MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.01 per $10,000 · paid last 24h +0.009%

Price spread now: Coinbase International against Deribit+0.169%7-day average +0.063% · 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−$24as in the Price arb table

costs, in and out, $10k−$340.343% of the position

Long on Deribit Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.155%+$15 on $10k

Price spread, last 3 days (all we have)−0.077%−$8 · spread now +0.169%, 7d avg +0.063%

Together, before fees+0.078%+$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.106% dearer against Deribit than usual: you sell high and buy low (spread +0.169% now, against its 7-day average of +0.063%): +$11 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 32 days. Mind the row above: over the last 5 days funding on this pair paid +0.155%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit MRVL_USDC-PERPETUAL	260.23	0.0019	pay 0.0002% / 1h	44m 53s	$23K	$143K	10x
Short	Coinbase International MRVL-PERP-INTX	260.67	0.0008	get 0.0001% / 1h	44m 53s	$335K	$655K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. 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 DeribitbpFee Coinbase InternationalbpOrdersPrice spread, now +0.169%Rate

Funding earned: −$2.32
Price spread: +0.169% → +0.063%: $10.58
Slippage, 4 orders: −$17.27
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$26.01
Costs to cover: 0.343%
Break-even: never at this rate

Slippage from Deribit: live order book, 23 min ago; Coinbase International: live order book, 23 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 Deribit live order book, 23 min ago	5.93 bp	9.4 bp −$9	11.5 bp −$115	doesn't fit	doesn't fit
Sell Coinbase International live order book, 23 min ago	0.19 bp	7.6 bp −$8	12.1 bp −$121	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	−0.0023%	8h	260.60	+0.142%	$378K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	260.43	+0.078%	$313K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.34	+0.042%	$5.1M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.43	+0.077%	$7.0M	$22.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.46	+0.088%	$5.6M	$8.6M	50x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.35	+0.046%	$1K	$6.5M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.63	+0.154%	$132K	$41K	50x	as long as short
Coinbase International MRVL-PERP-INTXshort	+0.0008%	1h	260.67	+0.169%	$335K	$655K	10x
Aftermath Perps MRVLUSD	+0.0012%	1h	260.46	+0.088%	$930	$51K	10x	as long as short
Deribit MRVL_USDC-PERPETUALlong	+0.0019%	1h	260.23	long leg	$23K	$143K	10x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX MRVL-USD	+0.0023%	1h	260.28	+0.019%	$1.1M	$3.9M	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.28	+0.019%	$95K	$205K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.26	+0.012%	$25K	$26K	5x	as long as short
Variational Omni MRVL	+0.0044%	8h	260.28	+0.021%	$722K	$654K	—	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.68	+0.173%	—	$43K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.35	+0.046%	$14.7M	$8.3M	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0050%	8h	260.66	+0.166%	$1K	$196K	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.29	+0.023%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.28	+0.019%	$83	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.15	−0.031%	$567K	$727K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	260.20	−0.013%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0067%	1h	260.20	−0.012%	$89K	$319K	10x	as long as short
Extended MRVL-USD	+0.0096%	1h	260.47	+0.093%	$47K	$350K	10x	as long as short
Binance MRVLUSDT	+0.0097%	8h	260.51	+0.107%	$24.2M	$111.3M	50x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.58	+0.134%	$515K	$64K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.40	+0.065%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.26	+0.012%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.26	+0.011%	$18	—	10x	as long as short
Bitget MRVLUSDT	+0.0138%	8h	260.39	+0.061%	$5.6M	$16.3M	20x	as long as short
Phoenix MRVL	+0.0153%	1h	260.69	+0.177%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.37	+1.207%	$11K	$675	12x	as long as short
edgeX MRVLUSDC	+0.0812%	4h	260.39	+0.060%	$37K	$371K	10x	as long as short