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−0.0013%/8hnext payment $0.13 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against BloFin+0.046%72s7-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 pays, funding is against you. Bybit is 0.046% dearer against BloFin than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 12 days. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MRNA-USDT173.630.0013pay 0.0013% / 8h4h 22m$45K$28K20x
ShortBybit MRNAUSDT173.710get 0.0000% / 8h4h 22m$965K$998K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$2.76
Price spread: +0.046% → 0.000%
$4.61
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$21.15
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Bybit: live order book, 7 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 Bybit live order book, 7 min ago4.31 bp83.1 bp −$83267.2 bp −$2,672doesn'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
edgeX MRNAUSDC−0.0278%4h173.54−0.049%$3K$234K10xas long as short
Aster MRNAUSDT0.0000%8h173.66+0.017%$30K$75K20xas long as short
Binance MRNAUSDT0.0000%8h173.69+0.032%$2.2M$10.7M20xas long as short
Bybit MRNAUSDTshort0.0000%8h173.71+0.046%$965K$998K25x
OKX MRNA-USDT-SWAP0.0000%8h173.73+0.058%$1.4M$4.7M20xas long as short
QFEX MRNA-USD0.0000%1h173.59−0.023%$1.1M$2.4M10xas long as short
Gate MRNA_USDT0.0000%8h173.60−0.017%$882K$1.1M20xas long as short
Bitget MRNAUSDT0.0000%8h173.56−0.040%$2.7M$9.9M20xas long as short
Variational Omni MRNA0.0000%8h173.65+0.011%$35K$70Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h173.49−0.081%$73$165K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRNA-USDT0.0000%8h173.81+0.107%$12K$427K20xas long as short
Phemex MRNAUSDT0.0000%8h173.630.000%$1.6M$598K20xas long as short
BloFin MRNA-USDTlong+0.0013%8h173.63long leg$45K$28K20x
Injective MRNA/USDC PERP+0.0033%1h158.62−8.645%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h173.55−0.046%$2K$64K10xas long as short
Extended MRNA-USD+0.0048%1h173.58−0.031%$48K$16K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h173.59−0.023%$2.6M$3.7M10xas long as short
SoDEX MRNA-USD+0.0050%1h173.58−0.029%$80$55K10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h173.36−0.156%$42K$36K5xas long as short
Lighter MRNA+0.0176%1h173.73+0.058%$157K$973K10xas long as short
Phoenix MRNA+0.0229%1h173.35−0.161%$5K$178K10xas long as short