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+0.0832%/8h= +91.1% APRpaid last 24h +0.096%
Price spread now: SoDEX against Aster+0.061%45s7-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 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 for this trade now. Funding pays +$25 a day on $10k at the current rate, and SoDEX is 0.061% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). 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
LongAster MRNAUSDT173.580get 0.0000% / 8h5h 51m$28K$81K20x
ShortSoDEX MRNA-USD173.690.0832get 0.0104% / 1h51m 34s$40K$56K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$174.66
Price spread: +0.061% → 0.000%
$6.1
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$164.76
Costs to cover
0.160%
Break-even
0.4 days
Slippage unknown: Aster: no order-book sample; SoDEX: 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 Aster no order-book sample
Sell SoDEX no order-book sample
Aster and 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 20 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 MRNAUSDTlong0.0000%8h173.58long leg$28K$81K20x
Bybit MRNAUSDT0.0000%8h173.77+0.107%$944K$661K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h173.75+0.096%$1.3M$5.3M20xas long as short
QFEX MRNA-USD0.0000%1h173.51−0.043%$1.1M$2.7M10xas long as short
Gate MRNA_USDT0.0000%8h173.57−0.008%$865K$1.0M20xas long as short
Bitget MRNAUSDT0.0000%8h173.61+0.015%$2.7M$10.5M20xas long as short
GRVT MRNA_USDT_Perp0.0000%8h173.69+0.061%$313$150K10xas long as short
HTX MRNA-USDT0.0000%8h173.87+0.165%$12K$430K20xas long as short
Phemex MRNAUSDT0.0000%8h173.76+0.101%$1.6M$647K20xas long as short
Variational Omni MRNA+0.0027%8h173.27−0.180%$49K$89Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective MRNA/USDC PERP+0.0033%1h158.62−8.621%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h173.45−0.077%$2K$64K10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h173.46−0.072%$43K$35K5xas long as short
Extended MRNA-USD+0.0056%1h173.63+0.024%$32K$32K10xas long as short
Binance MRNAUSDT+0.0078%8h173.70+0.067%$2.1M$11.3M20xas long as short
tradeXYZ xyz:MRNA+0.0086%1h173.60+0.009%$2.6M$4.4M10xas long as short
Phoenix MRNA+0.0185%1h173.14−0.256%$5K$189K10xas long as short
edgeX MRNAUSDC+0.0344%4h173.72+0.079%$3K$244K10xas long as short
SoDEX MRNA-USDshort+0.0832%1h173.69+0.061%$40K$56K10x
Lighter MRNA+0.1480%1h173.62+0.021%$104K$1.1M10xas long as short