Funding you earn now, next payment 22:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.020%
Price spread now: Gate against Lighter+0.039%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$530.534% of the position
Funding, last 7 days−0.317%−$32 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.039%, 7d avg +0.048%
=Together, before fees−0.327%+ Points / potential airdropLighter: Season 3 · farm board−$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MRVL | 257.29 | 0.0032 | pay 0.0004% / 1h | 8m 31s | $91K | $219K | 10x |
| Short | Gate MRVL_USDT | 257.39 | 0 | get 0.0000% / 8h | 2h 08m | $5.5M | $9.9M | 50x |
Lighter MRVL
Gate MRVL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.039% → +0.048%
- −$0.89
- Slippage, 4 orders
- −$38.39
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$61
- Costs to cover
- 0.534%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago | 1.95 bp | 12.4 bp −$12 | 13.2 bp −$132 | 23.3 bp −$2,325 | doesn't fit |
| Sell Gate live order book, 5 min ago | 1.94 bp | 20.8 bp −$21 | 35.9 bp −$359 | 43.4 bp −$4,344 | 76.8 bp −$38.4K |
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 | −0.0008% | 8h | 257.16 | −0.051% | $376K | $172K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 257.18 | −0.043% | $310K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 257.33 | +0.016% | $44K | $190K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 257.36 | +0.028% | $24.1M | $115.2M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 257.20 | −0.035% | $5.1M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 257.23 | −0.023% | $7.1M | $22.6M | 50x | as long as short |
| Gate MRVL_USDTshort | 0.0000% | 8h | 257.39 | +0.039% | $5.5M | $9.9M | 50x | |
| Bitget MRVLUSDT | 0.0000% | 8h | 257.29 | 0.000% | $5.6M | $16.4M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 257.17 | −0.045% | $710K | $760K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 257.26 | −0.012% | $399 | $249K | 10x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
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 | 257.35 | +0.023% | $2K | $7.0M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 257.20 | −0.035% | $22K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 257.07 | −0.086% | $130K | $81K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0014% | 1h | 257.09 | −0.078% | $655 | $55K | 10x | as long as short |
| Lighter MRVLlong | +0.0032% | 1h | 257.29 | long leg | $91K | $219K | 10x | |
| Arcus MRVL-USD | +0.0040% | 1h | 256.99 | −0.117% | $25K | $30K | 5x | as long as short |
| QFEX MRVL-USD | +0.0043% | 1h | 257.28 | −0.004% | $1.1M | $4.2M | 10x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 257.41 | +0.047% | — | $41K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 257.13 | −0.062% | $14.5M | $9.8M | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 257.32 | +0.012% | $273 | $14K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 257.19 | −0.039% | $584K | $939K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0058% | 8h | 257.26 | −0.012% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 257.13 | −0.062% | $509K | $72K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 257.15 | −0.054% | $4K | $143K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 257.27 | −0.008% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 257.23 | −0.022% | $18 | — | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0110% | 1h | 257.42 | +0.051% | $106K | $64K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0112% | 1h | 257.13 | −0.062% | $317K | $890K | 10x | as long as short |
| Phoenix MRVL | +0.0156% | 1h | 257.24 | −0.019% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 259.72 | +0.944% | $11K | $609 | 12x | as long as short |
| Nado MRVL-PERP | +0.0411% | 1h | 257.11 | −0.070% | $509K | $66K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0849% | 4h | 257.19 | −0.040% | $36K | $367K | 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