MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0110%/8h= −12.0% APRnext payment −$0.14 per $10,000 · paid last 24h +0.080%

Price spread now: Nado against Deribit−0.113%46s7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$620.616% of the position

Long on Deribit Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.378%+$38 on $10k

Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.113%, 7d avg −0.002%

Together, before fees+0.512%+ Points / potential airdropNado: Active · farm board+$51 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Nado is 0.111% cheaper against Deribit than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.002%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.378%, so the current rate has only just turned against you. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit MRVL_USDC-PERPETUAL	255.64	0	get 0.0000% / 1h	59m 20s	$22K	$145K	10x
Short	Nado MRVL-PERP	255.35	−0.0110	pay 0.0014% / 1h	59m 20s	$87K	$272K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.113%Rate

Funding earned: −$23.03
Price spread: −0.113% → −0.002%: −$11.12
Slippage, 4 orders: −$47.62
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$95.77
Costs to cover: 0.616%
Break-even: never at this rate

Slippage from Deribit: live order book, 44 min ago; Nado: live order book, 43 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, 44 min ago	5.11 bp	8.6 bp −$9	13.1 bp −$131	doesn't fit	doesn't fit
Sell Nado live order book, 43 min ago	5.11 bp	29.6 bp −$30	42.9 bp −$429	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
Bitget MRVLUSDT	−0.0625%	8h	255.53	−0.043%	$5.6M	$17.1M	20x	as long as short
Nado MRVL-PERPshort	−0.0110%	1h	255.35	−0.113%	$87K	$272K	10x
Aster MRVLUSDT	0.0000%	8h	255.49	−0.057%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.44	−0.078%	$48K	$286K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.50	−0.056%	$23.5M	$113.9M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.39	−0.098%	$5.0M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.57	−0.027%	$6.8M	$24.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.47	−0.066%	$5.2M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.52	−0.047%	$711K	$466K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.58	−0.024%	$401	$191K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	255.58	−0.023%	$2K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUALlong	0.0000%	1h	255.64	long leg	$22K	$145K	10x
HTX MRVL-USDT	0.0000%	8h	255.53	−0.043%	$131K	$47K	50x	as long as short
BloFin MRVL-USDT	+0.0008%	8h	255.56	−0.031%	$366K	$186K	50x	as long as short
tradeXYZ xyz:MRVL	+0.0012%	1h	255.34	−0.117%	$14.1M	$9.1M	10x	as long as short
Aftermath Perps MRVLUSD	+0.0015%	1h	255.45	−0.075%	$593	$46K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	255.26	−0.149%	$335K	$653K	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.44	−0.078%	$88K	$167K	10x	as long as short
QFEX MRVL-USD	+0.0034%	1h	255.40	−0.094%	$1.1M	$3.5M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.34	−0.117%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.77	+0.051%	—	$51K	25x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.12	−0.203%	$100K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.62	−0.008%	$204	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.30	−0.133%	$541K	$860K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.41	−0.089%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	255.55	−0.035%	$506K	$66K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.66	+0.008%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.53	−0.043%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.64	+0.002%	$18	—	10x	as long as short
Phoenix MRVL	+0.0156%	1h	255.63	−0.004%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	257.82	+0.853%	$11K	$853	12x	as long as short
edgeX MRVLUSDC	+0.0766%	4h	255.53	−0.041%	$36K	$375K	10x	as long as short