MRNA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0071%/8h= −7.8% APRnext payment −$0.09 per $10,000 · paid last 24h −0.030%

Price spread now: QFEX against Extended+0.005%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MRNA-USD	172.50	0.0072	pay 0.0009% / 1h	9m 15s	$32K	$32K	10x
Short	QFEX MRNA-USD	172.51	0.0001	get 0.0000% / 1h	9m 15s	$1.1M	$2.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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

Position, each leg$Hold fordaysFee ExtendedbpFee QFEXbpOrdersPrice spread, now +0.005%Rate

Funding earned: −$14.92
Price spread: +0.005% → 0.000%: $0.5
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$29.42
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; QFEX: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended no order-book sample	—	—	—	—	—
Sell QFEX live order book, 3 min ago	1.74 bp	11.8 bp −$12	18.1 bp −$181	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MRNA	−0.0088%	1h	172.82	+0.185%	$155K	$1.2M	10x	as long as short
BloFin MRNA-USDT	−0.0003%	8h	172.51	+0.005%	$45K	$29K	20x	as long as short
Aster MRNAUSDT	0.0000%	8h	172.57	+0.037%	$26K	$82K	20x	as long as short
Binance MRNAUSDT	0.0000%	8h	172.56	+0.036%	$2.1M	$11.2M	20x	as long as short
Bybit MRNAUSDT	0.0000%	8h	172.70	+0.115%	$938K	$600K	25x	as long as short
OKX MRNA-USDT-SWAP	0.0000%	8h	172.53	+0.017%	$1.3M	$5.4M	20x	as long as short
Gate MRNA_USDT	0.0000%	8h	172.63	+0.075%	$881K	$984K	20x	as long as short
Bitget MRNAUSDT	0.0000%	8h	172.51	+0.005%	$2.6M	$10.5M	20x	as long as short
Variational Omni MRNA	0.0000%	8h	172.54	+0.024%	$57K	$92K	—	as long as short
GRVT MRNA_USDT_Perp	0.0000%	8h	172.61	+0.063%	$91	$142K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRNA-USDT	0.0000%	8h	172.59	+0.054%	$14K	$430K	20x	as long as short
Phemex MRNAUSDT	0.0000%	8h	172.57	+0.040%	$1.6M	$636K	20x	as long as short
QFEX MRNA-USDshort	+0.0001%	1h	172.51	+0.005%	$1.1M	$2.5M	10x
Injective MRNA/USDC PERP	+0.0033%	1h	158.62	−8.047%	$18K	$8K	12x	as long as short
Arcus MRNA-USD	+0.0040%	1h	172.53	+0.017%	$2K	$65K	10x	as long as short
Ondo Perps MRNA-USD.P	+0.0050%	1h	172.34	−0.094%	$43K	$35K	5x	as long as short
SoDEX MRNA-USD	+0.0052%	1h	172.53	+0.017%	$40K	$55K	10x	as long as short
Extended MRNA-USDlong	+0.0072%	1h	172.50	long leg	$32K	$32K	10x
tradeXYZ xyz:MRNA	+0.0073%	1h	172.52	+0.011%	$2.5M	$4.3M	10x	as long as short
Phoenix MRNA	+0.0230%	1h	172.54	+0.022%	$5K	$191K	10x	as long as short
edgeX MRNAUSDC	+0.0374%	4h	172.54	+0.024%	$3K	$250K	10x	as long as short