MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0555%/8h= +60.8% APRnext payment +$5.55 per $10,000 · paid last 24h −0.005%

Price spread now: OKX against Bitget+0.008%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$380.385% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.118%−$12 on $10k

Price spread, last 7 days−0.038%−$4 · spread now +0.008%, 7d avg −0.021%

Together, before fees−0.156%−$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and OKX is 0.029% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.021%. Mind the row above: over the last 7 days funding on this pair cost −0.118%, 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 -0.118% in total (about -6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.55 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	256.75	−0.0555	get 0.0555% / 8h	2h 50m	$5.5M	$16.5M	20x
Short	OKX MRVL-USDT-SWAP	256.77	0	get 0.0000% / 8h	2h 50m	$6.8M	$23.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.008%Rate

Funding earned: $116.55
Price spread: +0.008% → −0.021%: $2.92
Slippage, 4 orders: −$16.46
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: $81.01
Costs to cover: 0.385%
Break-even: 2.1 days

Slippage from Bitget: live order book, 3 min ago; OKX: 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 Bitget live order book, 3 min ago	1.36 bp	11.1 bp −$11	13.8 bp −$138	34.9 bp −$3,488	doesn't fit
Sell OKX live order book, 3 min ago	0.19 bp	8.8 bp −$9	18.8 bp −$188	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	−0.0555%	8h	256.75	long leg	$5.5M	$16.5M	20x
Aster MRVLUSDT	0.0000%	8h	256.68	−0.027%	$302K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.65	−0.038%	$49K	$267K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.76	+0.004%	$23.6M	$110.4M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.70	−0.019%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAPshort	0.0000%	8h	256.77	+0.008%	$6.8M	$23.1M	50x
Gate MRVL_USDT	0.0000%	8h	256.72	−0.012%	$5.4M	$8.3M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.60	−0.058%	$712K	$498K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.50	−0.097%	$780	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	256.71	−0.016%	$2K	$6.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	256.61	−0.055%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	256.37	−0.148%	$129K	$42K	50x	as long as short
BloFin MRVL-USDT	+0.0017%	8h	256.57	−0.070%	$367K	$177K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0022%	1h	256.12	−0.244%	$602	$48K	10x	as long as short
QFEX MRVL-USD	+0.0030%	1h	256.72	−0.012%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.72	−0.012%	$89K	$201K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.26	−0.191%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.90	+0.058%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.62	−0.051%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.54	−0.082%	$102K	$80K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.61	−0.055%	$562K	$751K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	256.63	−0.048%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	254.95	−0.701%	$322K	$632K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.48	−0.105%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.64	−0.043%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.58	−0.068%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0119%	8h	256.63	−0.047%	$507K	$62K	20x	as long as short
edgeX MRVLUSDC	+0.0145%	4h	256.44	−0.121%	$36K	$373K	10x	as long as short
Nado MRVL-PERP	+0.0155%	1h	256.76	+0.004%	$88K	$272K	10x	as long as short
Phoenix MRVL	+0.0157%	1h	256.41	−0.132%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+0.736%	$11K	$735	12x	as long as short
SoDEX MRVL-USD	+0.0365%	1h	256.48	−0.105%	$138	$15K	10x	as long as short