MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.015%

Price spread now: Deribit against ApeX Omni−0.036%74s7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$950.951% of the position

Long on ApeX Omni Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.020%−$2 on $10k

Price spread, last 4 days (all we have)+0.324%+$32 · spread now −0.036%, 7d avg −0.023%

Together, before fees+0.304%+$30 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MRVLUSDT	250.76	0.0100	pay 0.0013% / 1h	28m 12s	$4K	$143K	50x
Short	Deribit MRVL_USDC-PERPETUAL	250.67	0	get 0.0000% / 1h	28m 12s	$22K	$145K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 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 ApeX OmnibpFee DeribitbpOrdersPrice spread, now −0.036%Rate

Funding earned: −$21
Price spread: −0.036% → −0.023%: −$1.29
Slippage, 4 orders: −$78.07
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$117.36
Costs to cover: 0.951%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 3 min ago; Deribit: live order book, 5 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, 3 min ago	25.74 bp	35.8 bp −$36	195.9 bp −$1,959	doesn't fit	doesn't fit
Sell Deribit live order book, 5 min ago	6.57 bp	10.1 bp −$10	12.1 bp −$121	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
Bitget MRVLUSDT	−0.0387%	8h	250.72	−0.016%	$5.4M	$17.8M	20x	as long as short
BloFin MRVL-USDT	−0.0003%	8h	250.36	−0.160%	$364K	$192K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	250.72	−0.017%	$296K	$336K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	250.72	−0.015%	$46K	$300K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	250.82	+0.024%	$23.2M	$117.1M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	250.71	−0.020%	$4.9M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	250.80	+0.016%	$6.7M	$24.4M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	250.71	−0.020%	$4.9M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	251.03	+0.109%	$702K	$457K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	250.88	+0.048%	$707	$182K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	250.76	0.000%	$1K	$5.7M	10x	as long as short
Deribit MRVL_USDC-PERPETUALshort	0.0000%	1h	250.67	−0.036%	$22K	$145K	10x
HTX MRVL-USDT	0.0000%	8h	250.91	+0.060%	$129K	$48K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	251.24	+0.190%	$1K	$45K	10x	as long as short
QFEX MRVL-USD	+0.0022%	1h	250.45	−0.124%	$1.1M	$3.5M	10x	as long as short
edgeX MRVLUSDC	+0.0023%	4h	250.80	+0.015%	$36K	$376K	10x	as long as short
Lighter MRVL	+0.0032%	1h	250.70	−0.024%	$87K	$164K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	250.43	−0.132%	$21K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	250.74	−0.008%	—	$51K	25x	as long as short
Paradex MRVL-USD-PERP	+0.0049%	8h	250.31	−0.180%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0050%	1h	250.50	−0.102%	$85K	$276K	10x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	250.64	−0.048%	$13.8M	$9.2M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	250.40	−0.144%	$98K	$76K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	250.36	−0.160%	$145	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	250.34	−0.167%	$535K	$840K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0072%	1h	250.10	−0.263%	$318K	$673K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	250.71	−0.020%	$496K	$118K	20x	as long as short
ApeX Omni MRVLUSDTlong	+0.0100%	1h	250.76	long leg	$4K	$143K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	250.64	−0.048%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	250.72	−0.016%	$18	—	10x	as long as short
Phoenix MRVL	+0.0188%	1h	250.81	+0.020%	$10K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	256.63	+2.341%	$11K	$845	12x	as long as short