ArbiLayer

MRNA arbitrage

live

Live Moderna, Inc. • Robinhood Token price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.14%OKX → Bybit · Perp–Perp
Best perp–perp spread+0.02%OKX → Bybit
Markets tracked88 venues · 8 perp · 0 spot · 0 DEX
Price range0.10%$184.74 – $184.93

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
No venue pairs for this coin in this mode right now.
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

MRNA price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
OKX logoOKXPerpetual · MRNA-USDT-SWAPPerpetual $184.68$184.82$184.75-0.06% 0.000%$5.14M
Bybit logoBybitPerpetual · MRNAUSDTPerpetual $184.85$184.91$184.88+0.01% +0.100%$4.81M
Bitget logoBitgetPerpetual · MRNAUSDTPerpetual $184.85$184.87$184.860.00% 0.000%$4.28M
Variational logoVariationalPerpetual · MRNAPerpetual $184.65$184.84$184.74-0.06% 0.000%$439.6K
Gate logoGatePerpetual · MRNA_USDTPerpetual $184.84$184.88$184.860.00% 0.000%$358.1K
HTX logoHTXPerpetual · MRNA-USDTPerpetual $184.47$185.09$184.78-0.04% 0.000%$199.9K
Binance logoBinancePerpetual · MRNAUSDTPerpetual $184.84$184.88$184.860.00% 0.000%—
Aster logoAsterPerpetual · MRNAUSDTPerpetual $184.82$185.04$184.93+0.04% 0.000%—
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

MRNA arbitrage explained

Right now Moderna, Inc. • Robinhood Token (MRNA) trades on 8 venues we scan: 8 perpetual markets, 0 spot markets and 0 DEX pools. The lowest ask is on OKX perp at $184.82 and the highest bid on Bybit perp at $184.85.

The widest MRNA perpetual spread is between OKX and Bybit: long MRNA on OKX at $184.82 and short on Bybit at $184.85 for +0.02% gross, or -0.14% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.100% per day, which the position collects while it is open.

Small MRNA gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: MRNA funding rates · MRNA spread charts · Moderna, Inc. • Robinhood Token price · arbitrage scanner for all coins.

Is there a MRNA arbitrage opportunity right now?

The best MRNA route right now is to buy on OKX → sell on Bybit (Perp–Perp): +0.02% gross and -0.14% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest MRNA?

OKX (perp) has the lowest MRNA ask at $184.82, and Bybit (perp) the highest bid at $184.85. Prices update every 15 seconds on this page.

How many exchanges list MRNA?

ArbiLayer tracks 8 MRNA markets on 8 venues: 8 perpetual, 0 spot and 0 DEX pools.

How do I arbitrage MRNA without transferring coins?

Use two perpetual contracts: go long MRNA on the cheaper exchange (OKX now) and short it on the more expensive one (Bybit), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins