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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0037%/8h= −4.1% APRnext payment $0.05 per $10,000 · paid last 24h −0.027%
Price spread now: Ondo Perps against tradeXYZ0.000%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · Ondo Perps: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:MRNA173.600.0088pay 0.0011% / 1h1m 02s$2.6M$4.4M10x
ShortOndo Perps MRNA-USD.P173.600.0050get 0.0006% / 1h1m 02s$43K$35K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against tradeXYZ. 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
−$7.83
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$30.83
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: tradeXYZ: live order book, 7 min ago; Ondo Perps: 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 tradeXYZ live order book, 7 min ago1.15 bp17.1 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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
Aster MRNAUSDT0.0000%8h173.78+0.102%$28K$82K20xas long as short
Bybit MRNAUSDT0.0000%8h173.78+0.104%$944K$658K25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h173.73+0.075%$1.3M$5.2M20xas long as short
QFEX MRNA-USD0.0000%1h173.76+0.092%$1.1M$2.7M10xas long as short
Gate MRNA_USDT0.0000%8h173.65+0.029%$868K$1.0M20xas long as short
Bitget MRNAUSDT0.0000%8h173.69+0.052%$2.7M$10.5M20xas long as short
Variational Omni MRNA0.0000%8h173.87+0.156%$49K$89Kas long as short
GRVT MRNA_USDT_Perp0.0000%8h173.94+0.196%$591$148K10xas long as short
HTX MRNA-USDT0.0000%8h173.85+0.142%$13K$433K20xas long as short
Phemex MRNAUSDT0.0000%8h173.77+0.098%$1.6M$641K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective MRNA/USDC PERP+0.0033%1h158.62−8.629%$18K$8K12xas long as short
Binance MRNAUSDT+0.0040%8h173.79+0.109%$2.2M$11.3M20xas long as short
Arcus MRNA-USD+0.0040%1h173.78+0.104%$2K$63K10xas long as short
BloFin MRNA-USDT+0.0043%8h174.00+0.230%$45K$29K20xas long as short
Ondo Perps MRNA-USD.Pshort+0.0050%1h173.600.000%$43K$35K5x
tradeXYZ xyz:MRNAlong+0.0088%1h173.60long leg$2.6M$4.4M10x
Extended MRNA-USD+0.0088%1h173.71+0.066%$32K$32K10xas long as short
Phoenix MRNA+0.0185%1h173.87+0.156%$5K$189K10xas long as short
SoDEX MRNA-USD+0.0297%1h173.85+0.144%$40K$56K10xas long as short
edgeX MRNAUSDC+0.0597%4h173.96+0.209%$3K$245K10xas long as short
Lighter MRNA+0.1208%1h173.91+0.179%$104K$1.1M10xas long as short