MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0027%/8h= +2.9% APRnext payment +$0.03 per $10,000 · paid last 24h −0.020%

Price spread now: Deribit against Coinbase International+0.070%7-day average −0.076% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$370.372% of the position

Long on Coinbase International Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.156%−$16 on $10k

Price spread, last 3 days (all we have)−0.179%−$18 · spread now +0.070%, 7d avg −0.076%

Together, before fees−0.335%−$34 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Deribit is 0.146% dearer against Coinbase International than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.076%. Mind the row above: over the last 5 days funding on this pair cost −0.156%, 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	257.13	0.0112	pay 0.0014% / 1h	5m 36s	$317K	$890K	10x
Short	Deribit MRVL_USDC-PERPETUAL	257.31	0.0139	get 0.0017% / 1h	5m 36s	$22K	$143K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.070%Rate

Funding earned: $5.63
Price spread: +0.070% → −0.076%: $14.61
Slippage, 4 orders: −$20.2
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$16.96
Costs to cover: 0.372%
Break-even: 28.1 days

Slippage from Coinbase International: live order book, 18 min ago; Deribit: live order book, 18 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, 18 min ago	3.11 bp	8.1 bp −$8	12.6 bp −$126	doesn't fit	doesn't fit
Sell Deribit live order book, 18 min ago	6.22 bp	10.5 bp −$11	13.8 bp −$138	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
BloFin MRVL-USDT	−0.0008%	8h	257.27	+0.054%	$376K	$172K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	257.28	+0.060%	$310K	$331K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	257.38	+0.096%	$44K	$190K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	257.36	+0.089%	$24.1M	$115.2M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	257.24	+0.043%	$5.1M	$4.2M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	257.27	+0.054%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	257.45	+0.124%	$5.5M	$10.0M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	257.33	+0.078%	$5.6M	$16.4M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	257.17	+0.017%	$710K	$760K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	257.34	+0.082%	$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	257.37	+0.093%	$1K	$7.0M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	257.25	+0.047%	$130K	$81K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	257.20	+0.025%	$655	$54K	10x	as long as short
Lighter MRVL	+0.0032%	1h	257.46	+0.128%	$91K	$219K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	257.07	−0.023%	$25K	$30K	5x	as long as short
QFEX MRVL-USD	+0.0043%	1h	257.34	+0.082%	$1.1M	$4.2M	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	257.51	+0.148%	—	$41K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	257.27	+0.054%	$14.5M	$9.8M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	257.36	+0.089%	$263	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	257.19	+0.023%	$585K	$939K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0062%	8h	257.26	+0.049%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	257.18	+0.019%	$509K	$72K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	257.10	−0.012%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	257.39	+0.101%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	257.35	+0.087%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTXlong	+0.0112%	1h	257.13	long leg	$317K	$890K	10x
Polymarket Perps MRVL-USD	+0.0125%	1h	257.46	+0.128%	$106K	$64K	10x	as long as short
Deribit MRVL_USDC-PERPETUALshort	+0.0139%	1h	257.31	+0.070%	$22K	$143K	10x
Phoenix MRVL	+0.0156%	1h	257.24	+0.043%	$11K	$12K	10x	as long as short
edgeX MRVLUSDC	+0.0197%	4h	257.36	+0.088%	$36K	$367K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	259.72	+1.007%	$11K	$609	12x	as long as short
Nado MRVL-PERP	+0.0409%	1h	257.16	+0.010%	$509K	$66K	10x	as long as short