Funding you earn now, next payment 11:00 UTC−0.0794%/8h= −86.9% APRpaid last 24h −0.108%
Price spread now: Deribit against edgeX+0.169%7-day average −0.029% · 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−$21as in the Price arb table
costs, in and out, $10k−$410.411% of the position
Funding, last 5 days (all we have)+0.224%+$22 on $10k
+Price spread, last 4 days (all we have)−0.320%−$32 · spread now +0.169%, 7d avg −0.029%
=Together, before fees−0.096%+ Points / potential airdropedgeX: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.198% dearer against edgeX than usual: you sell high and buy low (spread +0.169% now, against its 7-day average of −0.029%): +$20 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 20 hours. Mind the row above: over the last 5 days funding on this pair paid +0.224%, 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 5 days it paid 0.224% in total (about 16.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MRVLUSDC | 256.24 | 0.0794 | pay 0.0397% / 4h | 1h 53m | $36K | $374K | 10x |
| Short | Deribit MRVL_USDC-PERPETUAL | 256.67 | 0 | get 0.0000% / 1h | 53m 04s | $22K | $145K | 10x |
edgeX MRVLUSDC
Deribit MRVL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$166.64
- Price spread: +0.169% → −0.029%
- $19.8
- Slippage, 4 orders
- −$25.13
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$187.97
- Costs to cover
- 0.411%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 58 min ago; Deribit: live order book, 58 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, 58 min ago | 5.51 bp | 10.3 bp −$10 | 14.4 bp −$144 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 58 min ago | 6.70 bp | 10.2 bp −$10 | 12.3 bp −$123 | doesn't fit | doesn't fit |
MRVL on 32 exchanges
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 | 256.52 | +0.109% | $303K | $339K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 256.64 | +0.156% | $46K | $300K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 256.66 | +0.165% | $23.5M | $119.9M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 256.57 | +0.130% | $4.9M | $4.2M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 256.68 | +0.173% | $7.0M | $26.0M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 256.81 | +0.224% | $5.0M | $8.6M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 256.73 | +0.193% | $5.5M | $19.1M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 256.22 | −0.007% | $712K | $215K | — | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 256.80 | +0.220% | $1K | $5.3M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUALshort | 0.0000% | 1h | 256.67 | +0.169% | $22K | $145K | 10x |
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
SunX MRVL-USDTShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRVL-USDT | 0.0000% | 8h | 256.67 | +0.169% | $132K | $48K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0004% | 8h | 256.74 | +0.197% | $377K | $214K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0016% | 1h | 256.12 | −0.044% | $1K | $42K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 256.61 | +0.146% | $104K | $178K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0033% | 1h | 256.63 | +0.154% | $11K | $823 | 12x | as long as short |
| QFEX MRVL-USD | +0.0034% | 1h | 256.65 | +0.161% | $1.1M | $3.5M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 256.20 | −0.014% | $22K | $23K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 256.90 | +0.259% | — | $46K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 256.58 | +0.134% | $14.1M | $9.4M | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 256.70 | +0.181% | $180 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 256.50 | +0.103% | $542K | $861K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0054% | 8h | 256.61 | +0.147% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0069% | 1h | 256.63 | +0.155% | $87K | $276K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 256.65 | +0.161% | $506K | $231K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 256.29 | +0.021% | $4K | $144K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 256.62 | +0.150% | $2K | $2K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 256.58 | +0.135% | $18 | — | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0136% | 1h | 256.09 | −0.057% | $317K | $445K | 10x | as long as short |
| Phoenix MRVL | +0.0187% | 1h | 256.33 | +0.037% | $11K | $13K | 10x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0220% | 8h | 256.41 | +0.068% | $213 | $180K | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0270% | 1h | 256.63 | +0.154% | $108K | $88K | 10x | as long as short |
| edgeX MRVLUSDClong | +0.0794% | 4h | 256.24 | long leg | $36K | $374K | 10x |
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
Injective MRVL/USDC PERP
QFEX MRVL-USD
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Nado MRVL-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Coinbase International MRVL-PERP-INTX
Phoenix MRVL
GRVT MRVL_USDT_Perp
Polymarket Perps MRVL-USD