MRNA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.29 per $10,000 · paid last 24h +0.012%

Price spread now: Binance against Variational Omni−0.118%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Binance

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Binance is 0.118% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.118% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 13 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MRNA	173.70	0	get 0.0000% / 8h	4h 13m	$49K	$89K	—
Short	Binance MRNAUSDT	173.50	0.0029	get 0.0029% / 8h	4h 13m	$2.2M	$11.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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

Position, each leg$Hold fordaysFee Variational OmnibpFee BinancebpOrdersPrice spread, now −0.118%Rate

Funding earned: $6.15
Price spread: −0.118% → 0.000%: −$11.78
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$15.63
Costs to cover: 0.100%
Break-even: 24.8 days

Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 12 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni no order-book sample	—	—	—	—	—
Sell Binance live order book, 12 min ago	1.44 bp	15.0 bp −$15	43.8 bp −$438	doesn't fit	doesn't fit

Variational Omni: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX MRNAUSDC	−0.0750%	4h	173.77	+0.037%	$3K	$247K	10x	as long as short
Aster MRNAUSDT	0.0000%	8h	173.53	−0.103%	$28K	$82K	20x	as long as short
Bybit MRNAUSDT	0.0000%	8h	173.69	−0.008%	$946K	$615K	25x	as long as short
OKX MRNA-USDT-SWAP	0.0000%	8h	173.37	−0.193%	$1.3M	$5.2M	20x	as long as short
QFEX MRNA-USD	0.0000%	1h	173.47	−0.135%	$1.1M	$2.6M	10x	as long as short
Gate MRNA_USDT	0.0000%	8h	173.62	−0.049%	$868K	$1.0M	20x	as long as short
Bitget MRNAUSDT	0.0000%	8h	173.53	−0.101%	$2.8M	$10.6M	20x	as long as short
Variational Omni MRNAlong	0.0000%	8h	173.70	long leg	$49K	$89K	—
GRVT MRNA_USDT_Perp	0.0000%	8h	173.81	+0.061%	$229	$146K	10x	as long as short
HTX MRNA-USDT	0.0000%	8h	173.55	−0.091%	$14K	$431K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex MRNAUSDT	0.0000%	8h	173.51	−0.112%	$1.6M	$640K	20x	as long as short
BloFin MRNA-USDT	+0.0017%	8h	173.78	+0.043%	$45K	$29K	20x	as long as short
Binance MRNAUSDTshort	+0.0029%	8h	173.50	−0.118%	$2.2M	$11.2M	20x
Lighter MRNA	+0.0032%	1h	173.75	+0.026%	$157K	$1.1M	10x	as long as short
Injective MRNA/USDC PERP	+0.0033%	1h	158.62	−8.684%	$18K	$8K	12x	as long as short
Arcus MRNA-USD	+0.0040%	1h	173.58	−0.072%	$2K	$63K	10x	as long as short
Extended MRNA-USD	+0.0048%	1h	173.45	−0.146%	$32K	$32K	10x	as long as short
tradeXYZ xyz:MRNA	+0.0050%	1h	173.47	−0.135%	$2.7M	$4.4M	10x	as long as short
Ondo Perps MRNA-USD.P	+0.0050%	1h	173.44	−0.152%	$43K	$35K	5x	as long as short
Phoenix MRNA	+0.0230%	1h	173.78	+0.043%	$5K	$191K	10x	as long as short
SoDEX MRNA-USD	+0.0367%	1h	173.52	−0.106%	$40K	$56K	10x	as long as short