MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.70 per $10,000 · paid last 24h +0.010%

Price spread now: Binance against Bybit+0.040%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$370.368% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 2 days (all we have)+0.050%+$5 · spread now +0.040%, 7d avg +0.056%

Together, before fees+0.101%+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MRVLUSDT	260.90	0	get 0.0000% / 8h	7h 36m	$5.1M	$4.0M	50x
Short	Binance MRVLUSDT	261.01	0.0070	get 0.0070% / 8h	7h 36m	$24.2M	$114.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now +0.040%Rate

Funding earned: $14.71
Price spread: +0.040% → +0.056%: −$1.55
Slippage, 4 orders: −$15.79
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$23.63
Costs to cover: 0.368%
Break-even: 18.2 days

Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 7 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 Bybit live order book, 1 min ago	0.77 bp	11.4 bp −$11	22.7 bp −$227	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	0.19 bp	7.1 bp −$7	14.3 bp −$143	56.1 bp −$5,610	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-USDT	−0.0023%	8h	261.16	+0.100%	$376K	$170K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	260.82	−0.032%	$315K	$328K	50x	as long as short
Bybit MRVLUSDTlong	0.0000%	8h	260.90	long leg	$5.1M	$4.0M	50x
OKX MRVL-USDT-SWAP	0.0000%	8h	260.91	+0.004%	$7.1M	$22.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.96	+0.023%	$5.6M	$9.5M	50x	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	261.24	+0.129%	$280	$206K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.78	−0.046%	$1K	$6.7M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	260.87	−0.011%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.91	+0.004%	$132K	$51K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	261.01	+0.044%	$946	$52K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MRVL	+0.0017%	8h	260.90	+0.002%	$724K	$764K	—	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	260.67	−0.088%	$335K	$790K	10x	as long as short
QFEX MRVL-USD	+0.0027%	1h	260.96	+0.023%	$1.1M	$4.3M	10x	as long as short
Lighter MRVL	+0.0032%	1h	261.03	+0.050%	$96K	$209K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.86	−0.015%	$26K	$28K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.35	+0.172%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.83	−0.027%	$14.7M	$8.9M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.96	+0.023%	$105K	$86K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.82	−0.031%	$571K	$952K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0055%	8h	260.97	+0.026%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0060%	1h	260.99	+0.036%	$88K	$316K	10x	as long as short
Binance MRVLUSDTshort	+0.0070%	8h	261.01	+0.040%	$24.2M	$114.8M	50x
Extended MRVL-USD	+0.0072%	1h	260.88	−0.010%	$48K	$319K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.05	+0.057%	$517K	$67K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.91	+0.004%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.95	+0.019%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.91	+0.003%	$18	—	10x	as long as short
Bitget MRVLUSDT	+0.0118%	8h	260.96	+0.023%	$5.6M	$16.5M	20x	as long as short
SoDEX MRVL-USD	+0.0156%	1h	260.89	−0.004%	$110	$15K	10x	as long as short
Phoenix MRVL	+0.0216%	1h	261.01	+0.042%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	264.01	+1.192%	$11K	$644	12x	as long as short
edgeX MRVLUSDC	+0.0429%	4h	261.17	+0.105%	$37K	$369K	10x	as long as short