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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0027%/8h= −3.0% APRpaid last 24h −0.064%
Price spread now: Aster against edgeX−0.088%7-day average · you buy dearer than you sell
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 7 days+0.300%+$30 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.088% cheaper against edgeX than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.300%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MRNAUSDC172.340.0027pay 0.0014% / 4h2h 39m$3K$245K10x
ShortAster MRNAUSDT172.190get 0.0000% / 8h6h 39m$28K$81K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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
−$5.73
Price spread: −0.088% → 0.000%
−$8.76
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$31.49
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 28 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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 28 min ago3.48 bp10.6 bp −$11doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MRNA−0.0736%1h172.20−0.083%$109K$1.1M10xas long as short
QFEX MRNA-USD0.0000%1h172.12−0.129%$1.1M$2.7M10xas long as short
Aster MRNAUSDTshort0.0000%8h172.19−0.088%$28K$81K20x
Bybit MRNAUSDT0.0000%8h172.12−0.129%$933K$1.0M25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.09−0.146%$1.3M$5.2M20xas long as short
Gate MRNA_USDT0.0000%8h172.19−0.088%$861K$1.0M20xas long as short
Bitget MRNAUSDT0.0000%8h172.02−0.187%$2.6M$10.5M20xas long as short
HTX MRNA-USDT0.0000%8h171.86−0.280%$12K$428K20xas long as short
Phemex MRNAUSDT0.0000%8h172.11−0.135%$1.5M$647K20xas long as short
GRVT MRNA_USDT_Perp+0.0005%8h172.24−0.059%$198$153K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MRNAUSDClong+0.0027%4h172.34long leg$3K$245K10x
Injective MRNA/USDC PERP+0.0033%1h158.62−7.962%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.08−0.152%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.07−0.160%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.07−0.158%$2.6M$4.3M10xas long as short
SoDEX MRNA-USD+0.0050%1h172.09−0.146%$40K$66K10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.15−0.112%$43K$38K5xas long as short
Variational Omni MRNA+0.0091%8h172.16−0.107%$49K$89Kas long as short
Binance MRNAUSDT+0.0119%8h172.09−0.147%$2.1M$11.4M20xas long as short
BloFin MRNA-USDT+0.0133%8h172.49+0.086%$45K$29K20xas long as short
Phoenix MRNA+0.0279%1h172.33−0.007%$5K$193K10xas long as short