Funding you earn now, next payment 04:00 UTC−0.0131%/8h= −14.3% APRpaid last 24h −0.102%
Price spread now: Binance against Nado+0.012%58s7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$610.609% of the position
Funding, last 3 days (all we have)−0.440%−$44 on $10k
+Price spread, last 4 days (all we have)+0.728%+$73 · spread now +0.012%, 7d avg +0.051%
=Together, before fees+0.288%+ Points / potential airdropNado: Active · farm board+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.039% cheaper against Nado than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.051%). Swap the legs. The two prices were read 58 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 | Nado MRVL-PERP | 260.36 | 0.0131 | pay 0.0016% / 1h | 18m 41s | $89K | $272K | 10x |
| Short | Binance MRVLUSDT | 260.39 | 0 | get 0.0000% / 8h | 4h 18m | $24.2M | $107.7M | 50x |
Nado MRVL-PERP
Binance MRVLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Nado. 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
- −$27.5
- Price spread: +0.012% → +0.051%
- −$3.9
- Slippage, 4 orders
- −$43.89
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$92.29
- Costs to cover
- 0.609%
- Break-even
- never at this rate
Slippage from Nado: live order book, 39 min ago; Binance: live order book, 9 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 Nado live order book, 39 min ago | 8.43 bp | 21.2 bp −$21 | 33.5 bp −$335 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.19 bp | 7.1 bp −$7 | 13.5 bp −$135 | 53.0 bp −$5,303 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRVLUSDT | 0.0000% | 8h | 260.58 | +0.086% | $313K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 260.34 | −0.007% | $47K | $345K | 10x | as long as short |
| Binance MRVLUSDTshort | 0.0000% | 8h | 260.39 | +0.012% | $24.2M | $107.7M | 50x | |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.30 | −0.023% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.31 | −0.019% | $7.0M | $22.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.40 | +0.016% | $5.6M | $8.1M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.46 | +0.039% | $5.6M | $16.0M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 260.79 | +0.164% | $718K | $635K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 260.74 | +0.145% | $662 | $189K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.51 | +0.058% | $1K | $6.1M | 10x | as long as short |
Aster MRVLUSDT
Extended MRVL-USD
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRVL-USDT | 0.0000% | 8h | 260.76 | +0.154% | $131K | $42K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0001% | 8h | 260.39 | +0.012% | $375K | $172K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0020% | 1h | 260.42 | +0.023% | $664 | $49K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 260.36 | 0.000% | $94K | $200K | 10x | as long as short |
| QFEX MRVL-USD | +0.0038% | 1h | 260.42 | +0.023% | $1.1M | $3.6M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.34 | −0.007% | $26K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 260.93 | +0.219% | — | $49K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 260.30 | −0.023% | $14.6M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.35 | −0.003% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.46 | +0.039% | $120 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.66 | +0.116% | $576K | $680K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0055% | 8h | 260.39 | +0.011% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0064% | 1h | 259.84 | −0.199% | $334K | $628K | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0096% | 1h | 260.41 | +0.020% | $23K | $144K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 260.66 | +0.116% | $514K | $60K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.76 | +0.154% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.49 | +0.050% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.45 | +0.034% | $18 | — | 10x | as long as short |
| Nado MRVL-PERPlong | +0.0131% | 1h | 260.36 | long leg | $89K | $272K | 10x | |
| Phoenix MRVL | +0.0153% | 1h | 260.75 | +0.150% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.30 | +1.130% | $11K | $705 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0665% | 4h | 260.55 | +0.074% | $37K | $371K | 10x | as long as short |
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
QFEX MRVL-USD
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Coinbase International MRVL-PERP-INTX
Deribit MRVL_USDC-PERPETUAL
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC