Funding you earn now, next payment 08:00 UTC−0.0642%/8h= −70.3% APRpaid last 24h −0.104%
Price spread now: Coinbase International against edgeX−0.389%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$470.470% of the position
Funding, last 7 days+0.278%+$28 on $10k
+Price spread, last 4 days (all we have)+0.192%+$19 · spread now −0.389%, 7d avg +0.011%
=Together, before fees+0.470%+ Points / potential airdropedgeX: Active · farm board+$47 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Coinbase International is 0.400% cheaper against edgeX than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of +0.011%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.278%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.278% in total (about 14.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MRVLUSDC | 252.22 | 0.0714 | pay 0.0357% / 4h | 3h 32m | $36K | $375K | 10x |
| Short | Coinbase International MRVL-PERP-INTX | 251.24 | 0.0072 | get 0.0009% / 1h | 32m 35s | $320K | $660K | 10x |
edgeX MRVLUSDC
Coinbase International MRVL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against edgeX. 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
- −$134.89
- Price spread: −0.389% → +0.011%
- −$39.98
- Slippage, 4 orders
- −$27.99
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$221.86
- Costs to cover
- 0.470%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 66 min ago; Coinbase International: live order book, 1 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 edgeX live order book, 66 min ago | 5.48 bp | 10.3 bp −$10 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 8.16 bp | 13.2 bp −$13 | 17.3 bp −$173 | 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 | −0.0397% | 8h | 251.29 | −0.369% | $5.4M | $17.8M | 20x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 251.39 | −0.330% | $296K | $336K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 251.30 | −0.364% | $46K | $300K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 251.21 | −0.402% | $23.2M | $116.4M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 250.99 | −0.488% | $4.9M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 251.07 | −0.457% | $6.7M | $24.1M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 251.26 | −0.381% | $4.9M | $8.5M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 252.28 | +0.024% | $707K | $457K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 252.29 | +0.027% | $278 | $182K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 251.60 | −0.247% | $1K | $5.7M | 10x | as long as short |
Bitget MRVLUSDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 251.28 | −0.373% | $22K | $145K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 251.82 | −0.159% | $130K | $48K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0006% | 8h | 251.48 | −0.294% | $363K | $192K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0020% | 1h | 252.52 | +0.118% | $1K | $46K | 10x | as long as short |
| QFEX MRVL-USD | +0.0022% | 1h | 251.13 | −0.433% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 251.24 | −0.389% | $87K | $164K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 251.19 | −0.409% | $22K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 251.67 | −0.219% | — | $51K | 25x | as long as short |
| Paradex MRVL-USD-PERP | +0.0049% | 8h | 251.22 | −0.397% | — | — | 5x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 251.12 | −0.437% | $13.8M | $9.2M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 251.32 | −0.358% | $98K | $76K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 251.49 | −0.290% | $116 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 251.04 | −0.469% | $536K | $841K | 10x | as long as short |
| Nado MRVL-PERP | +0.0054% | 1h | 250.93 | −0.510% | $85K | $276K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTXshort | +0.0072% | 1h | 251.24 | −0.389% | $320K | $660K | 10x | |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 251.40 | −0.326% | $497K | $114K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 252.94 | +0.285% | $4K | $144K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 251.44 | −0.310% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 251.68 | −0.215% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0188% | 1h | 253.01 | +0.313% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 256.63 | +1.748% | $11K | $845 | 12x | as long as short |
| edgeX MRVLUSDClong | +0.0714% | 4h | 252.22 | long leg | $36K | $375K | 10x |
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
Paradex MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Nado MRVL-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP