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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against Gate+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 feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.046% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MRNA_USDT173.970get 0.0000% / 8h3h 16m$870K$999K20x
ShortBloFin MRNA-USDT174.050.0020get 0.0020% / 8h3h 16m$45K$29K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$4.14
Price spread: +0.046% → 0.000%
$4.6
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$18.26
Costs to cover
0.270%
Break-even
37.8 days
Slippage unknown: Gate: live order book, 35 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 Gate live order book, 35 min ago12.08 bp19.9 bp −$20doesn'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
edgeX MRNAUSDC−0.0517%4h174.17+0.117%$3K$247K10xas long as short
Aster MRNAUSDT0.0000%8h173.97−0.002%$28K$82K20xas long as short
Binance MRNAUSDT0.0000%8h174.10+0.075%$2.2M$11.3M20xas long as short
Bybit MRNAUSDT0.0000%8h173.91−0.034%$948K$614K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h173.94−0.017%$1.3M$5.3M20xas long as short
QFEX MRNA-USD0.0000%1h173.75−0.126%$1.1M$2.6M10xas long as short
Gate MRNA_USDTlong0.0000%8h173.97long leg$870K$999K20x
Bitget MRNAUSDT0.0000%8h173.99+0.011%$2.8M$10.4M20xas long as short
Variational Omni MRNA0.0000%8h174.17+0.115%$56K$96Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h174.21+0.136%$660$149K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRNA-USDT0.0000%8h173.68−0.166%$13K$430K20xas long as short
Phemex MRNAUSDT0.0000%8h174.01+0.023%$1.6M$643K20xas long as short
BloFin MRNA-USDTshort+0.0020%8h174.05+0.046%$45K$29K20x
Injective MRNA/USDC PERP+0.0033%1h158.62−8.823%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h173.90−0.040%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h173.79−0.104%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h173.77−0.115%$2.7M$4.5M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h173.94−0.017%$43K$35K5xas long as short
SoDEX MRNA-USD+0.0153%1h173.89−0.046%$40K$56K10xas long as short
Phoenix MRNA+0.0277%1h173.88−0.052%$5K$191K10xas long as short
Lighter MRNA+0.0600%1h174.22+0.144%$158K$1.1M10xas long as short