MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0046%/8h= −5.1% APRnext payment −$0.06 per $10,000 · paid last 24h −0.080%

Price spread now: Deribit against Nado+0.007%7-day average +0.002% · 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−$61as in the Price arb table

costs, in and out, $10k−$620.616% of the position

Long on Nado Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.378%−$38 on $10k

Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.007%, 7d avg +0.002%

Together, before fees−0.406%+ Points / potential airdropNado: Active · farm board−$41 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.002%, 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	Nado MRVL-PERP	255.45	0.0046	pay 0.0006% / 1h	0m 54s	$87K	$272K	10x
Short	Deribit MRVL_USDC-PERPETUAL	255.47	0	get 0.0000% / 1h	0m 54s	$22K	$145K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Nado. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee NadobpFee DeribitbpOrdersPrice spread, now +0.007%Rate

Funding earned: −$9.7
Price spread: +0.007% → +0.002%: $0.51
Slippage, 4 orders: −$47.62
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$70.81
Costs to cover: 0.616%
Break-even: never at this rate

Slippage from Nado: live order book, 42 min ago; Deribit: live order book, 42 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, 42 min ago	5.11 bp	12.9 bp −$13	26.3 bp −$263	doesn't fit	doesn't fit
Sell Deribit live order book, 42 min ago	5.11 bp	10.6 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	−0.0636%	8h	255.64	+0.074%	$5.6M	$17.1M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.47	+0.007%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.43	−0.009%	$46K	$283K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.56	+0.042%	$23.5M	$113.9M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.47	+0.007%	$5.0M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.43	−0.008%	$6.8M	$24.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.52	+0.027%	$5.2M	$8.7M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.52	+0.027%	$711K	$466K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.60	+0.060%	$780	$190K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	255.62	+0.066%	$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
Deribit MRVL_USDC-PERPETUALshort	0.0000%	1h	255.47	+0.007%	$22K	$145K	10x
HTX MRVL-USDT	0.0000%	8h	255.53	+0.031%	$131K	$47K	50x	as long as short
BloFin MRVL-USDT	+0.0008%	8h	255.56	+0.042%	$366K	$186K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0016%	1h	255.47	+0.007%	$595	$47K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	255.26	−0.075%	$335K	$653K	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.50	+0.019%	$88K	$169K	10x	as long as short
QFEX MRVL-USD	+0.0034%	1h	255.54	+0.035%	$1.1M	$3.5M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.35	−0.040%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.77	+0.125%	—	$51K	25x	as long as short
Nado MRVL-PERPlong	+0.0046%	1h	255.45	long leg	$87K	$272K	10x
tradeXYZ xyz:MRVL	+0.0050%	1h	255.51	+0.023%	$14.1M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.31	−0.055%	$100K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.51	+0.023%	$204	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.46	+0.003%	$541K	$850K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.43	−0.009%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	255.63	+0.070%	$506K	$66K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.44	−0.005%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.48	+0.011%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.45	0.000%	$18	—	10x	as long as short
Phoenix MRVL	+0.0156%	1h	255.63	+0.070%	$11K	$12K	10x	as long as short
edgeX MRVLUSDC	+0.0175%	4h	255.53	+0.031%	$36K	$375K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	257.82	+0.927%	$11K	$853	12x	as long as short