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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Aster−0.084%7-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 4 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.084% cheaper against Aster than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MRNAUSDT172.680get 0.0000% / 8h2h 03m$26K$83K20x
ShortQFEX MRNA-USD172.530.0000get 0.0000% / 1h3m 11s$1.1M$2.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Aster. 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
$0.02
Price spread: −0.084% → 0.000%
−$8.45
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$26.43
Costs to cover
0.180%
Break-even
11019.6 days
Slippage unknown: Aster: no order-book sample; QFEX: live order book, 4 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 Aster no order-book sample
Sell QFEX live order book, 4 min ago2.03 bp15.1 bp −$1526.5 bp −$265doesn't fitdoesn't fit
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
Lighter MRNA−0.0944%1h172.80+0.072%$156K$1.2M10xas long as short
edgeX MRNAUSDC−0.0225%4h172.70+0.015%$3K$249K10xas long as short
BloFin MRNA-USDT−0.0010%8h172.82+0.083%$45K$29K20xas long as short
Aster MRNAUSDTlong0.0000%8h172.68long leg$26K$83K20x
Binance MRNAUSDT0.0000%8h172.66−0.009%$2.1M$11.4M20xas long as short
Bybit MRNAUSDT0.0000%8h172.58−0.056%$937K$621K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.65−0.015%$1.3M$5.4M20xas long as short
Gate MRNA_USDT0.0000%8h172.57−0.061%$862K$999K20xas long as short
Bitget MRNAUSDT0.0000%8h172.59−0.050%$2.6M$10.5M20xas long as short
Variational Omni MRNA0.0000%8h172.66−0.006%$56K$96Kas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MRNA_USDT_Perp0.0000%8h172.71+0.021%$3$147K10xas long as short
HTX MRNA-USDT0.0000%8h172.55−0.075%$14K$431K20xas long as short
Phemex MRNAUSDT0.0000%8h172.60−0.044%$1.6M$654K20xas long as short
QFEX MRNA-USDshort0.0000%1h172.53−0.084%$1.1M$2.5M10x
Injective MRNA/USDC PERP+0.0033%1h158.62−8.140%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.53−0.084%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.54−0.079%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.52−0.090%$2.5M$4.5M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.47−0.119%$43K$35K5xas long as short
Phoenix MRNA+0.0185%1h172.63−0.027%$5K$191K10xas long as short
SoDEX MRNA-USD+0.0236%1h172.60−0.044%$40K$56K10xas long as short