Funding you earn now, next payment 08:00 UTC−0.0334%/8h= −36.6% APRpaid last 24h −0.054%
Price spread now: SunX against edgeX+0.083%74s7-day average +0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.183%−$18 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.083%, 7d avg +0.003%
=Together, before fees−0.282%+ Points / potential airdropedgeX: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.079% dearer against edgeX than usual: you sell high and buy low (spread +0.083% now, against its 7-day average of +0.003%): +$8 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.183% in total) that is about 3.0 days. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.183% in total (about -9.5% 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 | 255.16 | 0.0334 | pay 0.0167% / 4h | 11m 59s | $36K | $376K | 10x |
| Short | SunX MRVL-USDT | 255.37 | 0 | get 0.0000% / 8h | 11m 59s | $1K | $5.9M | 10x |
edgeX MRVLUSDC
SunX MRVL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$70.1
- Price spread: +0.083% → +0.003%
- $7.93
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$79.17
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 26 min ago; SunX: live order book, 7 min ago. Net counts fees only.
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, 26 min ago | 5.48 bp | 10.3 bp −$10 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell SunX live order book, 7 min ago | 44.89 bp | doesn't fit | doesn't fit | 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 | −0.0524% | 8h | 255.37 | +0.083% | $5.5M | $17.2M | 20x | as long as short |
| BloFin MRVL-USDT | −0.0009% | 8h | 255.41 | +0.098% | $366K | $189K | 50x | as long as short |
| Coinbase International MRVL-PERP-INTX | −0.0008% | 1h | 254.76 | −0.157% | $334K | $651K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.18 | +0.009% | $301K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.13 | −0.010% | $50K | $303K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 255.16 | +0.001% | $23.5M | $113.8M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.12 | −0.015% | $5.0M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.16 | 0.000% | $6.8M | $24.6M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.29 | +0.051% | $5.1M | $8.7M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 255.08 | −0.033% | $715K | $468K | — | as long as short |
Bitget MRVLUSDT
BloFin MRVL-USDT
Coinbase International MRVL-PERP-INTX
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVLShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 255.16 | −0.001% | $977 | $189K | 10x | as long as short |
| SunX MRVL-USDTshort | 0.0000% | 8h | 255.37 | +0.083% | $1K | $5.9M | 10x | |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 255.27 | +0.043% | $22K | $145K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.12 | −0.015% | $131K | $47K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0017% | 1h | 255.23 | +0.028% | $751 | $46K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 255.36 | +0.079% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 255.25 | +0.035% | $88K | $167K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 255.03 | −0.051% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.57 | +0.161% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 255.18 | +0.008% | $14.2M | $9.1M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 255.23 | +0.028% | $99K | $81K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.20 | +0.016% | $179 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.17 | +0.004% | $532K | $839K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 255.27 | +0.044% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0064% | 1h | 255.24 | +0.031% | $87K | $272K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 255.11 | −0.019% | $504K | $72K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 255.25 | +0.035% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.27 | +0.043% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.24 | +0.031% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0125% | 1h | 255.13 | −0.012% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.02 | +1.121% | $11K | $827 | 12x | as long as short |
| edgeX MRVLUSDClong | +0.0334% | 4h | 255.16 | long leg | $36K | $376K | 10x |
GRVT MRVL_USDT_Perp
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
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
Phoenix MRVL
Injective MRVL/USDC PERP