MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.027%

Price spread now: Lighter against Arcus+0.219%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Arcus Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.219% dearer against Arcus than usual: you sell high and buy low, +$22 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus MRVL-USD	260.80	0.0040	pay 0.0005% / 1h	7m 45s	$26K	$26K	5x
Short	Lighter MRVL	261.37	0.0032	get 0.0004% / 1h	7m 45s	$94K	$206K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Arcus. 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 ArcusbpFee LighterbpOrdersPrice spread, now +0.219%Rate

Funding earned: −$1.74
Price spread: +0.219% → 0.000%: $21.86
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Lighter: 0 bp × 2 orders: $0
Net: $15.62
Costs to cover: 0.045%
Break-even: from the start

Slippage unknown: Arcus: no order-book sample; Lighter: live order book, 37 min ago. Net counts fees only.

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 Arcus no order-book sample	—	—	—	—	—
Sell Lighter live order book, 37 min ago	2.69 bp	3.4 bp −$3	13.7 bp −$137	25.7 bp −$2,566	doesn't fit

Arcus: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0010%	8h	261.10	+0.115%	$376K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	261.13	+0.127%	$314K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	261.21	+0.157%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.26	+0.176%	$7.0M	$22.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.22	+0.161%	$5.6M	$8.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	261.26	+0.176%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.96	+0.063%	$718K	$651K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	261.10	+0.116%	$381	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	261.10	+0.115%	$1K	$6.1M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.90	+0.038%	$132K	$41K	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0016%	1h	260.85	+0.021%	$606	$50K	10x	as long as short
Extended MRVL-USD	+0.0024%	1h	261.22	+0.161%	$47K	$351K	10x	as long as short
QFEX MRVL-USD	+0.0026%	1h	261.19	+0.150%	$1.1M	$3.7M	10x	as long as short
Binance MRVLUSDT	+0.0026%	8h	261.31	+0.194%	$24.3M	$107.8M	50x	as long as short
Lighter MRVLshort	+0.0032%	1h	261.37	+0.219%	$94K	$206K	10x
Coinbase International MRVL-PERP-INTX	+0.0032%	1h	259.84	−0.368%	$334K	$630K	10x	as long as short
Arcus MRVL-USDlong	+0.0040%	1h	260.80	long leg	$26K	$26K	5x
Vest MRVL-USD-PERP	+0.0046%	1h	261.52	+0.276%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	261.10	+0.115%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	261.14	+0.130%	$105K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	261.25	+0.173%	$146	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.76	−0.015%	$576K	$693K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	261.24	+0.168%	—	—	5x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0095%	1h	261.13	+0.127%	$23K	$143K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.17	+0.142%	$516K	$61K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.76	−0.015%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	261.23	+0.165%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	261.20	+0.154%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0120%	1h	261.17	+0.142%	$89K	$275K	10x	as long as short
Phoenix MRVL	+0.0215%	1h	261.20	+0.153%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.39	+0.993%	$11K	$693	12x	as long as short
edgeX MRVLUSDC	+0.0220%	4h	260.97	+0.066%	$37K	$370K	10x	as long as short