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

MRNA

RWAall MRNA markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%
Price spread now: Phemex against Gate+0.046%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1171.174% of the position
Long on GateShort on Phemex
What this pair did over the last
the charts below follow
Funding, last 7 days−0.096%−$10 on $10k
Price spread, last 4 days (all we have)+0.090%+$9 · spread now +0.046%, 7d avg +0.055%
Together, before fees−0.006%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MRNA_USDT173.930get 0.0000% / 8h3h 14m$869K$999K20x
ShortPhemex MRNAUSDT174.010get 0.0000% / 8h3h 14m$1.6M$644K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against Gate. 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: +0.046% → +0.055%
−$0.9
Slippage, 4 orders
−$90.4
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$118.3
Costs to cover
1.174%
Break-even
never at this rate
Slippage from Gate: live order book, 38 min ago; Phemex: live order book, 4 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 Gate live order book, 38 min ago12.08 bp19.9 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell Phemex live order book, 4 min ago3.45 bp36.7 bp −$37doesn't fitdoesn't fitdoesn't fit

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
Aster MRNAUSDT0.0000%8h173.85−0.046%$28K$82K20xas long as short
Binance MRNAUSDT0.0000%8h174.00+0.042%$2.2M$11.3M20xas long as short
Bybit MRNAUSDT0.0000%8h173.89−0.023%$948K$614K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h173.83−0.057%$1.3M$5.2M20xas long as short
QFEX MRNA-USD0.0000%1h173.80−0.075%$1.1M$2.6M10xas long as short
Gate MRNA_USDTlong0.0000%8h173.93long leg$869K$999K20x
Bitget MRNAUSDT0.0000%8h173.90−0.017%$2.8M$10.4M20xas long as short
Variational Omni MRNA0.0000%8h174.09+0.092%$56K$96K—as long as short
GRVT MRNA_USDT_Perp0.0000%8h174.01+0.048%$270$149K10xas long as short
HTX MRNA-USDT0.0000%8h173.95+0.012%$14K$429K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex MRNAUSDTshort0.0000%8h174.01+0.046%$1.6M$644K20x
BloFin MRNA-USDT+0.0026%8h174.01+0.046%$45K$29K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.802%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h173.88−0.029%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h173.76−0.098%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h173.78−0.086%$2.7M$4.5M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h173.68−0.144%$43K$35K5xas long as short
SoDEX MRNA-USD+0.0186%1h173.91−0.011%$40K$56K10xas long as short
Phoenix MRNA+0.0277%1h173.88−0.029%$5K$191K10xas long as short
edgeX MRNAUSDC+0.0513%4h173.98+0.030%$3K$248K10xas long as short
Lighter MRNA+0.0536%1h174.13+0.115%$158K$1.1M10xas long as short