Funding you earn now, next payment 02:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h +0.009%
Price spread now: Coinbase International against ApeX Omni−0.448%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$920.921% of the position
Funding, last 7 days+0.282%+$28 on $10k
+Price spread, last 4 days (all we have)+0.794%+$79 · spread now −0.448%, 7d avg +0.044%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Coinbase International is 0.493% cheaper against ApeX Omni than usual: you would sell low and buy high (−$49 if the spread goes back to its 7-day average of +0.044%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.282%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni MRVLUSDT | 261.01 | 0.0100 | pay 0.0013% / 1h | 6m 31s | $4K | $141K | 50x |
| Short | Coinbase International MRVL-PERP-INTX | 259.84 | 0.0032 | get 0.0004% / 1h | 6m 31s | $334K | $630K | 10x |
ApeX Omni MRVLUSDT
Coinbase International MRVL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14.28
- Price spread: −0.448% → +0.044%
- −$49.25
- Slippage, 4 orders
- −$72.06
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$155.59
- Costs to cover
- 0.921%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 54 min ago; Coinbase International: live order book, 57 min ago.
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 ApeX Omni live order book, 54 min ago | 23.05 bp | 38.5 bp −$39 | 195.2 bp −$1,952 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 57 min ago | 4.42 bp | 9.4 bp −$9 | 13.0 bp −$130 | doesn't fit | doesn't fit |
MRVL on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDT | −0.0022% | 8h | 261.26 | +0.096% | $376K | $171K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 261.09 | +0.032% | $313K | $330K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 261.18 | +0.065% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 261.23 | +0.084% | $7.0M | $22.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 261.26 | +0.096% | $5.6M | $8.4M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 261.26 | +0.096% | $5.6M | $16.0M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 260.96 | −0.018% | $718K | $651K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 261.09 | +0.032% | $381 | $189K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 261.33 | +0.123% | $1K | $6.1M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.87 | −0.054% | $132K | $42K | 50x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
HTX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MRVLUSD | +0.0017% | 1h | 261.02 | +0.003% | $672 | $50K | 10x | as long as short |
| Extended MRVL-USD | +0.0024% | 1h | 261.20 | +0.073% | $47K | $351K | 10x | as long as short |
| QFEX MRVL-USD | +0.0026% | 1h | 261.21 | +0.077% | $1.1M | $3.6M | 10x | as long as short |
| Binance MRVLUSDT | +0.0026% | 8h | 261.22 | +0.080% | $24.3M | $107.7M | 50x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 261.33 | +0.123% | $94K | $206K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTXshort | +0.0032% | 1h | 259.84 | −0.448% | $334K | $630K | 10x | |
| Arcus MRVL-USD | +0.0040% | 1h | 260.85 | −0.061% | $26K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 261.55 | +0.207% | — | $49K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 261.05 | +0.015% | $14.6M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 261.09 | +0.031% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 261.24 | +0.088% | $146 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.97 | −0.015% | $577K | $694K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 261.19 | +0.070% | — | — | 5x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0056% | 1h | 261.17 | +0.061% | $23K | $143K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 261.12 | +0.042% | $516K | $61K | 20x | as long as short |
| ApeX Omni MRVLUSDTlong | +0.0100% | 1h | 261.01 | long leg | $4K | $141K | 50x | |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 261.20 | +0.073% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 261.19 | +0.071% | $18 | — | 10x | as long as short |
| Nado MRVL-PERP | +0.0121% | 1h | 261.07 | +0.022% | $89K | $275K | 10x | as long as short |
| Phoenix MRVL | +0.0215% | 1h | 261.20 | +0.073% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.39 | +0.912% | $11K | $693 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0491% | 4h | 261.07 | +0.023% | $37K | $370K | 10x | as long as short |
Aftermath Perps MRVLUSD
Extended MRVL-USD
QFEX MRVL-USD
Binance MRVLUSDT
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Deribit MRVL_USDC-PERPETUAL
KuCoin MRVLUSDTM
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Nado MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC