MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.10 per $10,000 · paid last 24h −0.020%

Price spread now: ApeX Omni against Coinbase International+0.380%7-day average −0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$920.924% of the position

Long on Coinbase International Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.289%−$29 on $10k

Price spread, last 3 days (all we have)−0.517%−$52 · spread now +0.380%, 7d avg −0.049%

Together, before fees−0.807%−$81 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.428% dearer against Coinbase International than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of −0.049%. Mind the row above: over the last 7 days funding on this pair cost −0.289%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International MRVL-PERP-INTX	260.67	0.0024	pay 0.0003% / 1h	25m 31s	$335K	$775K	10x
Short	ApeX Omni MRVLUSDT	261.66	0.0100	get 0.0013% / 1h	25m 31s	$4K	$142K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Coinbase International. 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 Coinbase InternationalbpFee ApeX OmnibpOrdersPrice spread, now +0.380%Rate

Funding earned: $15.96
Price spread: +0.380% → −0.049%: $42.83
Slippage, 4 orders: −$72.4
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$33.61
Costs to cover: 0.924%
Break-even: 21.7 days

Slippage from Coinbase International: live order book, 48 min ago; ApeX Omni: live order book, 45 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 Coinbase International live order book, 48 min ago	0.19 bp	6.4 bp −$6	13.1 bp −$131	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 45 min ago	27.20 bp	38.4 bp −$38	201.1 bp −$2,011	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	261.48	+0.312%	$315K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	261.50	+0.318%	$5.2M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.49	+0.315%	$7.1M	$22.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.62	+0.364%	$5.6M	$9.5M	50x	as long as short
SunX MRVL-USDT	0.0000%	8h	262.05	+0.529%	$1K	$6.7M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	261.56	+0.341%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	261.68	+0.387%	$132K	$45K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	261.39	+0.276%	$943	$52K	10x	as long as short
BloFin MRVL-USDT	+0.0016%	8h	262.07	+0.537%	$376K	$171K	50x	as long as short
Coinbase International MRVL-PERP-INTXlong	+0.0024%	1h	260.67	long leg	$335K	$775K	10x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MRVL	+0.0026%	8h	261.63	+0.367%	$726K	$765K	—	as long as short
QFEX MRVL-USD	+0.0027%	1h	261.47	+0.307%	$1.1M	$4.2M	10x	as long as short
Lighter MRVL	+0.0032%	1h	261.55	+0.338%	$96K	$209K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	261.36	+0.265%	$26K	$28K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	262.04	+0.526%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	261.43	+0.292%	$14.9M	$9.0M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	261.52	+0.326%	$105K	$86K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	261.78	+0.426%	$575K	$946K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0054%	8h	261.61	+0.362%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0073%	1h	261.60	+0.356%	$89K	$319K	10x	as long as short
Extended MRVL-USD	+0.0080%	1h	261.52	+0.327%	$47K	$347K	10x	as long as short
Binance MRVLUSDT	+0.0082%	8h	261.48	+0.311%	$24.2M	$114.7M	50x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.54	+0.334%	$517K	$67K	20x	as long as short
ApeX Omni MRVLUSDTshort	+0.0100%	1h	261.66	+0.380%	$4K	$142K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	261.60	+0.357%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	261.67	+0.384%	$18	—	10x	as long as short
SoDEX MRVL-USD	+0.0124%	1h	261.67	+0.384%	$120	$15K	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0125%	8h	262.04	+0.527%	$231	$204K	10x	as long as short
edgeX MRVLUSDC	+0.0182%	4h	261.91	+0.474%	$37K	$368K	10x	as long as short
Bitget MRVLUSDT	+0.0193%	8h	261.47	+0.307%	$5.6M	$16.5M	20x	as long as short
Phoenix MRVL	+0.0216%	1h	261.89	+0.468%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.77	+1.189%	$11K	$658	12x	as long as short