MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.002%

Price spread now: Binance against BloFin+0.051%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$350.354% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.041%−$4 on $10k

Price spread, last 2 days (all we have)−0.055%−$5 · spread now +0.051%, 7d avg +0.002%

Together, before fees−0.096%−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Binance is 0.049% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MRVL-USDT	257.27	−0.0010	get 0.0010% / 8h	2h 00m	$377K	$172K	50x
Short	Binance MRVLUSDT	257.40	0	get 0.0000% / 8h	2h 00m	$24.1M	$115.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now +0.051%Rate

Funding earned: $2.02
Price spread: +0.051% → +0.002%: $4.86
Slippage, 4 orders: −$13.36
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$28.48
Costs to cover: 0.354%
Break-even: 105.6 days

Slippage from BloFin: live order book, 19 min ago; Binance: live order book, 12 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 BloFin live order book, 19 min ago	1.17 bp	9.3 bp −$9	17.8 bp −$178	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	0.39 bp	7.7 bp −$8	16.7 bp −$167	58.2 bp −$5,823	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
BloFin MRVL-USDTlong	−0.0010%	8h	257.27	long leg	$377K	$172K	50x
Aster MRVLUSDT	0.0000%	8h	257.27	−0.002%	$310K	$331K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	257.37	+0.040%	$44K	$190K	10x	as long as short
Binance MRVLUSDTshort	0.0000%	8h	257.40	+0.051%	$24.1M	$115.2M	50x
Bybit MRVLUSDT	0.0000%	8h	257.23	−0.016%	$5.1M	$4.2M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	257.30	+0.012%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	257.43	+0.062%	$5.5M	$10.0M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	257.31	+0.016%	$5.6M	$16.4M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	257.38	+0.042%	$710K	$760K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	257.34	+0.027%	$394	$249K	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	257.39	+0.047%	$1K	$7.0M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	257.27	0.000%	$130K	$81K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0015%	1h	257.26	−0.002%	$633	$54K	10x	as long as short
Lighter MRVL	+0.0032%	1h	257.41	+0.054%	$91K	$219K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	257.07	−0.078%	$25K	$30K	5x	as long as short
QFEX MRVL-USD	+0.0043%	1h	257.36	+0.035%	$1.1M	$4.2M	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	257.56	+0.113%	—	$41K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	257.22	−0.019%	$14.5M	$9.8M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	257.37	+0.039%	$257	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	257.23	−0.016%	$585K	$939K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0066%	8h	257.30	+0.011%	—	—	5x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0100%	1h	257.27	0.000%	$22K	$143K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	257.25	−0.008%	$509K	$72K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	257.15	−0.047%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	257.40	+0.051%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	257.37	+0.040%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0112%	1h	257.13	−0.054%	$317K	$890K	10x	as long as short
Polymarket Perps MRVL-USD	+0.0134%	1h	257.49	+0.086%	$106K	$64K	10x	as long as short
Phoenix MRVL	+0.0156%	1h	257.24	−0.012%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	259.72	+0.952%	$11K	$609	12x	as long as short
Nado MRVL-PERP	+0.0406%	1h	257.13	−0.056%	$509K	$66K	10x	as long as short
edgeX MRVLUSDC	+0.0879%	4h	257.39	+0.047%	$36K	$369K	10x	as long as short