MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0214%/8h= +23.4% APRnext payment +$2.14 per $10,000 · paid last 24h +0.049%

Price spread now: BloFin against Bitget+0.047%7-day average −0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$370.373% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%$0 on $10k

Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.047%, 7d avg −0.025%

Together, before fees−0.093%−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.072% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.025%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.005% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.14 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	Bitget MRVLUSDT	254.28	−0.0240	get 0.0240% / 8h	7h 00m	$5.4M	$18.2M	20x
Short	BloFin MRVL-USDT	254.40	−0.0026	pay 0.0026% / 8h	7h 00m	$367K	$201K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now +0.047%Rate

Funding earned: $44.95
Price spread: +0.047% → −0.025%: $7.17
Slippage, 4 orders: −$13.31
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: $14.82
Costs to cover: 0.373%
Break-even: 4.7 days

Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 9 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 Bitget live order book, 3 min ago	1.38 bp	9.8 bp −$10	15.3 bp −$153	37.2 bp −$3,722	doesn't fit
Sell BloFin live order book, 9 min ago	0.20 bp	9.1 bp −$9	18.0 bp −$180	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
Bitget MRVLUSDTlong	−0.0240%	8h	254.28	long leg	$5.4M	$18.2M	20x
BloFin MRVL-USDTshort	−0.0026%	8h	254.40	+0.047%	$367K	$201K	50x
Aster MRVLUSDT	0.0000%	8h	254.39	+0.043%	$300K	$337K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	254.19	−0.036%	$46K	$298K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	254.28	0.000%	$23.3M	$118.6M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	254.23	−0.020%	$5.0M	$4.2M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	254.17	−0.043%	$6.8M	$25.2M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	254.39	+0.043%	$4.9M	$8.7M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	254.30	+0.009%	$711K	$460K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	254.50	+0.088%	$422	$182K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	254.61	+0.130%	$2K	$5.6M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	254.24	−0.016%	$131K	$48K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0021%	1h	254.18	−0.039%	$1K	$45K	10x	as long as short
QFEX MRVL-USD	+0.0022%	1h	254.53	+0.098%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	254.30	+0.008%	$88K	$164K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.22	−0.024%	$22K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	254.63	+0.138%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	254.23	−0.020%	$13.9M	$9.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	254.48	+0.079%	$99K	$76K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.24	−0.016%	$541K	$861K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	254.55	+0.105%	—	—	5x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0065%	1h	254.25	−0.012%	$22K	$145K	10x	as long as short
Nado MRVL-PERP	+0.0068%	1h	254.57	+0.114%	$87K	$276K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0072%	1h	254.59	+0.122%	$326K	$620K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	254.31	+0.012%	$502K	$153K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	254.18	−0.039%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	254.32	+0.016%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	254.34	+0.023%	$18	—	10x	as long as short
Phoenix MRVL	+0.0188%	1h	254.36	+0.031%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	256.63	+0.924%	$11K	$845	12x	as long as short
SoDEX MRVL-USD	+0.0299%	1h	254.31	+0.012%	$147	$15K	10x	as long as short
edgeX MRVLUSDC	+0.0917%	4h	254.41	+0.051%	$36K	$375K	10x	as long as short