Live Moderna (MRNA) Perpetual Futures Price

Moderna (MRNA) perpetual futures (perps) trade 24/7 on Phoenix, a fully on-chain order book exchange on Solana. As of October 26, 2026, MRNA trades at $196.26 with $7,264 in open interest. Fees are 0.035% taker and 0.005% maker, and you can use USDC or SOL as collateral.

Mark price$196.26-0.69%
Oracle price
$196.24
24h high
$203.35
24h low
$175.97
24h volume
$134,400
Open interest
$7,264
1h funding
0.0000%

MRNA mark price, last 24 hours

17:45 UTC17:30 UTC

MRNA contract specifications

Contract type
Perpetual futures, no expiry
Margin and settlement
USDC
Maximum leverage
10x
Margin mode
Cross or isolated
Taker fee
0.035%
Maker fee
0.005%
Trading hours
24/7
Closed-market price bound
10%

MRNA trades 24/7 on Phoenix. When the underlying market is closed, Phoenix prices MRNA from its own order book using Impact Pricing, within 10% of the last external price. Parameters are set per market and can change. See all market parameters

MRNA funding rate

1 hour
0.0000%
8 hours
0.0000%
Annualized
0.00%

The rate is zero: neither side pays funding right now. Funding settles every hour. The 8-hour and annualized figures extend the current hourly rate and are not forecasts.

About Moderna

MRNA references 1 share of Moderna, Inc. common stock (Nasdaq: MRNA), quoted in USD. Moderna develops messenger RNA (mRNA) medicines, including infectious-disease vaccines and oncology therapeutics.

Open interest is the notional value of MRNA positions still open on Phoenix. 24h volume is the notional value traded over the last 24 hours.

MRNA perpetuals questions

What is the MRNA perpetual price right now?

The Moderna perpetual price on Phoenix is $196.26, a change of -0.69% over the last 24 hours. It's the mark price of the MRNA perpetual, which can differ slightly from Moderna prices quoted elsewhere.

Can I trade MRNA perpetuals on Solana?

Yes. MRNA perpetuals trade on Phoenix, a fully on-chain perpetuals exchange on Solana. Connect a Solana wallet or sign in with email, deposit USDC or SOL, and trade MRNA 24/7.

What is the MRNA funding rate right now?

The MRNA funding rate on Phoenix is 0.0000% per hour, or 0.00% annualized. A positive rate means longs pay shorts, and a negative rate means shorts pay longs. Funding settles every hour.

What is MRNA open interest on Phoenix?

MRNA open interest on Phoenix is $7,264, with $134,400 traded over the last 24 hours.

What are the fees to trade MRNA perpetuals?

Trading MRNA perpetuals (perps) on Phoenix costs 0.035% for taker orders and 0.005% for maker orders, based on matched notional.

Can I use SOL as collateral to trade MRNA?

Yes. Phoenix accepts USDC and native SOL as collateral, and SOL counts toward margin at up to 80% of its value, so you can trade MRNA without selling your SOL. Profit and loss settle in USDC.

Can I trade MRNA when its market is closed?

Yes. MRNA trades 24/7 on Phoenix. When the underlying market is closed, Phoenix prices MRNA from its own order book, within 10% of the last external price.

Do I own Moderna shares when I trade MRNA perpetuals?

No. MRNA perpetuals give you exposure to the share price without owning shares. Profit and loss settle in USDC.

Do MRNA perpetuals expire?

No. MRNA perpetuals have no expiry date. A position stays open until you close it or it is liquidated, unless the market itself is settled or delisted under its listing terms.

How does Phoenix decide MRNA liquidations?

Phoenix uses the mark price, not the last trade, to check account health and trigger MRNA liquidations. The mark price is the median of an adjusted oracle price, the Phoenix order book price and the oracle price plus a smoothed average of the order book's gap to it, which reduces the risk of liquidations caused by a brief price spike.

Where can I see MRNA order book depth and price history?

The MRNA trade screen on Phoenix shows the live order book, recent trades and an interactive chart. Developers can stream the same data through the Phoenix API, the Rise SDK and the Vulcan CLI.

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