MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.025%

Price spread now: Extended against Coinbase International+0.001%7-day average −0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$290.295% of the position

Long on Coinbase International Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.432%−$43 on $10k

Price spread, last 3 days (all we have)−0.037%−$4 · spread now +0.001%, 7d avg −0.058%

Together, before fees−0.469%+ Points / potential airdropExtended: Active · farm board−$47 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 Extended is 0.059% dearer against Coinbase International than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.058%. Mind the row above: over the last 7 days funding on this pair cost −0.432%, 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	32m 57s	$335K	$789K	10x
Short	Extended MRVL-USD	260.67	0.0072	get 0.0009% / 1h	32m 57s	$47K	$335K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.001%Rate

Funding earned: $10.08
Price spread: +0.001% → −0.058%: $5.9
Slippage, 4 orders: −$14.46
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$13.47
Costs to cover: 0.295%
Break-even: 16.4 days

Slippage from Coinbase International: live order book, 40 min ago; Extended: live order book, 39 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	6.4 bp −$6	13.1 bp −$131	doesn't fit	doesn't fit
Sell Extended live order book, 39 min ago	0.96 bp	7.0 bp −$7	47.2 bp −$472	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	−0.068%	$313K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.66	−0.004%	$5.1M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.81	+0.054%	$7.1M	$22.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.73	+0.023%	$5.6M	$9.5M	50x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.54	−0.050%	$1K	$6.7M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	260.50	−0.065%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.99	+0.123%	$132K	$51K	50x	as long as short
GRVT MRVL_USDT_Perp	+0.0007%	8h	260.63	−0.015%	$279	$206K	10x	as long as short
Aftermath Perps MRVLUSD	+0.0015%	1h	260.79	+0.047%	$886	$52K	10x	as long as short
Variational Omni MRVL	+0.0017%	8h	260.90	+0.090%	$724K	$764K	—	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MRVL-USDT	+0.0022%	8h	260.62	−0.019%	$375K	$169K	50x	as long as short
Coinbase International MRVL-PERP-INTXlong	+0.0024%	1h	260.67	long leg	$335K	$789K	10x
QFEX MRVL-USD	+0.0027%	1h	260.55	−0.046%	$1.1M	$4.2M	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.64	−0.012%	$95K	$209K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.56	−0.042%	$26K	$28K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.93	+0.100%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.53	−0.054%	$14.7M	$8.9M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.64	−0.012%	$105K	$86K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.93	+0.100%	$571K	$941K	10x	as long as short
Nado MRVL-PERP	+0.0053%	1h	260.52	−0.059%	$88K	$317K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0055%	8h	260.50	−0.065%	—	—	5x	as long as short
Binance MRVLUSDT	+0.0068%	8h	260.81	+0.054%	$24.2M	$114.7M	50x	as long as short
SoDEX MRVL-USD	+0.0069%	1h	260.54	−0.050%	$109	$14K	10x	as long as short
Extended MRVL-USDshort	+0.0072%	1h	260.67	+0.001%	$47K	$335K	10x
KuCoin MRVLUSDTM	+0.0100%	8h	260.81	+0.054%	$517K	$67K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	261.17	+0.192%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.54	−0.050%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.54	−0.049%	$18	—	10x	as long as short
Bitget MRVLUSDT	+0.0118%	8h	260.72	+0.019%	$5.6M	$16.5M	20x	as long as short
Phoenix MRVL	+0.0216%	1h	260.68	+0.004%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.77	+1.189%	$11K	$652	12x	as long as short
edgeX MRVLUSDC	+0.0705%	4h	260.73	+0.022%	$37K	$370K	10x	as long as short