MRNA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.029%

Price spread now: Binance against Bybit+0.046%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$195as in the Funding arb table

Net, price: spread back to 7d avg − costs−$198as in the Price arb table

costs, in and out, $10k−$1981.978% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 4 days (all we have)+0.279%+$28 · spread now +0.046%, 7d avg +0.048%

Together, before fees+0.309%+$31 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MRNAUSDT	173.75	0	get 0.0000% / 8h	4h 35m	$947K	$615K	25x
Short	Binance MRNAUSDT	173.83	0.0024	get 0.0024% / 8h	4h 35m	$2.2M	$11.2M	20x

Funding history

latest

Range statsloading…

Binance against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BybitbpFee BinancebpOrdersPrice spread, now +0.046%Rate

Slippage from Bybit: live order book, 50 min ago; Binance: live order book, 4 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 50 min ago	4.60 bp	94.9 bp −$95	1052.5 bp −$10.5K	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	1.44 bp	15.1 bp −$15	45.2 bp −$452	doesn't fit	doesn't fit

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	−0.0337%	4h	173.89	+0.080%	$3K	$245K	10x	as long as short
Aster MRNAUSDT	0.0000%	8h	173.83	+0.048%	$28K	$82K	20x	as long as short
Bybit MRNAUSDTlong	0.0000%	8h	173.75	long leg	$947K	$615K	25x
OKX MRNA-USDT-SWAP	0.0000%	8h	173.65	−0.058%	$1.3M	$5.2M	20x	as long as short
QFEX MRNA-USD	0.0000%	1h	173.62	−0.075%	$1.1M	$2.7M	10x	as long as short
Gate MRNA_USDT	0.0000%	8h	173.83	+0.046%	$869K	$998K	20x	as long as short
Bitget MRNAUSDT	0.0000%	8h	173.75	0.000%	$2.8M	$10.5M	20x	as long as short
Variational Omni MRNA	0.0000%	8h	173.77	+0.014%	$49K	$89K	—	as long as short
GRVT MRNA_USDT_Perp	0.0000%	8h	173.88	+0.075%	$490	$146K	10x	as long as short
HTX MRNA-USDT	0.0000%	8h	173.74	−0.005%	$13K	$433K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex MRNAUSDT	0.0000%	8h	173.84	+0.052%	$1.6M	$640K	20x	as long as short
BloFin MRNA-USDT	+0.0015%	8h	173.87	+0.069%	$45K	$29K	20x	as long as short
Binance MRNAUSDTshort	+0.0024%	8h	173.83	+0.046%	$2.2M	$11.2M	20x
Lighter MRNA	+0.0032%	1h	173.91	+0.092%	$158K	$1.1M	10x	as long as short
Injective MRNA/USDC PERP	+0.0033%	1h	158.62	−8.708%	$18K	$8K	12x	as long as short
Arcus MRNA-USD	+0.0040%	1h	173.71	−0.023%	$2K	$63K	10x	as long as short
Extended MRNA-USD	+0.0048%	1h	173.60	−0.084%	$32K	$32K	10x	as long as short
tradeXYZ xyz:MRNA	+0.0050%	1h	173.62	−0.075%	$2.6M	$4.4M	10x	as long as short
Ondo Perps MRNA-USD.P	+0.0050%	1h	173.58	−0.098%	$43K	$35K	5x	as long as short
Phoenix MRNA	+0.0230%	1h	173.84	+0.052%	$5K	$191K	10x	as long as short
SoDEX MRNA-USD	+0.0332%	1h	173.77	+0.012%	$40K	$56K	10x	as long as short