MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0090%/8h= +9.9% APRnext payment +$0.11 per $10,000 · paid last 24h +0.086%

Price spread now: Nado against Coinbase International+0.327%7-day average −0.077% · 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−$26as in the Price arb table

costs, in and out, $10k−$670.665% of the position

Long on Coinbase International Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.323%+$32 on $10k

Price spread, last 3 days (all we have)−0.437%−$44 · spread now +0.327%, 7d avg −0.077%

Together, before fees−0.114%+ Points / potential airdropNado: Active · farm board−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Nado is 0.404% dearer against Coinbase International than usual: you sell high and buy low: +$40 more if the spread goes back to its 7-day average of −0.077%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International MRVL-PERP-INTX	258.35	0.0064	pay 0.0008% / 1h	18m 35s	$319K	$767K	10x
Short	Nado MRVL-PERP	259.19	0.0154	get 0.0019% / 1h	18m 35s	$88K	$316K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.327%Rate

Funding earned: $19
Price spread: +0.327% → −0.077%: $40.37
Slippage, 4 orders: −$49.54
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$7.17
Costs to cover: 0.665%
Break-even: 9.6 days

Slippage from Coinbase International: live order book, 60 min ago; Nado: live order book, 59 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, 60 min ago	4.46 bp	9.6 bp −$10	16.6 bp −$166	doesn't fit	doesn't fit
Sell Nado live order book, 59 min ago	4.26 bp	27.9 bp −$28	41.3 bp −$413	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	259.19	+0.325%	$313K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	259.35	+0.387%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.40	+0.406%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	259.42	+0.414%	$5.7M	$9.8M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	259.48	+0.437%	$5.6M	$16.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	259.33	+0.379%	$722K	$764K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	259.36	+0.391%	$1K	$6.8M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.62	+0.492%	$131K	$59K	50x	as long as short
BloFin MRVL-USDT	+0.0014%	8h	259.36	+0.391%	$375K	$170K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	259.28	+0.359%	$880	$53K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MRVL	+0.0032%	1h	259.46	+0.430%	$96K	$213K	10x	as long as short
Extended MRVL-USD	+0.0032%	1h	259.43	+0.418%	$49K	$206K	10x	as long as short
Binance MRVLUSDT	+0.0036%	8h	259.48	+0.437%	$24.3M	$114.7M	50x	as long as short
QFEX MRVL-USD	+0.0038%	1h	259.39	+0.403%	$1.1M	$4.3M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.15	+0.310%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	259.68	+0.515%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.31	+0.372%	$14.6M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.37	+0.395%	$108K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.38	+0.399%	$150	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.20	+0.329%	$587K	$932K	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0056%	8h	259.37	+0.396%	$700	$224K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0062%	8h	259.35	+0.387%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTXlong	+0.0064%	1h	258.35	long leg	$319K	$767K	10x
KuCoin MRVLUSDTM	+0.0100%	8h	259.25	+0.348%	$514K	$68K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	259.18	+0.321%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.40	+0.406%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.38	+0.399%	$18	—	10x	as long as short
Nado MRVL-PERPshort	+0.0154%	1h	259.19	+0.327%	$88K	$316K	10x
Phoenix MRVL	+0.0217%	1h	259.48	+0.437%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.85	+1.355%	$11K	$629	12x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0290%	1h	259.42	+0.414%	$22K	$143K	10x	as long as short
edgeX MRVLUSDC	+0.0374%	4h	259.30	+0.369%	$36K	$369K	10x	as long as short