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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Bitget+0.087%7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.087% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MRNAUSDT172.680get 0.0000% / 8h41m 06s$2.6M$10.5M20x
ShortBloFin MRNA-USDT172.830.0002get 0.0002% / 8h41m 06s$44K$29K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$0.43
Price spread: +0.087% → 0.000%
$8.69
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$14.88
Costs to cover
0.240%
Break-even
247.9 days
Slippage unknown: Bitget: live order book, 2 min ago; BloFin: 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 Bitget live order book, 2 min ago2.61 bp15.3 bp −$1522.7 bp −$227doesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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
edgeX MRNAUSDC−0.0953%4h172.71+0.017%$3K$245K10xas long as short
Aster MRNAUSDT0.0000%8h172.62−0.036%$29K$81K20xas long as short
Binance MRNAUSDT0.0000%8h172.80+0.069%$2.2M$11.4M20xas long as short
Bybit MRNAUSDT0.0000%8h172.70+0.012%$933K$1.0M25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.86+0.104%$1.4M$5.0M20xas long as short
QFEX MRNA-USD0.0000%1h172.74+0.035%$1.1M$2.7M10xas long as short
Gate MRNA_USDT0.0000%8h172.67−0.006%$879K$1.1M20xas long as short
Bitget MRNAUSDTlong0.0000%8h172.68long leg$2.6M$10.5M20x
Variational Omni MRNA0.0000%8h172.73+0.031%$49K$89Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h172.73+0.028%$624$165K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRNA-USDT0.0000%8h172.73+0.031%$12K$430K20xas long as short
Phemex MRNAUSDT0.0000%8h172.83+0.087%$1.6M$645K20xas long as short
BloFin MRNA-USDTshort+0.0002%8h172.83+0.087%$44K$29K20x
Lighter MRNA+0.0032%1h172.76+0.046%$124K$1.0M10xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.142%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.62−0.035%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.66−0.011%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.680.000%$2.6M$4.2M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.57−0.064%$43K$39K5xas long as short
SoDEX MRNA-USD+0.0172%1h172.73+0.029%$40K$66K10xas long as short
Phoenix MRNA+0.0232%1h172.680.000%$5K$191K10xas long as short