Funding you earn now, next payment 11:00 UTC−0.0117%/8h= −12.9% APRpaid last 24h −0.110%
Price spread now: tradeXYZ against edgeX−0.221%66s7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$400.403% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.221%, 7d avg −0.063%
=Together, before fees+0.077%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and tradeXYZ is 0.158% cheaper against edgeX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.063%). Swap the legs. The two prices were read 66 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 | edgeX MRVLUSDC | 256.90 | 0.0143 | pay 0.0072% / 4h | 1h 44m | $36K | $376K | 10x |
| Short | tradeXYZ xyz:MRVL | 256.33 | 0.0026 | get 0.0003% / 1h | 44m 15s | $14.1M | $9.5M | 10x |
edgeX MRVLUSDC
tradeXYZ xyz:MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$24.66
- Price spread: −0.221% → −0.063%
- −$15.78
- Slippage, 4 orders
- −$13.31
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$80.75
- Costs to cover
- 0.403%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 2 min ago; tradeXYZ: live order book, 8 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, 2 min ago | 5.46 bp | 10.3 bp −$10 | 14.6 bp −$146 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 0.19 bp | 10.6 bp −$11 | 14.9 bp −$149 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDT | −0.0018% | 8h | 256.53 | −0.143% | $377K | $215K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 256.46 | −0.172% | $302K | $339K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 256.43 | −0.184% | $46K | $289K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 256.51 | −0.152% | $23.5M | $120.3M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 256.44 | −0.178% | $4.9M | $4.2M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 256.48 | −0.163% | $7.0M | $26.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 256.45 | −0.174% | $5.0M | $8.6M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 256.57 | −0.128% | $5.5M | $19.3M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 256.64 | −0.101% | $713K | $215K | — | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 256.50 | −0.155% | $1K | $5.3M | 10x | as long as short |
BloFin MRVL-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 256.42 | −0.186% | $22K | $145K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 256.43 | −0.182% | $132K | $49K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0014% | 1h | 256.61 | −0.114% | $1K | $42K | 10x | as long as short |
| tradeXYZ xyz:MRVLshort | +0.0026% | 1h | 256.33 | −0.221% | $14.1M | $9.5M | 10x | |
| Nado MRVL-PERP | +0.0032% | 1h | 256.36 | −0.210% | $87K | $275K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 256.14 | −0.295% | $104K | $181K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0033% | 1h | 256.63 | −0.104% | $11K | $823 | 12x | as long as short |
| QFEX MRVL-USD | +0.0034% | 1h | 256.34 | −0.217% | $1.2M | $3.5M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 256.20 | −0.272% | $22K | $23K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 256.78 | −0.046% | — | $46K | 25x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 256.49 | −0.159% | $98K | $104K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 256.41 | −0.190% | $185 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 256.25 | −0.252% | $545K | $863K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0053% | 8h | 256.26 | −0.248% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 256.55 | −0.136% | $507K | $242K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 256.88 | −0.007% | $4K | $144K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 256.50 | −0.155% | $2K | $2K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 256.44 | −0.178% | $18 | — | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0136% | 1h | 256.34 | −0.217% | $317K | $445K | 10x | as long as short |
| edgeX MRVLUSDClong | +0.0143% | 4h | 256.90 | long leg | $36K | $376K | 10x | |
| Phoenix MRVL | +0.0187% | 1h | 257.18 | +0.110% | $11K | $13K | 10x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0212% | 8h | 257.02 | +0.047% | $224 | $177K | 10x | as long as short |
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
Nado MRVL-PERP
Lighter MRVL
Injective MRVL/USDC PERP
QFEX MRVL-USD
Arcus MRVL-USD
Vest MRVL-USD-PERP
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-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