Funding you earn now, next payment 22:00 UTC−0.0188%/8h= −20.6% APRnext payment −$0.24 per $10,000 · paid last 24h −0.046%
Price spread now: Lighter against Injective−0.886%66s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Lighter is 0.886% cheaper against Injective than usual: you would sell low and buy high (−$89 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 66 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 | Injective MRVL/USDC PERP | 259.72 | 0.0220 | pay 0.0028% / 1h | 0m 08s | $11K | $609 | 12x |
| Short | Lighter MRVL | 257.42 | 0.0032 | get 0.0004% / 1h | 0m 08s | $91K | $219K | 10x |
Injective MRVL/USDC PERP
Lighter MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. 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
- −$39.48
- Price spread: −0.886% → 0.000%
- −$88.56
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$128.06
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 14 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 14 min ago | 1.95 bp | 5.1 bp −$5 | 13.7 bp −$137 | 24.9 bp −$2,492 | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0010% | 8h | 257.27 | −0.943% | $377K | $172K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 257.26 | −0.946% | $310K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 257.37 | −0.905% | $44K | $190K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 257.40 | −0.895% | $24.1M | $115.2M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 257.23 | −0.959% | $5.1M | $4.2M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 257.30 | −0.932% | $7.1M | $22.6M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 257.43 | −0.882% | $5.5M | $10.0M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 257.31 | −0.928% | $5.6M | $16.4M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 257.40 | −0.895% | $710K | $760K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 257.34 | −0.916% | $394 | $249K | 10x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 257.39 | −0.897% | $1K | $7.0M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 257.27 | −0.943% | $130K | $81K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0016% | 1h | 257.27 | −0.944% | $633 | $54K | 10x | as long as short |
| Lighter MRVLshort | +0.0032% | 1h | 257.42 | −0.886% | $91K | $219K | 10x | |
| Arcus MRVL-USD | +0.0040% | 1h | 257.07 | −1.020% | $25K | $30K | 5x | as long as short |
| QFEX MRVL-USD | +0.0043% | 1h | 257.36 | −0.909% | $1.1M | $4.2M | 10x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 257.56 | −0.832% | — | $41K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 257.21 | −0.966% | $14.5M | $9.8M | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 257.37 | −0.905% | $247 | $14K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 257.23 | −0.959% | $585K | $939K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0066% | 8h | 257.30 | −0.932% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 257.26 | −0.947% | $509K | $72K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 257.15 | −0.990% | $4K | $143K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 257.40 | −0.893% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 257.39 | −0.897% | $18 | — | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0112% | 1h | 257.13 | −0.997% | $317K | $890K | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0137% | 1h | 257.52 | −0.847% | $106K | $64K | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0139% | 1h | 257.28 | −0.939% | $22K | $143K | 10x | as long as short |
| Phoenix MRVL | +0.0156% | 1h | 257.24 | −0.955% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERPlong | +0.0220% | 1h | 259.72 | long leg | $11K | $609 | 12x | |
| Nado MRVL-PERP | +0.0406% | 1h | 257.13 | −0.997% | $509K | $66K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0879% | 4h | 257.39 | −0.896% | $36K | $369K | 10x | as long as short |
SunX MRVL-USDT
HTX MRVL-USDT
Aftermath Perps MRVLUSD
Arcus MRVL-USD
QFEX MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Coinbase International MRVL-PERP-INTX
Polymarket Perps MRVL-USD
Deribit MRVL_USDC-PERPETUAL
Phoenix MRVL
Nado MRVL-PERP
edgeX MRVLUSDC