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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0447%/8h= +49.0% APRpaid last 24h +0.041%
Price spread now: edgeX against BloFin+0.156%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 fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and edgeX is 0.156% dearer against BloFin than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MRNA-USDT171.52−0.0012get 0.0012% / 8h4h 56m$46K$30K20x
ShortedgeX MRNAUSDC171.790.0435get 0.0218% / 4h56m 40s$3K$255K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$93.95
Price spread: +0.156% → 0.000%
$15.62
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$88.56
Costs to cover
0.210%
Break-even
0.4 days
Slippage unknown: BloFin: no order-book sample; edgeX: live order book, 49 min ago. 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 edgeX live order book, 49 min ago3.21 bp10.3 bp −$10doesn't fitdoesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MRNA-USDTlong−0.0012%8h171.52long leg$46K$30K20x
Aster MRNAUSDT0.0000%8h171.47−0.031%$25K$81K20xas long as short
Bybit MRNAUSDT0.0000%8h171.61+0.052%$927K$620K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h171.53+0.006%$1.2M$5.5M20xas long as short
QFEX MRNA-USD0.0000%1h171.41−0.064%$1.1M$2.3M10xas long as short
Gate MRNA_USDT0.0000%8h171.49−0.017%$887K$992K20xas long as short
Bitget MRNAUSDT0.0000%8h171.45−0.041%$2.7M$10.8M20xas long as short
Variational Omni MRNA0.0000%8h171.56+0.023%$94K$125Kas long as short
HTX MRNA-USDT0.0000%8h171.64+0.071%$13K$434K20xas long as short
Phemex MRNAUSDT0.0000%8h171.59+0.041%$1.5M$687K20xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MRNAUSDT+0.0009%8h171.54+0.012%$2.1M$11.9M20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−7.521%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h171.00−0.303%$2K$64K10xas long as short
Extended MRNA-USD+0.0048%1h171.52−0.003%$31K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h171.53+0.006%$2.6M$4.8M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h171.34−0.105%$42K$39K5xas long as short
Lighter MRNA+0.0056%1h171.49−0.017%$237K$1.6M10xas long as short
SoDEX MRNA-USD+0.0145%1h171.55+0.017%$40K$56K10xas long as short
Phoenix MRNA+0.0278%1h171.66+0.082%$5K$208K10xas long as short
edgeX MRNAUSDCshort+0.0435%4h171.79+0.156%$3K$255K10x
GRVT MRNA_USDT_Perp+0.0618%8h171.56+0.021%$551$129K10xas long as short