (all we have)+0.219%+$22 · spread now −0.097%, 7d avg +0.031%
Together, before fees+0.151%+$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.128% cheaper against Bitget than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.031%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MRNAUSDT171.090get 0.0000% / 8h5h 44m$2.6M$11.1M20x
ShortHTX MRNA-USDT170.920get 0.0000% / 8h5h 44m$13K$434K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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

Funding earned
$0
Price spread: −0.097% → +0.031%
−$12.78
Slippage, 4 orders
−$179.89
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$216.67
Costs to cover
2.039%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; HTX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago3.51 bp17.5 bp −$1844.5 bp −$445doesn't fitdoesn't fit
Sell HTX live order book, 2 min ago13.99 bp42.2 bp −$42doesn't fitdoesn't fitdoesn't fit

MRNA on 21 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MRNAUSDC−0.0545%4h171.23+0.084%$3K$257K10xas long as short
BloFin MRNA-USDT−0.0015%8h171.19+0.058%$45K$30K20xas long as short
Aster MRNAUSDT0.0000%8h171.06−0.018%$26K$81K20xas long as short
Binance MRNAUSDT0.0000%8h171.18+0.051%$2.1M$11.9M20xas long as short
Bybit MRNAUSDT0.0000%8h171.21+0.070%$925K$621K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h171.26+0.099%$1.2M$5.5M20xas long as short
QFEX MRNA-USD0.0000%1h171.02−0.041%$1.1M$2.3M10xas long as short
Gate MRNA_USDT0.0000%8h171.15+0.035%$885K$998K20xas long as short
Bitget MRNAUSDTlong0.0000%8h171.09long leg$2.6M$11.1M20x
Variational Omni MRNA0.0000%8h171.15+0.033%$59K$91Kas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRNA-USDTshort0.0000%8h170.92−0.097%$13K$434K20x
Phemex MRNAUSDT0.0000%8h171.25+0.094%$1.5M$683K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−7.289%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h170.85−0.140%$2K$65K10xas long as short
tradeXYZ xyz:MRNA+0.0076%1h171.08−0.006%$2.7M$4.7M10xas long as short
Ondo Perps MRNA-USD.P+0.0096%1h170.82−0.158%$42K$39K5xas long as short
Extended MRNA-USD+0.0112%1h171.07−0.014%$31K$32K10xas long as short
SoDEX MRNA-USD+0.0113%1h171.12+0.018%$40K$55K10xas long as short
Lighter MRNA+0.0208%1h171.20+0.064%$243K$1.5M10xas long as short
Phoenix MRNA+0.0278%1h171.63+0.316%$5K$205K10xas long as short
GRVT MRNA_USDT_Perp+0.0462%8h171.31+0.129%$815$128K10xas long as short