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

MRNA

RWAall MRNA markets
SwapBacktest
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 −0.026%
Price spread now: OKX against Bitget−0.017%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$730.730% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.068%−$7 on $10k
Price spread, last 7 days−0.048%−$5 · spread now −0.017%, 7d avg −0.039%
Together, before fees−0.116%−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.022% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MRNAUSDT172.410get 0.0000% / 8h1h 44m$2.6M$10.6M20x
ShortOKX MRNA-USDT-SWAP172.380get 0.0000% / 8h1h 44m$1.3M$5.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
Price spread: −0.017% → −0.039%
$2.16
Slippage, 4 orders
−$51.02
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$70.86
Costs to cover
0.730%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 3 min ago.

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, 4 min ago4.35 bp14.6 bp −$1533.4 bp −$334doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago4.64 bp20.9 bp −$2181.5 bp −$815doesn't fitdoesn't fit

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−0.0248%1h172.63+0.128%$156K$1.2M10xas long as short
BloFin MRNA-USDT−0.0009%8h172.49+0.046%$45K$29K20xas long as short
Aster MRNAUSDT0.0000%8h172.52+0.061%$26K$83K20xas long as short
Binance MRNAUSDT0.0000%8h172.43+0.013%$2.1M$11.4M20xas long as short
Bybit MRNAUSDT0.0000%8h172.45+0.023%$937K$620K25xas long as short
OKX MRNA-USDT-SWAPshort0.0000%8h172.38−0.017%$1.3M$5.4M20x
QFEX MRNA-USD0.0000%1h172.31−0.058%$1.1M$2.5M10xas long as short
Gate MRNA_USDT0.0000%8h172.410.000%$861K$994K20xas long as short
Bitget MRNAUSDTlong0.0000%8h172.41long leg$2.6M$10.6M20x
Variational Omni MRNA0.0000%8h172.48+0.043%$56K$94Kas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MRNA_USDT_Perp0.0000%8h172.55+0.081%$550$147K10xas long as short
HTX MRNA-USDT0.0000%8h172.55+0.080%$13K$431K20xas long as short
Phemex MRNAUSDT0.0000%8h172.42+0.006%$1.6M$655K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−7.998%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.33−0.046%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.35−0.035%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.35−0.035%$2.5M$4.5M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.23−0.104%$43K$35K5xas long as short
SoDEX MRNA-USD+0.0093%1h172.40−0.006%$40K$56K10xas long as short
Phoenix MRNA+0.0232%1h172.24−0.099%$5K$191K10xas long as short
edgeX MRNAUSDC+0.0619%4h172.52+0.063%$3K$249K10xas long as short