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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%
Price spread now: Gate against Bybit−0.006%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1411.406% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.097%+$10 on $10k
Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.006%, 7d avg −0.005%
Together, before fees+0.213%+$21 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MRNAUSDT172.910get 0.0000% / 8h3h 30m$937K$1.0M25x
ShortGate MRNA_USDT172.900get 0.0000% / 8h3h 30m$882K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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: −0.006% → −0.005%
−$0.07
Slippage, 4 orders
−$114.65
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$140.71
Costs to cover
1.406%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 2 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 Bybit live order book, 1 min ago5.49 bp42.2 bp −$42439.2 bp −$4,392doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago15.05 bp30.0 bp −$30215.1 bp −$2,151doesn'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
BloFin MRNA-USDT−0.0024%8h172.90−0.006%$44K$28K20xas long as short
Aster MRNAUSDT0.0000%8h172.94+0.016%$30K$80K20xas long as short
Binance MRNAUSDT0.0000%8h173.02+0.064%$2.2M$11.0M20xas long as short
Bybit MRNAUSDTlong0.0000%8h172.91long leg$937K$1.0M25x
OKX MRNA-USDT-SWAP0.0000%8h172.97+0.035%$1.4M$4.9M20xas long as short
QFEX MRNA-USD0.0000%1h172.88−0.017%$1.1M$2.5M10xas long as short
Gate MRNA_USDTshort0.0000%8h172.90−0.006%$882K$1.1M20x
Bitget MRNAUSDT0.0000%8h172.93+0.012%$2.7M$10.3M20xas long as short
Variational Omni MRNA0.0000%8h172.90−0.004%$35K$70Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h172.86−0.029%$50$171K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRNA-USDT0.0000%8h172.87−0.021%$12K$427K20xas long as short
Phemex MRNAUSDT0.0000%8h172.910.000%$1.6M$614K20xas long as short
Lighter MRNA+0.0032%1h172.97+0.035%$126K$1.0M10xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.264%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.82−0.052%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.89−0.012%$47K$16K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.910.000%$2.6M$4.1M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.94+0.017%$42K$38K5xas long as short
SoDEX MRNA-USD+0.0134%1h172.87−0.023%$73$55K10xas long as short
Phoenix MRNA+0.0231%1h172.89−0.012%$5K$191K10xas long as short
edgeX MRNAUSDC+0.0799%4h172.90−0.006%$3K$241K10xas long as short