MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0490%/8h= −53.7% APRnext payment −$4.90 per $10,000 · paid last 24h −0.005%

Price spread now: Bitget against Binance−0.046%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$360.358% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.097%+$10 on $10k

Price spread, last 7 days+0.055%+$5 · spread now −0.046%, 7d avg −0.001%

Together, before fees+0.151%+$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Bitget is 0.045% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.001%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.097%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.097% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.90 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MRVLUSDT	253.78	0	get 0.0000% / 8h	7h 55m	$23.4M	$114.0M	50x
Short	Bitget MRVLUSDT	253.66	−0.0490	pay 0.0490% / 8h	7h 55m	$5.5M	$17.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now −0.046%Rate

Funding earned: −$102.9
Price spread: −0.046% → −0.001%: −$4.5
Slippage, 4 orders: −$13.79
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$143.19
Costs to cover: 0.358%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; Bitget: live order book, 3 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 Binance live order book, 3 min ago	0.39 bp	8.4 bp −$8	16.0 bp −$160	73.5 bp −$7,351	doesn't fit
Sell Bitget live order book, 3 min ago	0.98 bp	9.7 bp −$10	14.8 bp −$148	28.3 bp −$2,831	89.4 bp −$44.7K

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 MRVLUSDTshort	−0.0490%	8h	253.66	−0.046%	$5.5M	$17.2M	20x
GRVT MRVL_USDT_Perp	−0.0319%	8h	255.04	+0.497%	$375	$187K	10x	as long as short
tradeXYZ xyz:MRVL	−0.0182%	1h	253.51	−0.105%	$14.0M	$9.2M	10x	as long as short
Bybit MRVLUSDT	−0.0136%	8h	253.59	−0.074%	$5.0M	$4.1M	50x	as long as short
Nado MRVL-PERP	−0.0077%	1h	253.61	−0.067%	$86K	$272K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	−0.0025%	1h	254.21	+0.170%	$22K	$145K	10x	as long as short
Aster MRVLUSDT	0.0000%	8h	254.12	+0.136%	$300K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	253.89	+0.045%	$47K	$306K	10x	as long as short
Binance MRVLUSDTlong	0.0000%	8h	253.78	long leg	$23.4M	$114.0M	50x
OKX MRVL-USDT-SWAP	0.0000%	8h	253.64	−0.054%	$6.7M	$24.2M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate MRVL_USDT	0.0000%	8h	254.01	+0.092%	$5.1M	$8.3M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	254.30	+0.207%	$714K	$455K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	255.05	+0.501%	$2K	$5.9M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	254.55	+0.304%	$130K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0017%	1h	254.82	+0.412%	$592	$46K	10x	as long as short
QFEX MRVL-USD	+0.0022%	1h	253.61	−0.066%	$1.1M	$3.5M	10x	as long as short
BloFin MRVL-USDT	+0.0024%	8h	255.03	+0.493%	$368K	$190K	50x	as long as short
Lighter MRVL	+0.0032%	1h	253.85	+0.029%	$88K	$164K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	253.85	+0.029%	$23K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	254.16	+0.151%	—	$51K	25x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	253.52	−0.102%	$99K	$76K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	254.36	+0.229%	$142	$15K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0050%	8h	253.65	−0.051%	—	—	5x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	253.96	+0.072%	$538K	$849K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0072%	1h	254.04	+0.103%	$333K	$649K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	254.04	+0.103%	$502K	$87K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.14	+0.537%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	254.61	+0.328%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	254.58	+0.316%	$18	—	10x	as long as short
Phoenix MRVL	+0.0125%	1h	254.70	+0.363%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	257.87	+1.613%	$11K	$806	12x	as long as short
edgeX MRVLUSDC	+0.0735%	4h	254.98	+0.473%	$36K	$373K	10x	as long as short