MRNA

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.003%

Price spread now: Ondo Perps against Arcus−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 Arcus Short on Ondo Perps

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 days—no price history on both exchanges yet

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

Funding pays, the price is against you. Ondo Perps is 0.118% cheaper against Arcus 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 39 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus MRNA-USD	169.91	0.0040	pay 0.0005% / 1h	56m 41s	$2K	$65K	10x
Short	Ondo Perps MRNA-USD.P	169.71	0.0050	get 0.0006% / 1h	56m 41s	$42K	$38K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Arcus. 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 ArcusbpFee Ondo PerpsbpOrdersPrice spread, now −0.118%Rate

Funding earned: $2.13
Price spread: −0.118% → 0.000%: −$11.77
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$19.15
Costs to cover: 0.095%
Break-even: 70.0 days

Slippage unknown: Arcus: no order-book sample; Ondo Perps: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Arcus no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Arcus and Ondo Perps: 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	−0.0111%	4h	170.02	+0.064%	$3K	$254K	10x	as long as short
Aster MRNAUSDT	0.0000%	8h	170.05	+0.082%	$26K	$81K	20x	as long as short
Binance MRNAUSDT	0.0000%	8h	169.90	−0.006%	$2.1M	$11.7M	20x	as long as short
Bybit MRNAUSDT	0.0000%	8h	169.81	−0.059%	$916K	$623K	25x	as long as short
OKX MRNA-USDT-SWAP	0.0000%	8h	170.06	+0.088%	$1.2M	$5.4M	20x	as long as short
QFEX MRNA-USD	0.0000%	1h	169.87	−0.024%	$1.1M	$2.5M	10x	as long as short
Gate MRNA_USDT	0.0000%	8h	169.86	−0.029%	$862K	$971K	20x	as long as short
Bitget MRNAUSDT	0.0000%	8h	169.76	−0.088%	$2.6M	$11.1M	20x	as long as short
Variational Omni MRNA	0.0000%	8h	170.41	+0.296%	$57K	$95K	—	as long as short
GRVT MRNA_USDT_Perp	0.0000%	8h	170.32	+0.241%	$296	$131K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRNA-USDT	0.0000%	8h	169.79	−0.069%	$13K	$433K	20x	as long as short
Phemex MRNAUSDT	0.0000%	8h	169.88	−0.018%	$1.5M	$675K	20x	as long as short
BloFin MRNA-USDT	+0.0016%	8h	169.84	−0.041%	$45K	$29K	20x	as long as short
Injective MRNA/USDC PERP	+0.0033%	1h	158.62	−6.645%	$18K	$8K	12x	as long as short
Arcus MRNA-USDlong	+0.0040%	1h	169.91	long leg	$2K	$65K	10x
Extended MRNA-USD	+0.0048%	1h	169.84	−0.044%	$31K	$32K	10x	as long as short
tradeXYZ xyz:MRNA	+0.0050%	1h	169.85	−0.035%	$2.6M	$4.6M	10x	as long as short
SoDEX MRNA-USD	+0.0050%	1h	169.90	−0.006%	$39K	$55K	10x	as long as short
Ondo Perps MRNA-USD.Pshort	+0.0050%	1h	169.71	−0.118%	$42K	$38K	5x
Phoenix MRNA	+0.0278%	1h	169.91	0.000%	$5K	$205K	10x	as long as short
Lighter MRNA	+0.0440%	1h	170.11	+0.118%	$237K	$1.5M	10x	as long as short