MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0006%/8h= −0.6% APRnext payment −$0.06 per $10,000 · paid last 24h −0.030%

Price spread now: Bybit against BloFin−0.008%82s7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$430.428% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.086%−$9 on $10k

Price spread, last 3 days (all we have)−0.013%−$1 · spread now −0.008%, 7d avg −0.028%

Together, before fees−0.099%−$10 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.020% dearer against BloFin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.028%. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MRVL-USDT	259.31	0.0006	pay 0.0006% / 8h	23m 52s	$376K	$170K	50x
Short	Bybit MRVLUSDT	259.29	0	get 0.0000% / 8h	23m 52s	$5.1M	$4.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.008%Rate

Funding earned: −$1.19
Price spread: −0.008% → −0.028%: $2.04
Slippage, 4 orders: −$19.77
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$41.93
Costs to cover: 0.428%
Break-even: never at this rate

Slippage from BloFin: live order book, 51 min ago; Bybit: 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 BloFin live order book, 51 min ago	0.19 bp	7.5 bp −$8	11.0 bp −$110	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.35 bp	11.8 bp −$12	25.0 bp −$250	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	259.17	−0.052%	$313K	$328K	50x	as long as short
Bybit MRVLUSDTshort	0.0000%	8h	259.29	−0.008%	$5.1M	$4.1M	50x
OKX MRVL-USDT-SWAP	0.0000%	8h	259.37	+0.023%	$7.1M	$22.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	259.34	+0.012%	$5.7M	$9.8M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	259.39	+0.031%	$5.6M	$16.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	259.30	−0.006%	$722K	$764K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	259.37	+0.023%	$1K	$6.8M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.34	+0.012%	$131K	$59K	50x	as long as short
BloFin MRVL-USDTlong	+0.0006%	8h	259.31	long leg	$376K	$170K	50x
Aftermath Perps MRVLUSD	+0.0018%	1h	259.29	−0.006%	$881	$53K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended MRVL-USD	+0.0024%	1h	259.34	+0.012%	$49K	$206K	10x	as long as short
Binance MRVLUSDT	+0.0025%	8h	259.39	+0.030%	$24.3M	$114.6M	50x	as long as short
Lighter MRVL	+0.0032%	1h	259.42	+0.042%	$96K	$213K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	259.39	+0.031%	$1.1M	$4.3M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.09	−0.085%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	259.74	+0.166%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.25	−0.023%	$14.6M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.40	+0.035%	$108K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.33	+0.008%	$176	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.23	−0.031%	$587K	$932K	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0055%	8h	259.31	0.000%	$708	$226K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0059%	1h	259.33	+0.008%	$22K	$143K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0064%	8h	259.31	0.000%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	258.35	−0.370%	$319K	$767K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	259.23	−0.031%	$514K	$68K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	259.18	−0.050%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.35	+0.015%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.34	+0.012%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0162%	1h	259.27	−0.014%	$88K	$316K	10x	as long as short
Phoenix MRVL	+0.0217%	1h	259.34	+0.012%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.85	+0.980%	$11K	$629	12x	as long as short
edgeX MRVLUSDC	+0.0504%	4h	259.37	+0.023%	$36K	$367K	10x	as long as short