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Funding arb · Price arb /

MRNA

RWAall MRNA markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against OKX−0.127%7-day average −0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$500.502% of the position
Long on OKXShort on QFEX
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 7 days+0.085%+$9 · spread now −0.127%, 7d avg −0.131%
Together, before fees+0.085%+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MRNA-USDT-SWAP173.860get 0.0000% / 8h5h 46m$1.3M$5.3M20x
ShortQFEX MRNA-USD173.640get 0.0000% / 1h46m 58s$1.1M$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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: −0.127% → −0.131%
$0.45
Slippage, 4 orders
−$30.17
Fee OKX: 5 bp × 2 orders
−$10
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$49.71
Costs to cover
0.502%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; QFEX: 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, 1 min ago4.89 bp12.7 bp −$13107.5 bp −$1,075doesn't fitdoesn't fit
Sell QFEX live order book, 5 min ago2.59 bp13.3 bp −$1320.1 bp −$201doesn'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
Aster MRNAUSDT0.0000%8h173.65−0.119%$28K$81K20xas long as short
Bybit MRNAUSDT0.0000%8h173.82−0.023%$944K$662K25xas long as short
OKX MRNA-USDT-SWAPlong0.0000%8h173.86long leg$1.3M$5.3M20x
QFEX MRNA-USDshort0.0000%1h173.64−0.127%$1.1M$2.7M10x
Gate MRNA_USDT0.0000%8h173.63−0.132%$865K$1.0M20xas long as short
Bitget MRNAUSDT0.0000%8h173.70−0.092%$2.7M$10.5M20xas long as short
GRVT MRNA_USDT_Perp0.0000%8h173.75−0.063%$306$149K10xas long as short
HTX MRNA-USDT0.0000%8h173.74−0.071%$12K$430K20xas long as short
Phemex MRNAUSDT0.0000%8h173.77−0.052%$1.6M$641K20xas long as short
Variational Omni MRNA+0.0029%8h173.70−0.091%$49K$89K—as long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective MRNA/USDC PERP+0.0033%1h158.62−8.766%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h173.61−0.144%$2K$64K10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h173.74−0.069%$43K$35K5xas long as short
Binance MRNAUSDT+0.0073%8h173.80−0.037%$2.1M$11.2M20xas long as short
BloFin MRNA-USDT+0.0083%8h173.79−0.040%—$29K20xas long as short
tradeXYZ xyz:MRNA+0.0096%1h173.70−0.092%$2.6M$4.4M10xas long as short
Extended MRNA-USD+0.0104%1h173.64−0.127%$32K$32K10xas long as short
Phoenix MRNA+0.0185%1h173.79−0.040%$5K$189K10xas long as short
edgeX MRNAUSDC+0.0262%4h173.71−0.084%$3K$245K10xas long as short
SoDEX MRNA-USD+0.0646%1h173.75−0.063%$40K$56K10xas long as short
Lighter MRNA+0.1856%1h173.77−0.052%$104K$1.1M10xas long as short