Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.23 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against GRVT−0.073%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$330.326% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now −0.073%, 7d avg −0.028%
=Together, before fees−0.017%+ Points / potential airdropGRVT: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.045% cheaper against GRVT than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.028%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT MRVL_USDT_Perp | 260.55 | 0 | get 0.0000% / 8h | 4h 17m | $662 | $189K | 10x |
| Short | BloFin MRVL-USDT | 260.36 | −0.0023 | pay 0.0023% / 8h | 4h 17m | $374K | $172K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GRVT. 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
- −$4.76
- Price spread: −0.073% → −0.028%
- −$4.54
- Slippage, 4 orders
- −$11.63
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$41.93
- Costs to cover
- 0.326%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 40 min ago; BloFin: live order book, 18 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, 40 min ago | 1.34 bp | 7.0 bp −$7 | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 18 min ago | 0.96 bp | 9.7 bp −$10 | 14.3 bp −$143 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDTshort | −0.0023% | 8h | 260.36 | −0.073% | $374K | $172K | 50x | |
| Aster MRVLUSDT | 0.0000% | 8h | 260.35 | −0.077% | $312K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 260.24 | −0.119% | $47K | $345K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 260.40 | −0.056% | $24.1M | $107.7M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.29 | −0.100% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.42 | −0.050% | $7.0M | $22.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.35 | −0.077% | $5.6M | $8.1M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.43 | −0.046% | $5.6M | $16.0M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 260.79 | +0.091% | $718K | $635K | — | as long as short |
| GRVT MRVL_USDT_Perplong | 0.0000% | 8h | 260.55 | long leg | $662 | $189K | 10x |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 260.31 | −0.092% | $1K | $6.1M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 260.19 | −0.138% | $23K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.36 | −0.073% | $131K | $42K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0020% | 1h | 260.34 | −0.080% | $604 | $49K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 260.29 | −0.100% | $94K | $200K | 10x | as long as short |
| QFEX MRVL-USD | +0.0038% | 1h | 260.33 | −0.084% | $1.1M | $3.6M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.28 | −0.104% | $26K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 260.70 | +0.058% | — | $49K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 260.27 | −0.107% | $14.6M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.12 | −0.165% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.29 | −0.100% | $115 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.26 | −0.111% | $576K | $679K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0055% | 8h | 260.26 | −0.113% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0064% | 1h | 259.84 | −0.273% | $334K | $628K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 260.45 | −0.038% | $514K | $60K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.56 | +0.004% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.30 | −0.096% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.25 | −0.114% | $18 | — | 10x | as long as short |
| Nado MRVL-PERP | +0.0127% | 1h | 260.24 | −0.119% | $89K | $272K | 10x | as long as short |
| Phoenix MRVL | +0.0153% | 1h | 260.75 | +0.077% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.30 | +1.055% | $11K | $705 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0680% | 4h | 260.48 | −0.026% | $37K | $372K | 10x | as long as short |
GRVT MRVL_USDT_Perp
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-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
Coinbase International MRVL-PERP-INTX
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC