Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: tradeXYZ against Lighter−0.016%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$390.392% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)−0.015%−$2 · spread now −0.016%, 7d avg −0.026%
=Together, before fees+0.021%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, 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 | 255.14 | 0.0032 | pay 0.0004% / 1h | 5m 47s | $88K | $167K | 10x |
| Short | tradeXYZ xyz:MRVL | 255.10 | 0.0050 | get 0.0006% / 1h | 5m 47s | $14.1M | $9.1M | 10x |
Lighter MRVL
tradeXYZ xyz:MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $3.78
- Price spread: −0.016% → −0.026%
- $1.01
- Slippage, 4 orders
- −$21.21
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$34.42
- Costs to cover
- 0.392%
- Break-even
- 70.7 days
Slippage from Lighter: live order book, 14 min ago; tradeXYZ: live order book, 3 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, 14 min ago | 2.55 bp | 12.7 bp −$13 | 13.7 bp −$137 | 23.6 bp −$2,358 | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 0.78 bp | 11.5 bp −$11 | 13.6 bp −$136 | 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 | −0.0513% | 8h | 255.38 | +0.094% | $5.5M | $17.2M | 20x | as long as short |
| Coinbase International MRVL-PERP-INTX | −0.0008% | 1h | 255.27 | +0.051% | $335K | $652K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.17 | +0.013% | $301K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.12 | −0.009% | $50K | $303K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 255.24 | +0.039% | $23.5M | $113.8M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.13 | −0.004% | $5.0M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.14 | 0.000% | $6.8M | $24.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.20 | +0.024% | $5.1M | $8.7M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 255.16 | +0.008% | $715K | $468K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 255.14 | 0.000% | $967 | $187K | 10x | as long as short |
Bitget MRVLUSDT
Coinbase International MRVL-PERP-INTX
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
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 | 255.14 | 0.000% | $1K | $5.9M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 255.11 | −0.012% | $22K | $145K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.23 | +0.035% | $131K | $47K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0011% | 8h | 255.15 | +0.004% | $365K | $188K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0016% | 1h | 255.10 | −0.016% | $592 | $46K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 255.19 | +0.020% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVLlong | +0.0032% | 1h | 255.14 | long leg | $88K | $167K | 10x | |
| Arcus MRVL-USD | +0.0040% | 1h | 254.97 | −0.067% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.50 | +0.141% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVLshort | +0.0050% | 1h | 255.10 | −0.016% | $14.1M | $9.1M | 10x | |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 255.08 | −0.024% | $99K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.14 | 0.000% | $158 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.18 | +0.016% | $539K | $848K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 255.08 | −0.022% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0058% | 1h | 255.04 | −0.039% | $87K | $272K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 255.07 | −0.027% | $504K | $77K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 255.11 | −0.012% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.12 | −0.008% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.06 | −0.033% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0125% | 1h | 255.31 | +0.067% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.02 | +1.129% | $11K | $827 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0522% | 4h | 255.15 | +0.003% | $36K | $373K | 10x | as long as short |
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Arcus MRVL-USD
Vest MRVL-USD-PERP
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Nado MRVL-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC