Funding you earn now, next payment 23:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.010%
Price spread now: Lighter against ApeX Omni+0.093%48s7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$950.950% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 3 days (all we have)−0.046%−$5 · spread now +0.093%, 7d avg −0.034%
=Together, before fees−0.177%+ Points / potential airdropLighter: Season 3 · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.127% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.093% now, against its 7-day average of −0.034%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.2 days. The two prices were read 48 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 | 257.62 | 0.0100 | pay 0.0013% / 1h | 48m 23s | $4K | $142K | 50x |
| Short | Lighter MRVL | 257.86 | 0.0032 | get 0.0004% / 1h | 48m 23s | $91K | $208K | 10x |
ApeX Omni MRVLUSDT
Lighter MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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: +0.093% → −0.034%
- $12.69
- Slippage, 4 orders
- −$85
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$96.58
- Costs to cover
- 0.950%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 32 min ago; Lighter: live order book, 25 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, 32 min ago | 25.87 bp | 40.6 bp −$41 | 200.4 bp −$2,004 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 25 min ago | 1.95 bp | 5.1 bp −$5 | 13.7 bp −$137 | 24.9 bp −$2,492 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado MRVL-PERP | −0.0115% | 1h | 257.53 | −0.034% | $152K | $257K | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | −0.0022% | 1h | 257.61 | −0.004% | $22K | $143K | 10x | as long as short |
| BloFin MRVL-USDT | −0.0016% | 8h | 257.75 | +0.050% | $376K | $172K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 257.74 | +0.047% | $311K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 257.57 | −0.018% | $44K | $190K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 257.62 | −0.002% | $24.1M | $114.9M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 257.45 | −0.066% | $5.1M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 257.56 | −0.023% | $7.1M | $22.4M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 257.62 | 0.000% | $5.5M | $9.8M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 257.59 | −0.012% | $5.6M | $16.3M | 20x | as long as short |
Nado MRVL-PERP
Deribit MRVL_USDC-PERPETUAL
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MRVL | 0.0000% | 8h | 257.80 | +0.071% | $711K | $759K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 257.77 | +0.060% | $382 | $248K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 257.75 | +0.050% | $2K | $7.0M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 257.73 | +0.043% | $130K | $81K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0015% | 1h | 257.58 | −0.015% | $598 | $54K | 10x | as long as short |
| Lighter MRVLshort | +0.0032% | 1h | 257.86 | +0.093% | $91K | $208K | 10x | |
| Arcus MRVL-USD | +0.0040% | 1h | 257.40 | −0.085% | $25K | $30K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 258.00 | +0.148% | — | $41K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 257.47 | −0.058% | $14.6M | $9.7M | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 257.72 | +0.039% | $268 | $14K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 257.67 | +0.019% | $588K | $941K | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0054% | 1h | 257.66 | +0.016% | $106K | $66K | 10x | as long as short |
| QFEX MRVL-USD | +0.0064% | 1h | 257.63 | +0.004% | $1.1M | $4.2M | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0066% | 8h | 257.78 | +0.064% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 257.52 | −0.039% | $509K | $70K | 20x | as long as short |
| ApeX Omni MRVLUSDTlong | +0.0100% | 1h | 257.62 | long leg | $4K | $142K | 50x | |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 257.62 | 0.000% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 257.62 | 0.000% | $18 | — | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0136% | 1h | 257.46 | −0.062% | $316K | $891K | 10x | as long as short |
| Phoenix MRVL | +0.0187% | 1h | 257.42 | −0.078% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 259.98 | +0.916% | $11K | $609 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0487% | 4h | 257.78 | +0.064% | $36K | $368K | 10x | as long as short |
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
HTX MRVL-USDT
Aftermath Perps MRVLUSD
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Polymarket Perps MRVL-USD
QFEX MRVL-USD
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Coinbase International MRVL-PERP-INTX
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC