MRNA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.21 per $10,000 · paid last 24h −0.026%

Price spread now: Phemex against BloFin−0.017%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Phemex

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MRNA-USDT	172.51	−0.0021	get 0.0021% / 8h	6m 30s	$45K	$29K	20x
Short	Phemex MRNAUSDT	172.48	0	get 0.0000% / 8h	6m 30s	$1.6M	$636K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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

Position, each leg$Hold fordaysFee BloFinbpFee PhemexbpOrdersPrice spread, now −0.017%Rate

Funding earned: $4.4
Price spread: −0.017% → 0.000%: −$1.74
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$21.34
Costs to cover: 0.240%
Break-even: 40.9 days

Slippage unknown: BloFin: no order-book sample; Phemex: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin no order-book sample	—	—	—	—	—
Sell Phemex live order book, 1 min ago	1.45 bp	31.7 bp −$32	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MRNA	−0.0144%	1h	172.70	+0.110%	$155K	$1.2M	10x	as long as short
BloFin MRNA-USDTlong	−0.0021%	8h	172.51	long leg	$45K	$29K	20x
Aster MRNAUSDT	0.0000%	8h	172.41	−0.060%	$26K	$82K	20x	as long as short
Binance MRNAUSDT	0.0000%	8h	172.43	−0.046%	$2.1M	$11.2M	20x	as long as short
Bybit MRNAUSDT	0.0000%	8h	172.48	−0.017%	$937K	$600K	25x	as long as short
OKX MRNA-USDT-SWAP	0.0000%	8h	172.22	−0.168%	$1.3M	$5.4M	20x	as long as short
Gate MRNA_USDT	0.0000%	8h	172.51	0.000%	$880K	$984K	20x	as long as short
Bitget MRNAUSDT	0.0000%	8h	172.34	−0.099%	$2.6M	$10.5M	20x	as long as short
Variational Omni MRNA	0.0000%	8h	172.54	+0.019%	$57K	$92K	—	as long as short
GRVT MRNA_USDT_Perp	0.0000%	8h	172.61	+0.058%	$91	$142K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRNA-USDT	0.0000%	8h	172.29	−0.128%	$14K	$430K	20x	as long as short
Phemex MRNAUSDTshort	0.0000%	8h	172.48	−0.017%	$1.6M	$636K	20x
QFEX MRNA-USD	+0.0001%	1h	172.37	−0.081%	$1.1M	$2.5M	10x	as long as short
Injective MRNA/USDC PERP	+0.0033%	1h	158.62	−8.052%	$18K	$8K	12x	as long as short
Arcus MRNA-USD	+0.0040%	1h	172.42	−0.052%	$2K	$65K	10x	as long as short
SoDEX MRNA-USD	+0.0050%	1h	172.40	−0.064%	$40K	$55K	10x	as long as short
Ondo Perps MRNA-USD.P	+0.0050%	1h	172.28	−0.133%	$43K	$35K	5x	as long as short
tradeXYZ xyz:MRNA	+0.0060%	1h	172.35	−0.093%	$2.5M	$4.3M	10x	as long as short
Extended MRNA-USD	+0.0064%	1h	172.34	−0.097%	$32K	$32K	10x	as long as short
Phoenix MRNA	+0.0230%	1h	172.54	+0.017%	$5K	$191K	10x	as long as short
edgeX MRNAUSDC	+0.0374%	4h	172.54	+0.019%	$3K	$250K	10x	as long as short