Funding arb · Price arb /

MRNA

RWAall MRNA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.029%

Price spread now: Aster against Binance−0.056%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.029%−$3 on $10k

Price spread, last 7 days—no 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: Aster is 0.056% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MRNAUSDT	173.34	0	get 0.0000% / 8h	36m 05s	$2.1M	$11.2M	20x
Short	Aster MRNAUSDT	173.24	0	get 0.0000% / 8h	36m 05s	$27K	$82K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now −0.056%Rate

Funding earned: $0
Price spread: −0.056% → 0.000%: −$5.63
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$23.63
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 4 min ago; Aster: 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 Binance live order book, 4 min ago	1.73 bp	13.3 bp −$13	48.7 bp −$487	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MRNA-USDT	−0.0017%	8h	173.35	+0.006%	$45K	$29K	20x	as long as short
Aster MRNAUSDTshort	0.0000%	8h	173.24	−0.056%	$27K	$82K	20x
Binance MRNAUSDTlong	0.0000%	8h	173.34	long leg	$2.1M	$11.2M	20x
Bybit MRNAUSDT	0.0000%	8h	173.26	−0.046%	$941K	$603K	25x	as long as short
OKX MRNA-USDT-SWAP	0.0000%	8h	173.35	+0.006%	$1.3M	$5.4M	20x	as long as short
Gate MRNA_USDT	0.0000%	8h	173.29	−0.029%	$884K	$983K	20x	as long as short
Bitget MRNAUSDT	0.0000%	8h	173.29	−0.029%	$2.6M	$10.5M	20x	as long as short
Variational Omni MRNA	0.0000%	8h	173.28	−0.037%	$57K	$94K	—	as long as short
GRVT MRNA_USDT_Perp	0.0000%	8h	173.20	−0.080%	$404	$142K	10x	as long as short
HTX MRNA-USDT	0.0000%	8h	173.31	−0.020%	$14K	$430K	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	173.30	−0.023%	$1.6M	$639K	20x	as long as short
QFEX MRNA-USD	+0.0001%	1h	173.25	−0.052%	$1.1M	$2.5M	10x	as long as short
Lighter MRNA	+0.0032%	1h	173.51	+0.098%	$156K	$1.2M	10x	as long as short
Injective MRNA/USDC PERP	+0.0033%	1h	158.62	−8.492%	$18K	$8K	12x	as long as short
Arcus MRNA-USD	+0.0040%	1h	172.98	−0.208%	$2K	$65K	10x	as long as short
Ondo Perps MRNA-USD.P	+0.0050%	1h	173.18	−0.092%	$43K	$35K	5x	as long as short
tradeXYZ xyz:MRNA	+0.0078%	1h	173.27	−0.040%	$2.6M	$4.3M	10x	as long as short
Extended MRNA-USD	+0.0080%	1h	173.25	−0.054%	$32K	$32K	10x	as long as short
Phoenix MRNA	+0.0230%	1h	173.22	−0.069%	$5K	$191K	10x	as long as short
SoDEX MRNA-USD	+0.0238%	1h	173.32	−0.012%	$40K	$55K	10x	as long as short
edgeX MRNAUSDC	+0.0529%	4h	173.20	−0.082%	$3K	$250K	10x	as long as short