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

MRNA

RWAall MRNA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0835%/8h= −91.4% APRpaid last 24h +0.075%
Price spread now: Lighter against Variational Omni+0.018%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · 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: −$25 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MRNA172.160.0091pay 0.0091% / 8h6h 38m$49K$89K
ShortLighter MRNA172.19−0.0744pay 0.0093% / 1h38m 38s$109K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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

Funding earned
−$175.32
Price spread: +0.018% → 0.000%
$1.84
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
−$173.48
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Lighter: live order book, 2 min ago. 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 Variational Omni no order-book sample
Sell Lighter live order book, 2 min ago2.03 bp4.9 bp −$536.1 bp −$361182.4 bp −$18.2Kdoesn'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 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 MRNAshort−0.0744%1h172.19+0.018%$109K$1.1M10x
QFEX MRNA-USD0.0000%1h172.12−0.022%$1.1M$2.7M10xas long as short
Aster MRNAUSDT0.0000%8h172.13−0.016%$28K$81K20xas long as short
Bybit MRNAUSDT0.0000%8h172.10−0.034%$933K$1.0M25xas long as short
OKX MRNA-USDT-SWAP0.0000%8h172.12−0.022%$1.3M$5.2M20xas long as short
Gate MRNA_USDT0.0000%8h172.20+0.024%$861K$1.0M20xas long as short
Bitget MRNAUSDT0.0000%8h172.05−0.063%$2.6M$10.5M20xas long as short
HTX MRNA-USDT0.0000%8h171.94−0.129%$12K$428K20xas long as short
Phemex MRNAUSDT0.0000%8h172.15−0.005%$1.6M$646K20xas long as short
GRVT MRNA_USDT_Perp+0.0005%8h172.24+0.047%$198$153K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MRNAUSDC+0.0027%4h172.34+0.107%$3K$245K10xas long as short
Injective MRNA/USDC PERP+0.0033%1h158.62−7.864%$18K$8K12xas long as short
Arcus MRNA-USD+0.0040%1h172.07−0.051%$2K$64K10xas long as short
Extended MRNA-USD+0.0048%1h172.06−0.059%$32K$32K10xas long as short
tradeXYZ xyz:MRNA+0.0050%1h172.07−0.051%$2.6M$4.3M10xas long as short
SoDEX MRNA-USD+0.0050%1h172.12−0.022%$40K$66K10xas long as short
Ondo Perps MRNA-USD.P+0.0050%1h171.97−0.109%$43K$38K5xas long as short
Variational Omni MRNAlong+0.0091%8h172.16long leg$49K$89K
Binance MRNAUSDT+0.0117%8h172.13−0.014%$2.1M$11.4M20xas long as short
BloFin MRNA-USDT+0.0133%8h172.49+0.193%$45K$29K20xas long as short
Phoenix MRNA+0.0279%1h172.33+0.100%$5K$193K10xas long as short