MRNA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0155%/8h= +17.0% APRnext payment +$1.55 per $10,000 · paid last 24h +0.029%

Price spread now: Binance against HTX+0.018%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$205as in the Funding arb table

Net, price: spread back to 7d avg − costs−$205as in the Price arb table

costs, in and out, $10k−$2082.076% of the position

Long on HTX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 2 days (all we have)−0.037%−$4 · spread now +0.018%, 7d avg −0.007%

Together, before fees−0.008%−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.025% dearer against HTX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX MRNA-USDT	172.15	0	get 0.0000% / 8h	7h 00m	$12K	$428K	20x
Short	Binance MRNAUSDT	172.18	0.0155	get 0.0155% / 8h	7h 00m	$2.1M	$11.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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 HTXbpFee BinancebpOrdersPrice spread, now +0.018%Rate

Funding earned: $32.62
Price spread: +0.018% → −0.007%: $2.53
Slippage, 4 orders: −$185.65
Fee HTX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$172.49
Costs to cover: 2.076%
Break-even: 44.0 days

Slippage from HTX: live order book, 8 min ago; Binance: live order book, 10 min ago.

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 HTX live order book, 8 min ago	16.64 bp	140.4 bp −$140	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	1.16 bp	14.8 bp −$15	44.5 bp −$445	doesn't fit	doesn't fit

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
Aster MRNAUSDT	0.0000%	8h	172.03	−0.068%	$29K	$81K	20x	as long as short
Bybit MRNAUSDT	0.0000%	8h	172.18	+0.018%	$934K	$1.0M	25x	as long as short
OKX MRNA-USDT-SWAP	0.0000%	8h	172.05	−0.058%	$1.3M	$5.2M	20x	as long as short
QFEX MRNA-USD	0.0000%	1h	172.10	−0.028%	$1.2M	$2.7M	10x	as long as short
Gate MRNA_USDT	0.0000%	8h	172.00	−0.087%	$863K	$1.1M	20x	as long as short
Bitget MRNAUSDT	0.0000%	8h	172.02	−0.075%	$2.6M	$10.6M	20x	as long as short
HTX MRNA-USDTlong	0.0000%	8h	172.15	long leg	$12K	$428K	20x
Phemex MRNAUSDT	0.0000%	8h	172.05	−0.058%	$1.5M	$650K	20x	as long as short
Injective MRNA/USDC PERP	+0.0033%	1h	158.62	−7.859%	$18K	$8K	12x	as long as short
Arcus MRNA-USD	+0.0040%	1h	171.99	−0.092%	$2K	$65K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended MRNA-USD	+0.0048%	1h	171.97	−0.102%	$32K	$32K	10x	as long as short
tradeXYZ xyz:MRNA	+0.0050%	1h	171.99	−0.092%	$2.6M	$4.4M	10x	as long as short
Ondo Perps MRNA-USD.P	+0.0050%	1h	171.98	−0.098%	$43K	$39K	5x	as long as short
Variational Omni MRNA	+0.0121%	8h	171.99	−0.091%	$49K	$89K	—	as long as short
Lighter MRNA	+0.0128%	1h	172.17	+0.012%	$111K	$1.1M	10x	as long as short
BloFin MRNA-USDT	+0.0140%	8h	172.26	+0.064%	$45K	$29K	20x	as long as short
Binance MRNAUSDTshort	+0.0155%	8h	172.18	+0.018%	$2.1M	$11.5M	20x
SoDEX MRNA-USD	+0.0175%	1h	172.03	−0.069%	$40K	$66K	10x	as long as short
Phoenix MRNA	+0.0231%	1h	171.98	−0.098%	$5K	$193K	10x	as long as short
edgeX MRNAUSDC	+0.0361%	4h	172.10	−0.029%	$3K	$246K	10x	as long as short
GRVT MRNA_USDT_Perp	+0.0667%	8h	172.13	−0.012%	$201	$155K	10x	as long as short