Funding you earn now, next payment 03:00 UTC+0.0601%/8h= +65.8% APRpaid last 24h −0.013%
Price spread now: edgeX against Coinbase International+0.274%77s7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as 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−$380.384% of the position
Funding, last 7 days−0.287%−$29 on $10k
+Price spread, last 4 days (all we have)−0.232%−$23 · spread now +0.274%, 7d avg −0.028%
=Together, before fees−0.519%+ Points / potential airdropedgeX: Active · farm board−$52 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and edgeX is 0.302% dearer against Coinbase International than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of −0.028%. Mind the row above: over the last 7 days funding on this pair cost −0.287%, so the current rate has only just turned in your favour. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.287% in total (about -15.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MRVL-PERP-INTX | 259.84 | 0.0064 | pay 0.0008% / 1h | 18m 00s | $334K | $628K | 10x |
| Short | edgeX MRVLUSDC | 260.55 | 0.0665 | get 0.0333% / 4h | 18m 00s | $37K | $371K | 10x |
Coinbase International MRVL-PERP-INTX
edgeX MRVLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $126.26
- Price spread: +0.274% → −0.028%
- $30.22
- Slippage, 4 orders
- −$19.37
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $118.11
- Costs to cover
- 0.384%
- Break-even
- 0.5 days
Slippage from Coinbase International: live order book, 40 min ago; edgeX: live order book, 40 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, 40 min ago | 0.19 bp | 10.0 bp −$10 | 14.0 bp −$140 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 40 min ago | 5.36 bp | 10.1 bp −$10 | 14.7 bp −$147 | 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 | 260.49 | +0.250% | $313K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 260.33 | +0.189% | $47K | $345K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 260.42 | +0.222% | $24.2M | $107.7M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.30 | +0.177% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.31 | +0.181% | $7.0M | $22.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.39 | +0.212% | $5.6M | $8.1M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.39 | +0.212% | $5.6M | $16.0M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 260.79 | +0.364% | $718K | $635K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 260.74 | +0.345% | $662 | $189K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.38 | +0.208% | $1K | $6.1M | 10x | as long as short |
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 260.34 | +0.192% | $23K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.76 | +0.354% | $131K | $42K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0001% | 8h | 260.39 | +0.212% | $375K | $172K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0020% | 1h | 260.37 | +0.204% | $604 | $49K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 260.40 | +0.216% | $94K | $200K | 10x | as long as short |
| QFEX MRVL-USD | +0.0038% | 1h | 260.42 | +0.223% | $1.1M | $3.6M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.34 | +0.192% | $26K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 260.85 | +0.389% | — | $49K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 260.22 | +0.146% | $14.6M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.22 | +0.146% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.35 | +0.196% | $120 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.66 | +0.316% | $576K | $680K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0055% | 8h | 260.39 | +0.211% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTXlong | +0.0064% | 1h | 259.84 | long leg | $334K | $628K | 10x | |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 260.55 | +0.273% | $514K | $60K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.76 | +0.354% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.41 | +0.219% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.36 | +0.201% | $18 | — | 10x | as long as short |
| Nado MRVL-PERP | +0.0131% | 1h | 260.35 | +0.196% | $89K | $272K | 10x | as long as short |
| Phoenix MRVL | +0.0153% | 1h | 260.75 | +0.350% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.30 | +1.332% | $11K | $705 | 12x | as long as short |
| edgeX MRVLUSDCshort | +0.0665% | 4h | 260.55 | +0.274% | $37K | $371K | 10x |
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
QFEX MRVL-USD
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Nado MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP