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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against QFEX+0.099%7-day average +0.265% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2262.262% of the position
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 4 days (all we have)+0.056%+$6 · spread now +0.099%, 7d avg +0.265%
Together, before fees+0.056%+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.166% cheaper against QFEX than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.265%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX MRNA-USD172.380.0000pay 0.0000% / 1h10m 21s$1.1M$2.5M10x
ShortHTX MRNA-USDT172.550get 0.0000% / 8h2h 10m$13K$431K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against QFEX. 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
−$0.02
Price spread: +0.099% → +0.265%
−$16.57
Slippage, 4 orders
−$204.18
Fee QFEX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$242.77
Costs to cover
2.262%
Break-even
never at this rate
Slippage from QFEX: live order book, 2 min ago; HTX: live order book, 38 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 QFEX live order book, 2 min ago2.03 bp7.0 bp −$714.4 bp −$144doesn't fitdoesn't fit
Sell HTX live order book, 38 min ago6.33 bp55.3 bp −$55doesn't fitdoesn'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−0.1128%1h172.72+0.197%$156K$1.2M10xas long as short
Aster MRNAUSDT0.0000%8h172.56+0.105%$26K$83K20xas long as short
Binance MRNAUSDT0.0000%8h172.63+0.146%$2.1M$11.4M20xas long as short
Bybit MRNAUSDT0.0000%8h172.53+0.087%$937K$621K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.45+0.041%$1.3M$5.4M20xas long as short
Gate MRNA_USDT0.0000%8h172.48+0.058%$861K$999K20xas long as short
Bitget MRNAUSDT0.0000%8h172.59+0.122%$2.6M$10.5M20xas long as short
Variational Omni MRNA0.0000%8h172.60+0.130%$56K$96Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h172.24−0.082%$2$148K10xas long as short
HTX MRNA-USDTshort0.0000%8h172.55+0.099%$13K$431K20x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex MRNAUSDT0.0000%8h172.61+0.133%$1.6M$654K20xas long as short
QFEX MRNA-USDlong0.0000%1h172.38long leg$1.1M$2.5M10x
BloFin MRNA-USDT+0.0013%8h172.42+0.023%$45K$29K20xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−7.982%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.33−0.029%$2K$65K10xas long as short
Extended MRNA-USD+0.0048%1h172.54+0.093%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.57+0.110%$2.5M$4.5M10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h172.33−0.029%$43K$35K5xas long as short
Phoenix MRNA+0.0185%1h172.18−0.116%$5K$191K10xas long as short
SoDEX MRNA-USD+0.0187%1h172.52+0.081%$40K$56K10xas long as short
edgeX MRNAUSDC+0.0591%4h172.44+0.033%$3K$247K10xas long as short