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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0646%/8h= −70.7% APRpaid last 24h −0.096%
Price spread now: Aster against SoDEX−0.058%45s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Aster is 0.058% cheaper against SoDEX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX MRNA-USD173.750.0646pay 0.0081% / 1h46m 30s$40K$56K10x
ShortAster MRNAUSDT173.650get 0.0000% / 8h5h 46m$28K$81K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against SoDEX. 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
−$135.68
Price spread: −0.058% → 0.000%
−$5.81
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$157.49
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample
Sell Aster no order-book sample
SoDEX and 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
Aster MRNAUSDTshort0.0000%8h173.65−0.058%$28K$81K20x
Bybit MRNAUSDT0.0000%8h173.81+0.035%$944K$662K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h173.86+0.063%$1.3M$5.3M20xas long as short
QFEX MRNA-USD0.0000%1h173.69−0.035%$1.1M$2.7M10xas long as short
Gate MRNA_USDT0.0000%8h173.63−0.069%$865K$1.0M20xas long as short
Bitget MRNAUSDT0.0000%8h173.70−0.029%$2.7M$10.5M20xas long as short
GRVT MRNA_USDT_Perp0.0000%8h173.750.000%$306$149K10xas long as short
HTX MRNA-USDT0.0000%8h173.74−0.008%$12K$430K20xas long as short
Phemex MRNAUSDT0.0000%8h173.77+0.012%$1.6M$641K20xas long as short
Variational Omni MRNA+0.0029%8h173.70−0.028%$49K$89Kas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective MRNA/USDC PERP+0.0033%1h158.62−8.708%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h173.62−0.075%$2K$64K10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h173.74−0.006%$43K$35K5xas long as short
Binance MRNAUSDT+0.0072%8h173.81+0.035%$2.1M$11.2M20xas long as short
BloFin MRNA-USDT+0.0083%8h173.79+0.023%$29K20xas long as short
tradeXYZ xyz:MRNA+0.0095%1h173.65−0.058%$2.6M$4.4M10xas long as short
Extended MRNA-USD+0.0104%1h173.65−0.059%$32K$32K10xas long as short
Phoenix MRNA+0.0185%1h173.79+0.023%$5K$189K10xas long as short
edgeX MRNAUSDC+0.0262%4h173.71−0.021%$3K$245K10xas long as short
SoDEX MRNA-USDlong+0.0646%1h173.75long leg$40K$56K10x
Lighter MRNA+0.1864%1h173.78+0.017%$104K$1.1M10xas long as short