Funding you earn now, next payment 08:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.42 per $10,000 · paid last 24h −0.004%
Price spread now: GRVT against Binance+0.166%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$330.333% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 2 days (all we have)−0.180%−$18 · spread now +0.166%, 7d avg +0.002%
=Together, before fees−0.182%+ Points / potential airdropGRVT: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.164% dearer against Binance than usual: you sell high and buy low (spread +0.166% now, against its 7-day average of +0.002%): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 7 days (−0.002% in total) that is about 17 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MRVLUSDT | 259.98 | 0.0042 | pay 0.0042% / 8h | 5h 59m | $24.1M | $108.0M | 50x |
| Short | GRVT MRVL_USDT_Perp | 260.41 | 0 | get 0.0000% / 8h | 5h 59m | $471 | $189K | 10x |
Binance MRVLUSDT
GRVT MRVL_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Binance. 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
- −$8.88
- Price spread: +0.166% → +0.002%
- $16.44
- Slippage, 4 orders
- −$14.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$25.78
- Costs to cover
- 0.333%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; GRVT: 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, 14 min ago | 0.19 bp | 7.7 bp −$8 | 13.5 bp −$135 | 52.2 bp −$5,223 | doesn't fit |
| Sell GRVT live order book, 3 min ago | 1.53 bp | 8.4 bp −$8 | 18.2 bp −$182 | 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 | 259.94 | −0.017% | $312K | $330K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 259.87 | −0.042% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.01 | +0.011% | $7.0M | $22.1M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 259.98 | 0.000% | $5.6M | $8.3M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.15 | +0.065% | $5.5M | $16.0M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 260.37 | +0.150% | $722K | $651K | — | as long as short |
| GRVT MRVL_USDT_Perpshort | 0.0000% | 8h | 260.41 | +0.166% | $471 | $189K | 10x | |
| SunX MRVL-USDT | 0.0000% | 8h | 259.99 | +0.004% | $1K | $6.2M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 259.89 | −0.035% | $22K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 259.96 | −0.008% | $131K | $41K | 50x | as long as short |
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps MRVL-USD.P | +0.0011% | 1h | 259.78 | −0.077% | $576K | $677K | 10x | as long as short |
| Aftermath Perps MRVLUSD | +0.0013% | 1h | 260.17 | +0.075% | $883 | $50K | 10x | as long as short |
| Nado MRVL-PERP | +0.0019% | 1h | 259.86 | −0.045% | $89K | $273K | 10x | as long as short |
| QFEX MRVL-USD | +0.0023% | 1h | 259.97 | −0.004% | $1.1M | $3.7M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 259.95 | −0.012% | $95K | $203K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0032% | 1h | 260.17 | +0.073% | $335K | $631K | 10x | as long as short |
| Extended MRVL-USD | +0.0040% | 1h | 259.94 | −0.017% | $51K | $356K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.04 | +0.023% | $25K | $26K | 5x | as long as short |
| Binance MRVLUSDTlong | +0.0042% | 8h | 259.98 | long leg | $24.1M | $108.0M | 50x | |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 260.38 | +0.154% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 259.80 | −0.069% | $14.6M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 259.88 | −0.039% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.03 | +0.019% | $146 | $15K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 259.73 | −0.096% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 260.15 | +0.065% | $514K | $62K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.25 | +0.104% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 259.95 | −0.012% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 259.95 | −0.012% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0153% | 1h | 260.17 | +0.073% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.02 | +1.169% | $11K | $680 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0417% | 4h | 260.40 | +0.161% | $37K | $372K | 10x | as long as short |
Ondo Perps MRVL-USD.P
Aftermath Perps MRVLUSD
Nado MRVL-PERP
QFEX MRVL-USD
Lighter MRVL
Coinbase International MRVL-PERP-INTX
Extended MRVL-USD
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC