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+0.0301%/8h= +33.0% APRpaid last 24h −0.046%
Price spread now: HTX against edgeX−0.058%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2122.124% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.337%+$34 on $10k
Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.058%, 7d avg +0.049%
Together, before fees+0.430%+ Points / potential airdropedgeX: Active · farm board+$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.107% cheaper against edgeX than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of +0.049%). If the spread goes back, that is −$11 on $10k: about 28 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MRNAUSDC173.56−0.0301get 0.0151% / 4h9m 24s$3K$246K10x
ShortHTX MRNA-USDT173.460get 0.0000% / 8h4h 09m$14K$431K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$63.31
Price spread: −0.058% → +0.049%
−$10.73
Slippage, 4 orders
−$191.42
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$159.84
Costs to cover
2.124%
Break-even
24.7 days
Slippage from edgeX: live order book, 48 min ago; HTX: live order book, 49 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 edgeX live order book, 48 min ago1.73 bp8.8 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 49 min ago27.69 bp44.1 bp −$44doesn't fitdoesn'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
edgeX MRNAUSDClong−0.0301%4h173.56long leg$3K$246K10x
Aster MRNAUSDT0.0000%8h173.54−0.012%$28K$82K20xas long as short
Bybit MRNAUSDT0.0000%8h173.69+0.075%$946K$615K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h173.51−0.029%$1.3M$5.2M20xas long as short
QFEX MRNA-USD0.0000%1h173.48−0.046%$1.1M$2.6M10xas long as short
Gate MRNA_USDT0.0000%8h173.58+0.011%$868K$1.0M20xas long as short
Bitget MRNAUSDT0.0000%8h173.66+0.057%$2.8M$10.6M20xas long as short
Variational Omni MRNA0.0000%8h173.56+0.001%$49K$89Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h173.59+0.018%$222$146K10xas long as short
HTX MRNA-USDTshort0.0000%8h173.46−0.058%$14K$431K20x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex MRNAUSDT0.0000%8h173.60+0.023%$1.6M$640K20xas long as short
BloFin MRNA-USDT+0.0015%8h173.54−0.012%$45K$29K20xas long as short
Binance MRNAUSDT+0.0025%8h173.58+0.011%$2.2M$11.2M20xas long as short
Lighter MRNA+0.0032%1h173.66+0.057%$157K$1.1M10xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.608%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h173.46−0.058%$2K$63K10xas long as short
Extended MRNA-USD+0.0048%1h173.49−0.040%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h173.51−0.029%$2.7M$4.4M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h173.38−0.104%$43K$35K5xas long as short
Phoenix MRNA+0.0230%1h173.73+0.098%$5K$191K10xas long as short
SoDEX MRNA-USD+0.0330%1h173.59+0.017%$40K$56K10xas long as short