MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0089%/8h= −9.7% APRnext payment −$0.11 per $10,000 · paid last 24h −0.093%

Price spread now: Extended against Nado+0.182%7-day average +0.008% · 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−$43as in the Price arb table

costs, in and out, $10k−$600.602% of the position

Long on Nado Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.444%−$44 on $10k

Price spread, last 4 days (all we have)−0.193%−$19 · spread now +0.182%, 7d avg +0.008%

Together, before fees−0.637%+ Points / potential airdropNado: Active · Extended: Active · farm board−$64 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.174% dearer against Nado than usual: you sell high and buy low (spread +0.182% now, against its 7-day average of +0.008%): +$17 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.5 days. At the pace of the last 3 days (−0.444% in total) that is about 32 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado MRVL-PERP	255.64	0.0089	pay 0.0011% / 1h	22m 10s	$87K	$272K	10x
Short	Extended MRVL-USD	256.11	0	get 0.0000% / 1h	22m 10s	$49K	$346K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.182%Rate

Funding earned: −$18.62
Price spread: +0.182% → +0.008%: $17.4
Slippage, 4 orders: −$48.24
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$61.47
Costs to cover: 0.602%
Break-even: never at this rate

Slippage from Nado: live order book, 30 min ago; Extended: live order book, 30 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, 30 min ago	4.45 bp	25.3 bp −$25	39.0 bp −$390	doesn't fit	doesn't fit
Sell Extended live order book, 30 min ago	0.97 bp	7.0 bp −$7	32.6 bp −$326	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	−0.0158%	8h	256.39	+0.293%	$5.5M	$16.3M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.20	+0.218%	$301K	$339K	50x	as long as short
Extended MRVL-USDshort	0.0000%	1h	256.11	+0.182%	$49K	$346K	10x
Binance MRVLUSDT	0.0000%	8h	256.20	+0.221%	$23.5M	$109.6M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.21	+0.223%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.34	+0.274%	$6.8M	$22.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.07	+0.168%	$5.4M	$8.2M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.46	+0.320%	$712K	$632K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.41	+0.302%	$603	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	255.97	+0.129%	$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	256.37	+0.285%	$129K	$42K	50x	as long as short
BloFin MRVL-USDT	+0.0014%	8h	255.92	+0.109%	$366K	$173K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	256.33	+0.271%	$699	$49K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.81	+0.066%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.19	+0.215%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.04	+0.156%	$25K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.07	+0.168%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.83	+0.074%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.70	+0.023%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.87	+0.090%	$169	$15K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0050%	8h	255.66	+0.009%	—	—	5x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.76	+0.047%	$551K	$751K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.85	+0.082%	$322K	$634K	10x	as long as short
Nado MRVL-PERPlong	+0.0089%	1h	255.64	long leg	$87K	$272K	10x
ApeX Omni MRVLUSDT	+0.0100%	1h	256.76	+0.438%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.16	+0.203%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.13	+0.190%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0105%	8h	256.31	+0.262%	$507K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	256.34	+0.274%	$11K	$12K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0218%	1h	256.29	+0.254%	$22K	$144K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.351%	$11K	$734	12x	as long as short
edgeX MRVLUSDC	+0.0754%	4h	256.90	+0.493%	$36K	$371K	10x	as long as short