Funding you earn now, next payment 22:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.020%
Price spread now: Aster against Lighter−0.048%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$610.608% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)+0.109%+$11 · spread now −0.048%, 7d avg +0.032%
=Together, before fees+0.036%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board+$4 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 Aster is 0.080% cheaper against Lighter than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.032%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MRVL | 257.34 | 0.0032 | pay 0.0004% / 1h | 9m 41s | $91K | $219K | 10x |
| Short | Aster MRVLUSDT | 257.22 | 0 | get 0.0000% / 8h | 2h 09m | $310K | $331K | 50x |
Lighter MRVL
Aster MRVLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter. 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
- −$6.72
- Price spread: −0.048% → +0.032%
- −$8.02
- Slippage, 4 orders
- −$52.76
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$75.49
- Costs to cover
- 0.608%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; Aster: live order book, 12 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 Lighter live order book, 4 min ago | 1.95 bp | 12.4 bp −$12 | 13.2 bp −$132 | 23.3 bp −$2,325 | doesn't fit |
| Sell Aster live order book, 12 min ago | 2.33 bp | 24.6 bp −$25 | doesn't fit | 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 | −0.0023% | 8h | 257.17 | −0.066% | $376K | $172K | 50x | as long as short |
| Aster MRVLUSDTshort | 0.0000% | 8h | 257.22 | −0.048% | $310K | $331K | 50x | |
| Extended MRVL-USD | 0.0000% | 1h | 257.33 | −0.003% | $44K | $190K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 257.35 | +0.002% | $24.1M | $115.3M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 257.21 | −0.051% | $5.1M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 257.27 | −0.027% | $7.1M | $22.6M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 257.37 | +0.012% | $5.5M | $9.9M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 257.29 | −0.019% | $5.6M | $16.4M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 257.17 | −0.065% | $710K | $760K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 257.18 | −0.062% | $399 | $249K | 10x | as long as short |
BloFin MRVL-USDT
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 | 257.15 | −0.074% | $2K | $7.0M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 257.18 | −0.062% | $22K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 257.07 | −0.105% | $130K | $81K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0014% | 1h | 257.12 | −0.086% | $597 | $54K | 10x | as long as short |
| Lighter MRVLlong | +0.0032% | 1h | 257.34 | long leg | $91K | $219K | 10x | |
| Arcus MRVL-USD | +0.0040% | 1h | 257.00 | −0.132% | $25K | $30K | 5x | as long as short |
| QFEX MRVL-USD | +0.0043% | 1h | 257.25 | −0.035% | $1.1M | $4.2M | 10x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 257.41 | +0.027% | — | $41K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 257.15 | −0.074% | $14.5M | $9.7M | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 257.23 | −0.043% | $288 | $14K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 257.16 | −0.070% | $584K | $939K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0057% | 8h | 257.24 | −0.039% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 257.18 | −0.062% | $510K | $72K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 257.08 | −0.101% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 257.22 | −0.047% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 257.22 | −0.045% | $18 | — | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0108% | 1h | 257.36 | +0.008% | $106K | $64K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0112% | 1h | 257.13 | −0.082% | $317K | $890K | 10x | as long as short |
| Phoenix MRVL | +0.0156% | 1h | 257.07 | −0.105% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 259.72 | +0.925% | $11K | $609 | 12x | as long as short |
| Nado MRVL-PERP | +0.0414% | 1h | 257.08 | −0.101% | $509K | $66K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0599% | 4h | 257.19 | −0.058% | $36K | $369K | 10x | as long as short |
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
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
Polymarket Perps MRVL-USD
Coinbase International MRVL-PERP-INTX
Phoenix MRVL
Injective MRVL/USDC PERP
Nado MRVL-PERP
edgeX MRVLUSDC