MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.016%

Price spread now: tradeXYZ against ApeX Omni−0.073%7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$950.954% of the position

Long on ApeX Omni Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.095%−$9 on $10k

Price spread, last 4 days (all we have)−0.057%−$6 · spread now −0.073%, 7d avg −0.053%

Together, before fees−0.152%+ Points / potential airdroptradeXYZ: Active · farm board−$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.020% cheaper against ApeX Omni than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.053%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MRVLUSDT	260.49	0.0100	pay 0.0013% / 1h	50m 58s	$4K	$141K	50x
Short	tradeXYZ xyz:MRVL	260.30	0.0050	get 0.0006% / 1h	50m 58s	$14.6M	$8.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.073%Rate

Funding earned: −$10.5
Price spread: −0.073% → −0.053%: −$2.01
Slippage, 4 orders: −$67.41
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$107.92
Costs to cover: 0.954%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 10 min ago; tradeXYZ: live order book, 8 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, 10 min ago	23.05 bp	38.5 bp −$39	195.2 bp −$1,952	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 8 min ago	0.96 bp	11.0 bp −$11	doesn't fit	doesn't fit	doesn't fit

MRVL on 31 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
Aster MRVLUSDT	0.0000%	8h	260.38	−0.041%	$313K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.39	−0.038%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.44	−0.019%	$7.0M	$22.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.52	+0.012%	$5.6M	$8.3M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.47	−0.008%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.51	+0.009%	$717K	$654K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.65	+0.063%	$467	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.62	+0.050%	$2K	$6.2M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.63	+0.054%	$132K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	260.45	−0.015%	$935	$50K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX MRVL-USD	+0.0026%	1h	260.46	−0.012%	$1.1M	$3.7M	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.45	−0.015%	$95K	$203K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0032%	1h	260.17	−0.123%	$335K	$631K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.39	−0.038%	$25K	$26K	5x	as long as short
Binance MRVLUSDT	+0.0045%	8h	260.45	−0.015%	$24.2M	$108.0M	50x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.86	+0.142%	—	$45K	25x	as long as short
Extended MRVL-USD	+0.0048%	1h	260.38	−0.042%	$51K	$353K	10x	as long as short
tradeXYZ xyz:MRVLshort	+0.0050%	1h	260.30	−0.073%	$14.6M	$8.4M	10x
Polymarket Perps MRVL-USD	+0.0050%	1h	260.43	−0.023%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.50	+0.004%	$141	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.43	−0.023%	$575K	$676K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	260.56	+0.026%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.66	+0.065%	$514K	$62K	20x	as long as short
ApeX Omni MRVLUSDTlong	+0.0100%	1h	260.49	long leg	$4K	$141K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.52	+0.012%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.48	−0.005%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0164%	1h	260.32	−0.065%	$89K	$273K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0173%	1h	260.39	−0.038%	$23K	$143K	10x	as long as short
Phoenix MRVL	+0.0215%	1h	260.69	+0.077%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.02	+0.971%	$11K	$680	12x	as long as short
edgeX MRVLUSDC	+0.0421%	4h	260.63	+0.055%	$37K	$370K	10x	as long as short