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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0109%/8h= +11.9% APRpaid last 24h −0.035%
Price spread now: BloFin against edgeX+0.206%701s7-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 +$3 a day on $10k at the current rate, and BloFin is 0.206% dearer against edgeX than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 701 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MRNAUSDC172.140.0024pay 0.0012% / 4h2h 35m$3K$246K10x
ShortBloFin MRNA-USDT172.490.0133get 0.0133% / 8h6h 35m$45K$29K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against edgeX. 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
$22.9
Price spread: +0.206% → 0.000%
$20.57
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
$22.46
Costs to cover
0.210%
Break-even
0.1 days
Slippage unknown: edgeX: live order book, 31 min ago; BloFin: no order-book sample. 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 edgeX live order book, 31 min ago3.48 bp10.6 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
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
Lighter MRNA−0.0784%1h172.10−0.021%$109K$1.1M10xas long as short
QFEX MRNA-USD0.0000%1h171.98−0.091%$1.1M$2.7M10xas long as short
Aster MRNAUSDT0.0000%8h172.01−0.073%$28K$81K20xas long as short
Bybit MRNAUSDT0.0000%8h171.99−0.085%$932K$857K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h171.92−0.125%$1.3M$5.2M20xas long as short
Gate MRNA_USDT0.0000%8h171.96−0.102%$860K$1.0M20xas long as short
Bitget MRNAUSDT0.0000%8h171.96−0.102%$2.6M$10.5M20xas long as short
GRVT MRNA_USDT_Perp0.0000%8h172.18+0.023%$198$153K10xas long as short
HTX MRNA-USDT0.0000%8h172.05−0.052%$12K$428K20xas long as short
Phemex MRNAUSDT0.0000%8h172.01−0.073%$1.5M$645K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MRNAUSDClong+0.0024%4h172.14long leg$3K$246K10x
Injective MRNA/USDC PERP+0.0033%1h158.62−7.852%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h171.99−0.085%$2K$64K10xas long as short
Extended MRNA-USD+0.0048%1h171.92−0.124%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h171.94−0.114%$2.6M$4.3M10xas long as short
SoDEX MRNA-USD+0.0050%1h172.01−0.073%$40K$66K10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h171.99−0.085%$42K$37K5xas long as short
Variational Omni MRNA+0.0081%8h172.05−0.051%$49K$89Kas long as short
Binance MRNAUSDT+0.0114%8h172.05−0.047%$2.1M$11.3M20xas long as short
BloFin MRNA-USDTshort+0.0133%8h172.49+0.206%$45K$29K20x
Phoenix MRNA+0.0279%1h171.98−0.091%$5K$193K10xas long as short