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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0035%/8h= −3.8% APRnext payment $0.35 per $10,000 · paid last 24h −0.012%
Price spread now: Variational Omni against Binance−0.037%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.037% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MRNAUSDT172.140.0164pay 0.0164% / 8h7h 02m$2.1M$11.5M20x
ShortVariational Omni MRNA172.080.0129get 0.0129% / 8h7h 02m$49K$89K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Funding earned
−$7.36
Price spread: −0.037% → 0.000%
−$3.66
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$21.03
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 7 min ago; Variational Omni: 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 Binance live order book, 7 min ago1.16 bp13.3 bp −$1349.7 bp −$497doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MRNAUSDT0.0000%8h172.15+0.006%$29K$81K20xas long as short
Bybit MRNAUSDT0.0000%8h172.14−0.001%$934K$1.0M25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.12−0.012%$1.3M$5.2M20xas long as short
QFEX MRNA-USD0.0000%1h172.09−0.030%$1.2M$2.7M10xas long as short
Gate MRNA_USDT0.0000%8h172.00−0.082%$863K$1.1M20xas long as short
Bitget MRNAUSDT0.0000%8h171.97−0.099%$2.6M$10.6M20xas long as short
HTX MRNA-USDT0.0000%8h172.09−0.029%$12K$428K20xas long as short
Phemex MRNAUSDT0.0000%8h172.10−0.024%$1.5M$650K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−7.855%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.03−0.065%$2K$65K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended MRNA-USD+0.0048%1h172.06−0.048%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.07−0.041%$2.7M$4.4M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h171.98−0.094%$43K$39K5xas long as short
Variational Omni MRNAshort+0.0129%8h172.08−0.037%$49K$89K
Binance MRNAUSDTlong+0.0164%8h172.14long leg$2.1M$11.5M20x
BloFin MRNA-USDT+0.0178%8h172.06−0.047%$44K$29K20xas long as short
Lighter MRNA+0.0216%1h172.14−0.001%$111K$1.1M10xas long as short
Phoenix MRNA+0.0231%1h172.06−0.047%$5K$193K10xas long as short
SoDEX MRNA-USD+0.0241%1h172.13−0.007%$40K$66K10xas long as short
edgeX MRNAUSDC+0.0416%4h172.14+0.001%$3K$245K10xas long as short
GRVT MRNA_USDT_Perp+0.0667%8h172.13−0.008%$201$155K10xas long as short