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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.15 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BloFin+0.009%81s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MRNA-USDT172.81−0.0015get 0.0015% / 8h13m 46s$44K$29K20x
ShortBinance MRNAUSDT172.820get 0.0000% / 8h13m 46s$2.2M$11.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
$3.07
Price spread: +0.009% → 0.000%
$0.87
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$18.06
Costs to cover
0.220%
Break-even
48.1 days
Slippage unknown: BloFin: no order-book sample; Binance: live order book, 11 min ago. 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 BloFin no order-book sample
Sell Binance live order book, 11 min ago2.03 bp13.0 bp −$1349.8 bp −$498doesn't fitdoesn't fit
BloFin: 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-USDTlong−0.0015%8h172.81long leg$44K$29K20x
Aster MRNAUSDT0.0000%8h172.69−0.068%$29K$81K20xas long as short
Binance MRNAUSDTshort0.0000%8h172.82+0.009%$2.2M$11.4M20x
Bybit MRNAUSDT0.0000%8h172.74−0.041%$933K$1.0M25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.79−0.012%$1.4M$5.0M20xas long as short
QFEX MRNA-USD0.0000%1h172.74−0.041%$1.1M$2.7M10xas long as short
Gate MRNA_USDT0.0000%8h172.70−0.064%$880K$1.1M20xas long as short
Bitget MRNAUSDT0.0000%8h172.72−0.052%$2.6M$10.4M20xas long as short
Variational Omni MRNA0.0000%8h172.80−0.006%$49K$89Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h172.73−0.046%$579$164K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRNA-USDT0.0000%8h172.86+0.028%$12K$428K20xas long as short
Phemex MRNAUSDT0.0000%8h172.76−0.029%$1.6M$645K20xas long as short
Lighter MRNA+0.0032%1h172.80−0.006%$124K$1.0M10xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.211%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.59−0.127%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.69−0.069%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.71−0.058%$2.6M$4.2M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.77−0.023%$43K$39K5xas long as short
SoDEX MRNA-USD+0.0143%1h172.73−0.046%$40K$66K10xas long as short
Phoenix MRNA+0.0232%1h172.71−0.058%$5K$191K10xas long as short
edgeX MRNAUSDC+0.0519%4h172.75−0.032%$3K$245K10xas long as short