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−0.0174%/8h= −19.0% APRnext payment $1.74 per $10,000 · paid last 24h −0.028%
Price spread now: Bybit against BloFin+0.052%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
The price spread pays, funding is against you. Bybit is 0.052% dearer against BloFin than usual: you sell high and buy low (spread +0.052% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 24 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MRNA-USDT173.400.0174pay 0.0174% / 8h7h 25m$44K$29K20x
ShortBybit MRNAUSDT173.490get 0.0000% / 8h7h 25m$941K$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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
−$36.5
Price spread: +0.052% → 0.000%
$5.19
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$54.31
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Bybit: live order book, just now. 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 BloFin no order-book sample
Sell Bybit live order book, just now6.05 bp50.2 bp −$50517.8 bp −$5,178doesn't fitdoesn't fit
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−0.0532%4h173.51+0.061%$3K$244K10xas long as short
Aster MRNAUSDT0.0000%8h173.26−0.079%$29K$81K20xas long as short
Bybit MRNAUSDTshort0.0000%8h173.49+0.052%$941K$1.0M25x
OKX MRNA-USDT-SWAP0.0000%8h173.54+0.081%$1.3M$5.2M20xas long as short
QFEX MRNA-USD0.0000%1h173.33−0.040%$1.1M$2.7M10xas long as short
Gate MRNA_USDT0.0000%8h173.45+0.029%$871K$1.1M20xas long as short
Bitget MRNAUSDT0.0000%8h173.45+0.029%$2.6M$10.5M20xas long as short
HTX MRNA-USDT0.0000%8h173.28−0.070%$12K$429K20xas long as short
Phemex MRNAUSDT0.0000%8h173.49+0.052%$1.6M$647K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.524%$18K$8K12xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus MRNA-USD+0.0040%1h173.46+0.035%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h173.34−0.036%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h173.35−0.029%$2.6M$4.3M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h173.41+0.006%$43K$40K5xas long as short
Variational Omni MRNA+0.0125%8h173.49+0.050%$49K$89Kas long as short
BloFin MRNA-USDTlong+0.0174%8h173.40long leg$44K$29K20x
Binance MRNAUSDT+0.0183%8h173.43+0.017%$2.2M$11.4M20xas long as short
Phoenix MRNA+0.0231%1h173.59+0.110%$5K$193K10xas long as short
SoDEX MRNA-USD+0.1133%1h173.38−0.012%$40K$66K10xas long as short
Lighter MRNA+0.1400%1h173.53+0.075%$123K$1.0M10xas long as short
GRVT MRNA_USDT_Perp+0.2231%8h173.51+0.064%$291$158K10xas long as short