Funding you earn now, next payment 16:00 UTC+0.0020%/8h= +2.1% APRnext payment +$0.20 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Gate−0.051%108s7-day average −0.018% · 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—prices read too far apart to compare
costs, in and out, $10k−$530.533% of the position
Funding, last 7 days+0.342%+$34 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.051%, 7d avg −0.018%
=Funding pays, the price is against you. BloFin is 0.033% cheaper against Gate than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of −0.018%). If the spread goes back, that is −$3 on $10k: about 5.6 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.342% in total) that is about 16 hours. The two prices were read 108 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 | Gate MRVL_USDT | 256.25 | 0 | get 0.0000% / 8h | 5h 27m | $4.9M | $8.7M | 50x |
| Short | BloFin MRVL-USDT | 256.12 | 0.0020 | get 0.0020% / 8h | 5h 27m | $380K | $216K | 50x |
Gate MRVL_USDT
BloFin MRVL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $4.12
- Price spread: −0.051% → −0.018%
- −$3.32
- Slippage, 4 orders
- −$26.3
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$52.5
- Costs to cover
- 0.533%
- Break-even
- 96.3 days
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 16 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 Gate live order book, 4 min ago | 1.76 bp | 18.5 bp −$19 | 35.8 bp −$358 | 47.2 bp −$4,715 | 80.3 bp −$40.2K |
| Sell BloFin live order book, 16 min ago | 0.58 bp | 9.0 bp −$9 | 15.5 bp −$155 | 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 | 256.32 | +0.029% | $302K | $339K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 256.21 | −0.014% | $46K | $284K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 256.32 | +0.027% | $23.5M | $120.5M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 256.19 | −0.023% | $4.9M | $4.3M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 256.27 | +0.008% | $6.9M | $26.3M | 50x | as long as short |
| Gate MRVL_USDTlong | 0.0000% | 8h | 256.25 | long leg | $4.9M | $8.7M | 50x | |
| Bitget MRVLUSDT | 0.0000% | 8h | 256.32 | +0.027% | $5.5M | $19.3M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 256.03 | −0.084% | $712K | $215K | — | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 256.23 | −0.008% | $1K | $5.3M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 256.11 | −0.055% | $132K | $49K | 50x | as long as short |
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Bitget MRVLUSDT
Variational Omni MRVL
SunX MRVL-USDT
HTX MRVL-USDTShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MRVLUSD | +0.0007% | 1h | 256.02 | −0.090% | $1K | $42K | 10x | as long as short |
| BloFin MRVL-USDTshort | +0.0020% | 8h | 256.12 | −0.051% | $380K | $216K | 50x | |
| Nado MRVL-PERP | +0.0024% | 1h | 256.30 | +0.021% | $87K | $275K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 256.06 | −0.074% | $104K | $182K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0033% | 1h | 256.63 | +0.148% | $11K | $823 | 12x | as long as short |
| QFEX MRVL-USD | +0.0034% | 1h | 256.32 | +0.027% | $1.2M | $3.5M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 256.03 | −0.086% | $22K | $22K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 256.54 | +0.113% | — | $46K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 256.22 | −0.012% | $14.1M | $9.6M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 256.34 | +0.035% | $77K | $127K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 256.18 | −0.027% | $184 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 256.05 | −0.078% | $543K | $863K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 256.22 | −0.012% | — | — | 5x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0061% | 8h | 256.04 | −0.083% | $448 | $179K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 256.33 | +0.031% | $506K | $261K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 256.13 | −0.047% | $4K | $144K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 256.33 | +0.031% | $2K | $2K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 256.24 | −0.005% | $18 | — | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0136% | 1h | 256.34 | +0.035% | $317K | $429K | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0141% | 1h | 256.14 | −0.043% | $22K | $145K | 10x | as long as short |
| Phoenix MRVL | +0.0187% | 1h | 256.10 | −0.059% | $11K | $13K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0810% | 4h | 256.19 | −0.024% | $36K | $373K | 10x | as long as short |
Aftermath Perps MRVLUSD
Nado MRVL-PERP
Lighter MRVL
Injective MRVL/USDC PERP
QFEX MRVL-USD
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
GRVT MRVL_USDT_Perp
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Coinbase International MRVL-PERP-INTX
Deribit MRVL_USDC-PERPETUAL
Phoenix MRVL
edgeX MRVLUSDC