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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.3% APRnext payment +$0.00 per $10,000 · paid last 24h −0.023%
Price spread now: Ondo Perps against Extended+0.046%7-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 airdropExtended: Active · Ondo Perps: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.046% dearer against Extended than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MRNA-USD172.690.0048pay 0.0006% / 1h13m 49s$32K$32K10x
ShortOndo Perps MRNA-USD.P172.770.0050get 0.0006% / 1h13m 49s$43K$39K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Extended. 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
$0.5
Price spread: +0.046% → 0.000%
$4.55
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$4.94
Costs to cover
0.100%
Break-even
75.6 days
Slippage unknown: Extended: no order-book sample; Ondo Perps: 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 Extended no order-book sample
Sell Ondo Perps no order-book sample
Extended and Ondo Perps: 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
BloFin MRNA-USDT−0.0015%8h172.81+0.069%$44K$29K20xas long as short
Aster MRNAUSDT0.0000%8h172.69+0.001%$29K$81K20xas long as short
Binance MRNAUSDT0.0000%8h172.82+0.077%$2.2M$11.4M20xas long as short
Bybit MRNAUSDT0.0000%8h172.74+0.028%$933K$1.0M25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.79+0.057%$1.4M$5.0M20xas long as short
QFEX MRNA-USD0.0000%1h172.74+0.028%$1.1M$2.7M10xas long as short
Gate MRNA_USDT0.0000%8h172.70+0.005%$880K$1.1M20xas long as short
Bitget MRNAUSDT0.0000%8h172.72+0.017%$2.6M$10.4M20xas long as short
Variational Omni MRNA0.0000%8h172.80+0.063%$49K$89Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h172.73+0.022%$579$164K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRNA-USDT0.0000%8h172.86+0.096%$12K$428K20xas long as short
Phemex MRNAUSDT0.0000%8h172.76+0.040%$1.6M$645K20xas long as short
Lighter MRNA+0.0032%1h172.80+0.063%$124K$1.0M10xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.148%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.59−0.059%$2K$65K10xas long as short
Extended MRNA-USDlong+0.0048%1h172.69long leg$32K$32K10x
tradeXYZ xyz:MRNA+0.0050%1h172.71+0.011%$2.6M$4.2M10xas long as short
Ondo Perps MRNA-USD.Pshort+0.0050%1h172.77+0.046%$43K$39K5x
SoDEX MRNA-USD+0.0143%1h172.73+0.022%$40K$66K10xas long as short
Phoenix MRNA+0.0232%1h172.71+0.011%$5K$191K10xas long as short
edgeX MRNAUSDC+0.0519%4h172.75+0.037%$3K$245K10xas long as short