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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.026%
Price spread now: Bitget against OKX+0.023%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$590.585% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.068%+$7 on $10k
Price spread, last 7 days+0.050%+$5 · spread now +0.023%, 7d avg +0.039%
Together, before fees+0.118%+$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MRNA-USDT-SWAP172.550get 0.0000% / 8h2h 03m$1.3M$5.4M20x
ShortBitget MRNAUSDT172.590get 0.0000% / 8h2h 03m$2.6M$10.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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
Price spread: +0.023% → +0.039%
−$1.6
Slippage, 4 orders
−$36.54
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$60.15
Costs to cover
0.585%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago5.79 bp14.2 bp −$14106.4 bp −$1,064doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago4.92 bp15.1 bp −$1547.6 bp −$476doesn't fitdoesn't fit

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−0.0960%1h172.80+0.145%$156K$1.2M10xas long as short
edgeX MRNAUSDC−0.0750%4h172.73+0.103%$3K$248K10xas long as short
Aster MRNAUSDT0.0000%8h172.62+0.039%$26K$83K20xas long as short
Binance MRNAUSDT0.0000%8h172.66+0.064%$2.1M$11.4M20xas long as short
Bybit MRNAUSDT0.0000%8h172.57+0.012%$937K$621K25xas long as short
OKX MRNA-USDT-SWAPlong0.0000%8h172.55long leg$1.3M$5.4M20x
Gate MRNA_USDT0.0000%8h172.56+0.006%$862K$999K20xas long as short
Bitget MRNAUSDTshort0.0000%8h172.59+0.023%$2.6M$10.5M20x
Variational Omni MRNA0.0000%8h172.66+0.067%$56K$96Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h172.71+0.094%$3$147K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRNA-USDT0.0000%8h172.52−0.015%$14K$431K20xas long as short
Phemex MRNAUSDT0.0000%8h172.60+0.029%$1.6M$654K20xas long as short
QFEX MRNA-USD0.0000%1h172.52−0.017%$1.1M$2.5M10xas long as short
BloFin MRNA-USDT+0.0015%8h172.82+0.156%$45K$29K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−8.073%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.53−0.012%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.45−0.057%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.49−0.035%$2.5M$4.5M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.47−0.046%$43K$35K5xas long as short
Phoenix MRNA+0.0185%1h172.64+0.052%$5K$191K10xas long as short
SoDEX MRNA-USD+0.0235%1h172.59+0.023%$40K$56K10xas long as short