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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.069%
Price spread now: Binance against SoDEX+0.019%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX MRNA-USD170.260.0050pay 0.0006% / 1h35m 16s$39K$55K10x
ShortBinance MRNAUSDT170.290get 0.0000% / 8h7h 35m$2.1M$11.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
−$10.5
Price spread: +0.019% → 0.000%
$1.94
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$26.56
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; Binance: live order book, 5 min ago. 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 Binance live order book, 5 min ago1.76 bp14.7 bp −$1551.1 bp −$511doesn't fitdoesn't fit
SoDEX: 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
edgeX MRNAUSDC−0.0247%4h170.42+0.094%$3K$252K10xas long as short
BloFin MRNA-USDT−0.0029%8h170.50+0.141%$45K$29K20xas long as short
QFEX MRNA-USD0.0000%1h170.19−0.041%$1.1M$2.6M10xas long as short
Aster MRNAUSDT0.0000%8h170.40+0.084%$26K$82K20xas long as short
Binance MRNAUSDTshort0.0000%8h170.29+0.019%$2.1M$11.3M20x
Bybit MRNAUSDT0.0000%8h170.41+0.088%$916K$608K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h170.33+0.041%$1.2M$5.4M20xas long as short
Gate MRNA_USDT0.0000%8h170.30+0.023%$870K$980K20xas long as short
Bitget MRNAUSDT0.0000%8h170.27+0.006%$2.6M$10.6M20xas long as short
Variational Omni MRNA0.0000%8h170.29+0.016%$54K$92Kas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MRNA_USDT_Perp0.0000%8h170.53+0.159%$2$133K10xas long as short
HTX MRNA-USDT0.0000%8h170.55+0.169%$14K$431K20xas long as short
Phemex MRNAUSDT0.0000%8h170.28+0.012%$1.5M$646K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−6.837%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h170.20−0.035%$2K$64K10xas long as short
Extended MRNA-USD+0.0048%1h170.17−0.051%$31K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h170.19−0.041%$2.5M$4.4M10xas long as short
SoDEX MRNA-USDlong+0.0050%1h170.26long leg$39K$55K10x
Ondo Perps MRNA-USD.P+0.0050%1h170.07−0.112%$43K$36K5xas long as short
Phoenix MRNA+0.0278%1h170.46+0.117%$5K$191K10xas long as short
Lighter MRNA+0.0288%1h170.44+0.106%$120K$1.2M10xas long as short