Funding you earn now, next payment 00:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h −0.036%
Price spread now: tradeXYZ against Coinbase International+0.150%7-day average −0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$380.378% of the position
Funding, last 7 days−0.384%−$38 on $10k
+Price spread, last 3 days (all we have)−0.199%−$20 · spread now +0.150%, 7d avg −0.101%
=Together, before fees−0.584%+ Points / potential airdroptradeXYZ: Active · farm board−$58 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 tradeXYZ is 0.250% dearer against Coinbase International than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.101%. Mind the row above: over the last 7 days funding on this pair cost −0.384%, 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 | 22m 14s | $335K | $763K | 10x |
| Short | tradeXYZ xyz:MRVL | 261.06 | 0.0050 | get 0.0006% / 1h | 22m 14s | $14.8M | $8.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $5.46
- Price spread: +0.150% → −0.101%
- $25.04
- Slippage, 4 orders
- −$9.83
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$7.33
- Costs to cover
- 0.378%
- Break-even
- 16.4 days
Slippage from Coinbase International: live order book, 51 min ago; tradeXYZ: live order book, 7 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, 51 min ago | 0.19 bp | 6.4 bp −$6 | 13.1 bp −$131 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 0.96 bp | 12.4 bp −$12 | 15.3 bp −$153 | 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 | −0.0006% | 8h | 261.17 | +0.192% | $376K | $170K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 261.03 | +0.137% | $314K | $328K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 261.14 | +0.180% | $5.1M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 261.22 | +0.211% | $7.1M | $22.7M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 261.22 | +0.211% | $5.6M | $9.5M | 50x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 261.33 | +0.253% | $1K | $6.6M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 261.14 | +0.180% | $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 | +0.0013% | 1h | 261.24 | +0.219% | $942 | $52K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTXlong | +0.0024% | 1h | 260.67 | long leg | $335K | $763K | 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 | 261.17 | +0.192% | $1.1M | $4.2M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 261.20 | +0.203% | $96K | $209K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 261.11 | +0.169% | $26K | $28K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 261.63 | +0.368% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:MRVLshort | +0.0050% | 1h | 261.06 | +0.150% | $14.8M | $8.8M | 10x | |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 261.28 | +0.234% | $105K | $83K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 261.17 | +0.192% | $104 | $15K | 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 | 261.26 | +0.227% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0075% | 1h | 261.23 | +0.214% | $89K | $320K | 10x | as long as short |
| Extended MRVL-USD | +0.0080% | 1h | 261.17 | +0.192% | $47K | $347K | 10x | as long as short |
| Binance MRVLUSDT | +0.0081% | 8h | 261.23 | +0.215% | $24.3M | $114.7M | 50x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 261.44 | +0.295% | $518K | $67K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 261.66 | +0.380% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 261.11 | +0.169% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 261.16 | +0.188% | $18 | — | 10x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0114% | 8h | 261.56 | +0.341% | $230 | $204K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0165% | 4h | 261.53 | +0.329% | $37K | $369K | 10x | as long as short |
| Bitget MRVLUSDT | +0.0204% | 8h | 261.24 | +0.219% | $5.5M | $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 | 264.15 | +1.335% | $11K | $661 | 12x | as long as short |
Coinbase International MRVL-PERP-INTX
tradeXYZ xyz:MRVL
BloFin MRVL-USDT
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
Variational Omni MRVL
Lighter MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
Extended MRVL-USD
Binance MRVLUSDT
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
GRVT MRVL_USDT_Perp
edgeX MRVLUSDC
Bitget MRVLUSDT
Phoenix MRVL
Injective MRVL/USDC PERP