Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against GRVT−0.425%90s7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as 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−$400.401% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)+0.285%+$29 · spread now −0.425%, 7d avg −0.051%
=Together, before fees+0.238%+ Points / potential airdropGRVT: Active · farm board+$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.373% cheaper against GRVT than usual: you would sell low and buy high, −$37 on $10k if it goes back to its 7-day average of −0.051%. The two prices were read 90 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 | GRVT MRVL_USDT_Perp | 259.04 | 0 | get 0.0000% / 8h | 3h 50m | $536 | $190K | 10x |
| Short | Bybit MRVLUSDT | 257.94 | 0 | get 0.0000% / 8h | 3h 50m | $5.0M | $3.8M | 50x |
GRVT MRVL_USDT_Perp
Bybit MRVLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.425% → −0.051%
- −$37.32
- Slippage, 4 orders
- −$20.09
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$77.41
- Costs to cover
- 0.401%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 2 min ago; Bybit: live order book, 3 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, 2 min ago | 1.35 bp | 7.7 bp −$8 | 17.5 bp −$175 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.74 bp | 11.9 bp −$12 | 26.7 bp −$267 | 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-USDT | −0.0020% | 8h | 258.24 | −0.309% | $372K | $171K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 258.06 | −0.379% | $310K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 257.92 | −0.431% | $46K | $345K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 258.00 | −0.400% | $23.8M | $108.1M | 50x | as long as short |
| Bybit MRVLUSDTshort | 0.0000% | 8h | 257.94 | −0.425% | $5.0M | $3.8M | 50x | |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 257.93 | −0.429% | $6.9M | $22.4M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 258.04 | −0.386% | $5.5M | $8.1M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 258.04 | −0.386% | $5.5M | $16.1M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 258.37 | −0.259% | $717K | $634K | — | as long as short |
| GRVT MRVL_USDT_Perplong | 0.0000% | 8h | 259.04 | long leg | $536 | $190K | 10x |
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVLShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 258.16 | −0.340% | $1K | $6.1M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 258.02 | −0.394% | $22K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 258.19 | −0.328% | $130K | $42K | 50x | as long as short |
| Nado MRVL-PERP | +0.0019% | 1h | 258.08 | −0.370% | $88K | $272K | 10x | as long as short |
| Aftermath Perps MRVLUSD | +0.0020% | 1h | 258.79 | −0.096% | $601 | $49K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 258.00 | −0.402% | $1.1M | $3.6M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 258.10 | −0.363% | $93K | $198K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 258.44 | −0.232% | $25K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 258.46 | −0.224% | — | $49K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 257.87 | −0.452% | $14.4M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 257.89 | −0.444% | $103K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 258.09 | −0.367% | $176 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 257.79 | −0.483% | $567K | $692K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0053% | 8h | 257.99 | −0.404% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0088% | 1h | 258.15 | −0.344% | $332K | $628K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 258.16 | −0.340% | $510K | $60K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 259.06 | +0.008% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 258.10 | −0.363% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 258.05 | −0.382% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0185% | 1h | 258.97 | −0.027% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 261.93 | +1.116% | $11K | $718 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0773% | 4h | 258.91 | −0.051% | $37K | $372K | 10x | as long as short |
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Nado MRVL-PERP
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
Coinbase International MRVL-PERP-INTX
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC