MRNA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.34 per $10,000 · paid last 24h +0.012%

Price spread now: Binance against Variational Omni−0.025%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Binance is 0.025% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2.5 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MRNA	172.66	0.0065	pay 0.0065% / 8h	6h 19m	$49K	$89K	—
Short	Binance MRNAUSDT	172.62	0.0099	get 0.0099% / 8h	6h 19m	$2.1M	$11.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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

Position, each leg$Hold fordaysFee Variational OmnibpFee BinancebpOrdersPrice spread, now −0.025%Rate

Funding earned: $7.15
Price spread: −0.025% → 0.000%: −$2.52
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$5.37
Costs to cover: 0.100%
Break-even: 12.3 days

Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni no order-book sample	—	—	—	—	—
Sell Binance live order book, 5 min ago	2.03 bp	16.4 bp −$16	43.3 bp −$433	doesn't fit	doesn't fit

Variational Omni: 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 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MRNA	−0.0656%	1h	172.57	−0.054%	$104K	$1.1M	10x	as long as short
edgeX MRNAUSDC	−0.0326%	4h	172.66	−0.001%	$3K	$246K	10x	as long as short
QFEX MRNA-USD	0.0000%	1h	172.45	−0.123%	$1.1M	$2.7M	10x	as long as short
Aster MRNAUSDT	0.0000%	8h	172.53	−0.077%	$28K	$81K	20x	as long as short
Bybit MRNAUSDT	0.0000%	8h	172.67	+0.004%	$936K	$741K	25x	as long as short
OKX MRNA-USDT-SWAP	0.0000%	8h	172.71	+0.027%	$1.3M	$5.3M	20x	as long as short
Gate MRNA_USDT	0.0000%	8h	172.47	−0.112%	$863K	$1.0M	20x	as long as short
Bitget MRNAUSDT	0.0000%	8h	172.59	−0.042%	$2.6M	$10.6M	20x	as long as short
GRVT MRNA_USDT_Perp	0.0000%	8h	172.33	−0.193%	$233	$152K	10x	as long as short
HTX MRNA-USDT	0.0000%	8h	172.79	+0.072%	$12K	$428K	20x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex MRNAUSDT	0.0000%	8h	172.66	−0.002%	$1.6M	$649K	20x	as long as short
Injective MRNA/USDC PERP	+0.0033%	1h	158.62	−8.133%	$18K	$8K	12x	as long as short
Arcus MRNA-USD	+0.0040%	1h	172.41	−0.147%	$2K	$64K	10x	as long as short
Extended MRNA-USD	+0.0048%	1h	172.50	−0.092%	$32K	$32K	10x	as long as short
tradeXYZ xyz:MRNA	+0.0050%	1h	172.52	−0.083%	$2.6M	$4.4M	10x	as long as short
Ondo Perps MRNA-USD.P	+0.0050%	1h	172.22	−0.257%	$43K	$36K	5x	as long as short
Variational Omni MRNAlong	+0.0065%	8h	172.66	long leg	$49K	$89K	—
Binance MRNAUSDTshort	+0.0099%	8h	172.62	−0.025%	$2.1M	$11.4M	20x
SoDEX MRNA-USD	+0.0136%	1h	172.63	−0.019%	$40K	$56K	10x	as long as short
Phoenix MRNA	+0.0279%	1h	172.31	−0.204%	$5K	$193K	10x	as long as short