MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.39 per $10,000 · paid last 24h −0.018%

Price spread now: Bitget against GRVT+0.034%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$370.372% of the position

Long on GRVT Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.113%+$11 on $10k

Price spread, last 3 days (all we have)−0.107%−$11 · spread now +0.034%, 7d avg −0.006%

Together, before fees+0.006%+ Points / potential airdropGRVT: Active · farm board+$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.040% dearer against GRVT than usual: you sell high and buy low (spread +0.034% now, against its 7-day average of −0.006%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.113%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT MRVL_USDT_Perp	258.97	0.0039	pay 0.0039% / 8h	49m 06s	$746	$228K	10x
Short	Bitget MRVLUSDT	259.06	0	get 0.0000% / 8h	49m 06s	$5.6M	$16.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against GRVT. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GRVTbpFee BitgetbpOrdersPrice spread, now +0.034%Rate

Funding earned: −$8.19
Price spread: +0.034% → −0.006%: $3.98
Slippage, 4 orders: −$16.18
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$41.38
Costs to cover: 0.372%
Break-even: never at this rate

Slippage from GRVT: live order book, 28 min ago; Bitget: live order book, 5 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 GRVT live order book, 28 min ago	1.36 bp	7.6 bp −$8	14.2 bp −$142	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	1.74 bp	9.8 bp −$10	13.2 bp −$132	40.3 bp −$4,026	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
Aster MRVLUSDT	0.0000%	8h	258.75	−0.085%	$312K	$328K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	259.01	+0.016%	$49K	$206K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	259.06	+0.035%	$24.3M	$114.7M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	258.94	−0.012%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.07	+0.038%	$7.1M	$22.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	259.13	+0.061%	$5.5M	$9.6M	50x	as long as short
Bitget MRVLUSDTshort	0.0000%	8h	259.06	+0.034%	$5.6M	$16.6M	20x
Variational Omni MRVL	0.0000%	8h	258.97	0.000%	$720K	$763K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	258.99	+0.007%	$1K	$6.9M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	258.93	−0.016%	$131K	$80K	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MRVL-USDT	+0.0007%	8h	258.98	+0.003%	$376K	$170K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0019%	1h	258.77	−0.079%	$601	$53K	10x	as long as short
Lighter MRVL	+0.0032%	1h	259.11	+0.053%	$96K	$213K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	258.89	−0.032%	$1.1M	$4.3M	10x	as long as short
GRVT MRVL_USDT_Perplong	+0.0039%	8h	258.97	long leg	$746	$228K	10x
Arcus MRVL-USD	+0.0040%	1h	258.58	−0.151%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	259.14	+0.065%	—	$46K	25x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	258.92	−0.020%	$109K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.01	+0.015%	$233	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	258.74	−0.090%	$592K	$925K	10x	as long as short
tradeXYZ xyz:MRVL	+0.0059%	1h	258.95	−0.009%	$14.6M	$9.3M	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	258.35	−0.240%	$319K	$885K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0069%	8h	258.85	−0.047%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	258.80	−0.066%	$513K	$69K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	258.71	−0.101%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.02	+0.018%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.00	+0.009%	$18	—	10x	as long as short
Phoenix MRVL	+0.0217%	1h	258.86	−0.043%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.48	+0.968%	$11K	$616	12x	as long as short
Nado MRVL-PERP	+0.0229%	1h	258.70	−0.106%	$87K	$316K	10x	as long as short
edgeX MRVLUSDC	+0.0416%	4h	258.97	−0.002%	$36K	$369K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0639%	1h	259.08	+0.042%	$22K	$143K	10x	as long as short