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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0670%/8h= −73.4% APRpaid last 24h −0.001%
Price spread now: Extended against edgeX−0.105%7-day average · you buy dearer than you sell
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 6 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 · Extended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Extended is 0.105% cheaper against edgeX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MRNAUSDC172.170.0718pay 0.0359% / 4h2h 25m$3K$247K10x
ShortExtended MRNA-USD171.990.0048get 0.0006% / 1h25m 18s$32K$32K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$140.73
Price spread: −0.105% → 0.000%
−$10.48
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$165.21
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 22 min ago; Extended: 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, 22 min ago1.73 bp8.6 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: 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−0.1240%1h172.36+0.111%$156K$1.2M10xas long as short
Aster MRNAUSDT0.0000%8h172.07−0.057%$26K$83K20xas long as short
Binance MRNAUSDT0.0000%8h172.16−0.006%$2.1M$11.4M20xas long as short
Bybit MRNAUSDT0.0000%8h172.06−0.064%$935K$620K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.00−0.099%$1.3M$5.3M20xas long as short
Gate MRNA_USDT0.0000%8h172.24+0.041%$860K$999K20xas long as short
Bitget MRNAUSDT0.0000%8h172.20+0.018%$2.6M$10.5M20xas long as short
Variational Omni MRNA0.0000%8h172.18+0.004%$55K$96Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h172.33+0.091%$546$147K10xas long as short
HTX MRNA-USDT0.0000%8h172.14−0.018%$14K$431K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex MRNAUSDT0.0000%8h172.13−0.023%$1.5M$653K20xas long as short
QFEX MRNA-USD0.0000%1h172.01−0.093%$1.1M$2.5M10xas long as short
BloFin MRNA-USDT+0.0020%8h172.12−0.029%$45K$29K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−7.870%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.07−0.058%$2K$65K10xas long as short
Extended MRNA-USDshort+0.0048%1h171.99−0.105%$32K$32K10x
tradeXYZ xyz:MRNA+0.0050%1h172.01−0.093%$2.5M$4.6M10xas long as short
SoDEX MRNA-USD+0.0050%1h172.07−0.058%$40K$56K10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.20+0.018%$42K$35K5xas long as short
Phoenix MRNA+0.0185%1h172.11−0.035%$5K$191K10xas long as short
edgeX MRNAUSDClong+0.0718%4h172.17long leg$3K$247K10x