MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.03 per $10,000 · paid last 24h +0.005%

Price spread now: BloFin against Bybit−0.140%62s7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as 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−$430.426% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.093%+$9 on $10k

Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.140%, 7d avg +0.023%

Together, before fees+0.221%+$22 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: BloFin is 0.163% cheaper against Bybit than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.023%. The two prices were read 62 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	Bybit MRVLUSDT	250.71	0	get 0.0000% / 8h	7h 28m	$4.9M	$4.1M	50x
Short	BloFin MRVL-USDT	250.36	−0.0003	pay 0.0003% / 8h	7h 28m	$364K	$192K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.140%Rate

Funding earned: −$0.53
Price spread: −0.140% → +0.023%: −$16.27
Slippage, 4 orders: −$19.62
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$59.43
Costs to cover: 0.426%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 47 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, 5 min ago	1.20 bp	13.7 bp −$14	29.2 bp −$292	doesn't fit	doesn't fit
Sell BloFin live order book, 47 min ago	0.59 bp	8.7 bp −$9	13.2 bp −$132	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 MRVLUSDT	−0.0387%	8h	250.72	+0.004%	$5.4M	$17.8M	20x	as long as short
BloFin MRVL-USDTshort	−0.0003%	8h	250.36	−0.140%	$364K	$192K	50x
Aster MRVLUSDT	0.0000%	8h	250.72	+0.003%	$296K	$336K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	250.72	+0.005%	$46K	$300K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	250.82	+0.044%	$23.2M	$117.1M	50x	as long as short
Bybit MRVLUSDTlong	0.0000%	8h	250.71	long leg	$4.9M	$4.1M	50x
OKX MRVL-USDT-SWAP	0.0000%	8h	250.80	+0.036%	$6.7M	$24.4M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	250.71	0.000%	$4.9M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	251.03	+0.129%	$702K	$457K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	250.88	+0.068%	$707	$182K	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	250.76	+0.020%	$1K	$5.7M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	250.67	−0.016%	$22K	$145K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	250.91	+0.080%	$129K	$48K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	251.24	+0.210%	$1K	$45K	10x	as long as short
QFEX MRVL-USD	+0.0022%	1h	250.45	−0.104%	$1.1M	$3.5M	10x	as long as short
edgeX MRVLUSDC	+0.0023%	4h	250.80	+0.035%	$36K	$376K	10x	as long as short
Lighter MRVL	+0.0032%	1h	250.70	−0.004%	$87K	$164K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	250.43	−0.112%	$21K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	250.74	+0.012%	—	$51K	25x	as long as short
Paradex MRVL-USD-PERP	+0.0049%	8h	250.31	−0.160%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0050%	1h	250.50	−0.082%	$85K	$276K	10x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	250.64	−0.028%	$13.8M	$9.2M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	250.40	−0.124%	$98K	$76K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	250.36	−0.140%	$145	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	250.34	−0.148%	$535K	$840K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0072%	1h	250.10	−0.243%	$318K	$673K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	250.71	0.000%	$496K	$118K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	250.76	+0.020%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	250.64	−0.028%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	250.72	+0.004%	$18	—	10x	as long as short
Phoenix MRVL	+0.0188%	1h	250.81	+0.040%	$10K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	256.63	+2.361%	$11K	$845	12x	as long as short