Funding you earn now, next payment 01:00 UTC−0.0042%/8h= −4.5% APRpaid last 24h +0.002%
Price spread now: QFEX against Binance−0.019%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$270.274% of the position
Funding, last 3 days (all we have)−0.024%−$2 on $10k
+Price spread, last 2 days (all we have)−0.035%−$3 · spread now −0.019%, 7d avg −0.021%
=The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MRVLUSDT | 261.25 | 0.0069 | pay 0.0069% / 8h | 7h 31m | $24.2M | $114.7M | 50x |
| Short | QFEX MRVL-USD | 261.20 | 0.0027 | get 0.0003% / 1h | 31m 20s | $1.1M | $4.2M | 10x |
Binance MRVLUSDT
QFEX MRVL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$8.72
- Price spread: −0.019% → −0.021%
- $0.17
- Slippage, 4 orders
- −$7.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$36
- Costs to cover
- 0.274%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; QFEX: live order book, 7 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, 12 min ago | 0.19 bp | 7.3 bp −$7 | 13.3 bp −$133 | 51.4 bp −$5,137 | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.53 bp | 6.5 bp −$7 | 7.9 bp −$79 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRVLUSDT | 0.0000% | 8h | 261.09 | −0.060% | $314K | $328K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 261.15 | −0.038% | $5.1M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 261.21 | −0.015% | $7.1M | $22.7M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 261.18 | −0.027% | $5.6M | $9.5M | 50x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 261.28 | +0.011% | $1K | $6.7M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 261.19 | −0.023% | $23K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 261.03 | −0.084% | $132K | $51K | 50x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0007% | 8h | 260.63 | −0.237% | $279 | $206K | 10x | as long as short |
| Aftermath Perps MRVLUSD | +0.0014% | 1h | 260.85 | −0.153% | $886 | $52K | 10x | as long as short |
| Variational Omni MRVL | +0.0015% | 8h | 261.26 | +0.006% | $725K | $766K | — | as long as short |
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
GRVT MRVL_USDT_Perp
Aftermath Perps MRVLUSD
Variational Omni MRVLShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MRVL-PERP-INTX | +0.0024% | 1h | 260.67 | −0.222% | $335K | $789K | 10x | as long as short |
| QFEX MRVL-USDshort | +0.0027% | 1h | 261.20 | −0.019% | $1.1M | $4.2M | 10x | |
| BloFin MRVL-USDT | +0.0029% | 8h | 261.19 | −0.023% | $376K | $170K | 50x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 261.28 | +0.011% | $96K | $209K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.64 | −0.233% | $26K | $28K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 261.53 | +0.107% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 261.17 | −0.031% | $14.7M | $8.9M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 261.28 | +0.011% | $105K | $86K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.93 | −0.122% | $570K | $941K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0054% | 8h | 261.18 | −0.025% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0055% | 1h | 261.13 | −0.045% | $88K | $317K | 10x | as long as short |
| Binance MRVLUSDTlong | +0.0069% | 8h | 261.25 | long leg | $24.2M | $114.7M | 50x | |
| Extended MRVL-USD | +0.0072% | 1h | 261.24 | −0.006% | $52K | $342K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0089% | 1h | 261.18 | −0.027% | $110 | $15K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 261.13 | −0.046% | $517K | $67K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.61 | −0.245% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 261.17 | −0.031% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 261.17 | −0.029% | $18 | — | 10x | as long as short |
| Bitget MRVLUSDT | +0.0123% | 8h | 261.25 | 0.000% | $5.6M | $16.5M | 20x | as long as short |
| Phoenix MRVL | +0.0216% | 1h | 260.68 | −0.218% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.77 | +0.965% | $11K | $658 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0705% | 4h | 260.73 | −0.200% | $37K | $370K | 10x | as long as short |
Coinbase International MRVL-PERP-INTX
BloFin MRVL-USDT
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Nado MRVL-PERP
Extended MRVL-USD
SoDEX MRVL-USD
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Bitget MRVLUSDT
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC