Funding you earn now, next payment 08:00 UTC+0.0927%/8h= +101.5% APRnext payment +$9.27 per $10,000 · paid last 24h −0.005%
Price spread now: Gate against Bitget−0.063%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$710.707% of the position
Funding, last 7 days−0.397%−$40 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now −0.063%, 7d avg −0.025%
=Funding pays, the price is against you. Gate is 0.037% cheaper against Bitget than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of −0.025%). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$28 a day). Mind the row above: over the last 7 days funding on this pair cost −0.397%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.397% in total (about -20.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.27 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 | 254.95 | −0.0927 | get 0.0927% / 8h | 2h 19m | $5.5M | $16.8M | 20x |
| Short | Gate MRVL_USDT | 254.79 | 0 | get 0.0000% / 8h | 2h 19m | $5.2M | $8.5M | 50x |
Bitget MRVLUSDT
Gate MRVL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $194.67
- Price spread: −0.063% → −0.025%
- −$3.74
- Slippage, 4 orders
- −$43.67
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $120.25
- Costs to cover
- 0.707%
- Break-even
- 2.7 days
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 4 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, 5 min ago | 1.77 bp | 10.7 bp −$11 | 13.9 bp −$139 | 29.6 bp −$2,964 | doesn't fit |
| Sell Gate live order book, 4 min ago | 3.15 bp | 27.7 bp −$28 | 39.9 bp −$399 | 51.0 bp −$5,100 | 85.9 bp −$42.9K |
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 | −0.0927% | 8h | 254.95 | long leg | $5.5M | $16.8M | 20x | |
| Aster MRVLUSDT | 0.0000% | 8h | 254.89 | −0.025% | $300K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 254.80 | −0.059% | $46K | $270K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 254.86 | −0.036% | $23.5M | $111.8M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 254.76 | −0.075% | $5.0M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 254.90 | −0.020% | $6.8M | $23.5M | 50x | as long as short |
| Gate MRVL_USDTshort | 0.0000% | 8h | 254.79 | −0.063% | $5.2M | $8.5M | 50x | |
| Variational Omni MRVL | 0.0000% | 8h | 254.28 | −0.263% | $706K | $488K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 253.84 | −0.436% | $546 | $191K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 254.88 | −0.027% | $2K | $6.0M | 10x | as long as short |
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRVL-USDT | 0.0000% | 8h | 254.55 | −0.157% | $128K | $43K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0017% | 1h | 254.14 | −0.318% | $700 | $48K | 10x | as long as short |
| BloFin MRVL-USDT | +0.0024% | 8h | 254.82 | −0.051% | $366K | $180K | 50x | as long as short |
| QFEX MRVL-USD | +0.0030% | 1h | 255.01 | +0.024% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 254.80 | −0.059% | $88K | $202K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 254.13 | −0.322% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.08 | +0.051% | — | $50K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 254.65 | −0.118% | $14.0M | $8.8M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 254.82 | −0.051% | $101K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 254.77 | −0.071% | $168 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 254.27 | −0.267% | $558K | $744K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0053% | 8h | 254.82 | −0.051% | — | — | 5x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0064% | 1h | 254.83 | −0.047% | $22K | $144K | 10x | as long as short |
| Nado MRVL-PERP | +0.0089% | 1h | 254.80 | −0.057% | $87K | $272K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0096% | 1h | 253.60 | −0.530% | $318K | $634K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 254.78 | −0.067% | $503K | $63K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 253.84 | −0.435% | $4K | $139K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 254.86 | −0.035% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 254.83 | −0.046% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0157% | 1h | 254.06 | −0.349% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.64 | +1.447% | $11K | $735 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0527% | 4h | 254.28 | −0.262% | $36K | $374K | 10x | as long as short |
HTX MRVL-USDT
Aftermath Perps MRVLUSD
BloFin MRVL-USDT
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Deribit MRVL_USDC-PERPETUAL
Nado MRVL-PERP
Coinbase International MRVL-PERP-INTX
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC