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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0112%/8h= +12.2% APRpaid last 24h +0.018%
Price spread now: BloFin against Injective+8.681%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 4 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 +$3 a day on $10k at the current rate, and BloFin is 8.681% dearer against Injective than usual: you sell high and buy low: +$868 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective MRNA/USDC PERP158.620.0033pay 0.0004% / 1h58m 35s$18K$8K12x
ShortBloFin MRNA-USDT172.390.0145get 0.0145% / 8h6h 58m$45K$29K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Injective. 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
$23.46
Price spread: +8.681% → 0.000%
$868.11
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BloFin: 6 bp × 2 orders
−$12
Net
$879.55
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample
Sell BloFin no order-book sample
Injective and 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
Lighter MRNA−0.0480%1h172.25+8.593%$109K$1.1M10xas long as short
Aster MRNAUSDT0.0000%8h172.22+8.572%$29K$81K20xas long as short
Bybit MRNAUSDT0.0000%8h172.32+8.637%$935K$1.0M25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.32+8.637%$1.3M$5.2M20xas long as short
QFEX MRNA-USD0.0000%1h172.27+8.605%$1.2M$2.7M10xas long as short
Gate MRNA_USDT0.0000%8h172.21+8.568%$862K$1.0M20xas long as short
Bitget MRNAUSDT0.0000%8h172.30+8.624%$2.6M$10.6M20xas long as short
HTX MRNA-USDT0.0000%8h172.28+8.612%$12K$429K20xas long as short
Phemex MRNAUSDT0.0000%8h172.29+8.618%$1.6M$648K20xas long as short
Injective MRNA/USDC PERPlong+0.0033%1h158.62long leg$18K$8K12x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus MRNA-USD+0.0040%1h172.11+8.505%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.25+8.596%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.29+8.618%$2.6M$4.4M10xas long as short
SoDEX MRNA-USD+0.0050%1h172.22+8.574%$40K$66K10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.40+8.687%$43K$39K5xas long as short
Variational Omni MRNA+0.0121%8h171.99+8.430%$49K$89Kas long as short
BloFin MRNA-USDTshort+0.0145%8h172.39+8.681%$45K$29K20x
Binance MRNAUSDT+0.0151%8h172.35+8.658%$2.1M$11.5M20xas long as short
Phoenix MRNA+0.0231%1h171.98+8.423%$5K$191K10xas long as short
edgeX MRNAUSDC+0.0361%4h172.10+8.498%$3K$246K10xas long as short
GRVT MRNA_USDT_Perp+0.0408%8h172.07+8.480%$191$154K10xas long as short