Funding you earn now, next payment 00:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.68 per $10,000 · paid last 24h −0.036%
Price spread now: Gate against GRVT+0.204%81s7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as 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−$740.744% of the position
Funding, last 7 days−0.292%−$29 on $10k
+Price spread, last 3 days (all we have)−0.312%−$31 · spread now +0.204%, 7d avg −0.005%
=Together, before fees−0.604%+ Points / potential airdropGRVT: Active · farm board−$60 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.209% dearer against GRVT than usual: you sell high and buy low (spread +0.204% now, against its 7-day average of −0.005%): +$21 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.292% in total) that is about 5.0 days. The two prices were read 81 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 | 259.72 | 0.0068 | pay 0.0068% / 8h | 7h 56m | $686 | $223K | 10x |
| Short | Gate MRVL_USDT | 260.25 | 0 | get 0.0000% / 8h | 7h 56m | $5.7M | $9.3M | 50x |
GRVT MRVL_USDT_Perp
Gate MRVL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$14.28
- Price spread: +0.204% → −0.005%
- $20.94
- Slippage, 4 orders
- −$50.4
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$67.74
- Costs to cover
- 0.744%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 16 min ago; Gate: live order book, 2 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, 16 min ago | 2.51 bp | 8.1 bp −$8 | 13.7 bp −$137 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 5.97 bp | 36.2 bp −$36 | 45.9 bp −$459 | 50.9 bp −$5,090 | 85.0 bp −$42.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado MRVL-PERP | −0.0075% | 1h | 259.97 | +0.097% | $88K | $316K | 10x | as long as short |
| BloFin MRVL-USDT | −0.0019% | 8h | 259.77 | +0.020% | $374K | $169K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 260.04 | +0.123% | $314K | $328K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.19 | +0.181% | $5.1M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.32 | +0.231% | $7.1M | $22.5M | 50x | as long as short |
| Gate MRVL_USDTshort | 0.0000% | 8h | 260.25 | +0.204% | $5.7M | $9.3M | 50x | |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.17 | +0.174% | $5.6M | $16.5M | 20x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 259.92 | +0.077% | $2K | $6.8M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 259.84 | +0.046% | $131K | $51K | 50x | as long as short |
| Variational Omni MRVL | +0.0005% | 8h | 260.00 | +0.108% | $723K | $765K | — | as long as short |
Nado MRVL-PERP
BloFin MRVL-USDT
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Bitget MRVLUSDT
SunX MRVL-USDT
HTX MRVL-USDT
Variational Omni MRVLShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MRVLUSD | +0.0017% | 1h | 259.50 | −0.084% | $881 | $52K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0024% | 1h | 258.35 | −0.527% | $319K | $765K | 10x | as long as short |
| QFEX MRVL-USD | +0.0027% | 1h | 259.88 | +0.062% | $1.1M | $4.3M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 260.17 | +0.174% | $95K | $209K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 259.41 | −0.119% | $26K | $28K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 260.32 | +0.231% | — | $46K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 259.67 | −0.019% | $14.6M | $9.2M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 259.74 | +0.008% | $104K | $86K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 259.84 | +0.046% | $146 | $14K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 259.20 | −0.200% | $578K | $932K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0057% | 8h | 260.04 | +0.123% | — | — | 5x | as long as short |
| Binance MRVLUSDT | +0.0060% | 8h | 260.34 | +0.239% | $24.2M | $115.1M | 50x | as long as short |
| Extended MRVL-USD | +0.0064% | 1h | 260.08 | +0.140% | $49K | $204K | 10x | as long as short |
| GRVT MRVL_USDT_Perplong | +0.0068% | 8h | 259.72 | long leg | $686 | $223K | 10x | |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 259.79 | +0.027% | $515K | $70K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 259.44 | −0.108% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.12 | +0.154% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 259.95 | +0.091% | $18 | — | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0173% | 1h | 260.10 | +0.147% | $23K | $143K | 10x | as long as short |
| Phoenix MRVL | +0.0217% | 1h | 259.65 | −0.027% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 262.42 | +1.040% | $11K | $635 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0468% | 4h | 259.62 | −0.037% | $36K | $367K | 10x | as long as short |
Aftermath Perps MRVLUSD
Coinbase International MRVL-PERP-INTX
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
Binance MRVLUSDT
Extended MRVL-USD
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Deribit MRVL_USDC-PERPETUAL
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC