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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against HTX−0.089%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$278as in the Funding arb table
Net, price: spread back to 7d avg − costs−$283as in the Price arb table
costs, in and out, $10k−$2782.785% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)−0.042%−$4 · spread now −0.089%, 7d avg −0.048%
Together, before fees−0.042%−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.041% cheaper against HTX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX MRNA-USDT172.850get 0.0000% / 8h39m 41s$12K$430K20x
ShortBybit MRNAUSDT172.700get 0.0000% / 8h39m 41s$933K$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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: −0.089% → −0.048%
−$4.09
Slippage, 4 orders
−$255.48
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$282.57
Costs to cover
2.785%
Break-even
never at this rate
Slippage from HTX: live order book, 39 min ago; Bybit: live order book, 1 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 HTX live order book, 39 min ago15.43 bp130.7 bp −$131doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago6.07 bp63.3 bp −$631142.4 bp −$11.4Kdoesn'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%8h172.62−0.134%$29K$81K20xas long as short
Binance MRNAUSDT0.0000%8h172.83−0.014%$2.2M$11.4M20xas long as short
Bybit MRNAUSDTshort0.0000%8h172.70−0.089%$933K$1.0M25x
OKX MRNA-USDT-SWAP0.0000%8h172.86+0.003%$1.4M$5.0M20xas long as short
QFEX MRNA-USD0.0000%1h172.74−0.066%$1.1M$2.7M10xas long as short
Gate MRNA_USDT0.0000%8h172.68−0.101%$880K$1.1M20xas long as short
Bitget MRNAUSDT0.0000%8h172.68−0.101%$2.6M$10.4M20xas long as short
Variational Omni MRNA0.0000%8h172.81−0.023%$49K$89Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h172.76−0.056%$624$165K10xas long as short
HTX MRNA-USDTlong0.0000%8h172.85long leg$12K$430K20x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex MRNAUSDT0.0000%8h172.88+0.015%$1.6M$645K20xas long as short
BloFin MRNA-USDT+0.0002%8h172.83−0.014%$44K$29K20xas long as short
Lighter MRNA+0.0032%1h172.77−0.049%$124K$1.0M10xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.235%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.61−0.141%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.62−0.135%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.63−0.130%$2.6M$4.2M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.57−0.164%$43K$39K5xas long as short
SoDEX MRNA-USD+0.0172%1h172.75−0.060%$40K$66K10xas long as short
Phoenix MRNA+0.0232%1h172.68−0.101%$5K$191K10xas long as short
edgeX MRNAUSDC+0.0695%4h172.80−0.030%$3K$243K10xas long as short