Funding you earn now, next payment 07:00 UTC−0.0008%/8h= −0.8% APRnext payment −$0.01 per $10,000 · paid last 24h +0.009%
Price spread now: Deribit against Lighter−0.004%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$380.380% of the position
Funding, last 5 days (all we have)+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now −0.004%, 7d avg +0.008%
=Together, before fees+0.034%+ Points / potential airdropLighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MRVL | 255.32 | 0.0032 | pay 0.0004% / 1h | 50m 16s | $88K | $169K | 10x |
| Short | Deribit MRVL_USDC-PERPETUAL | 255.31 | 0.0024 | get 0.0003% / 1h | 50m 16s | $22K | $144K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$1.63
- Price spread: −0.004% → +0.008%
- −$1.23
- Slippage, 4 orders
- −$30.96
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$40.82
- Costs to cover
- 0.380%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 40 min ago; Deribit: live order book, 58 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, 40 min ago | 2.75 bp | 15.0 bp −$15 | 18.0 bp −$180 | 28.6 bp −$2,858 | doesn't fit |
| Sell Deribit live order book, 58 min ago | 5.66 bp | 9.2 bp −$9 | 12.2 bp −$122 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MRVLUSDT | −0.0726% | 8h | 255.43 | +0.043% | $5.5M | $17.1M | 20x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.33 | +0.003% | $301K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.29 | −0.011% | $46K | $265K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 255.47 | +0.060% | $23.6M | $113.2M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.26 | −0.023% | $5.0M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.27 | −0.020% | $6.8M | $24.1M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.34 | +0.008% | $5.2M | $8.6M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 255.13 | −0.073% | $709K | $481K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 254.98 | −0.135% | $403 | $191K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 255.19 | −0.051% | $1K | $6.0M | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRVL-USDT | 0.0000% | 8h | 254.95 | −0.145% | $131K | $47K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0001% | 8h | 255.06 | −0.102% | $365K | $183K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0017% | 1h | 255.20 | −0.049% | $643 | $47K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0024% | 1h | 254.72 | −0.235% | $324K | $642K | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUALshort | +0.0024% | 1h | 255.31 | −0.004% | $22K | $144K | 10x | |
| Lighter MRVLlong | +0.0032% | 1h | 255.32 | long leg | $88K | $169K | 10x | |
| QFEX MRVL-USD | +0.0034% | 1h | 255.27 | −0.020% | $1.1M | $3.6M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 254.87 | −0.176% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.42 | +0.039% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 255.23 | −0.035% | $14.1M | $8.9M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 255.16 | −0.063% | $101K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.22 | −0.039% | $163 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.09 | −0.090% | $554K | $775K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 255.34 | +0.009% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0078% | 1h | 254.86 | −0.181% | $87K | $272K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 255.39 | +0.027% | $505K | $65K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 255.09 | −0.090% | $4K | $140K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.33 | +0.004% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.30 | −0.006% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0156% | 1h | 255.02 | −0.117% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.37 | +1.195% | $11K | $840 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0826% | 4h | 254.91 | −0.159% | $36K | $374K | 10x | as long as short |
Lighter MRVL
Deribit MRVL_USDC-PERPETUAL
Bitget MRVLUSDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Coinbase International MRVL-PERP-INTX
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC