MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.088%

Price spread now: Lighter against Nado−0.008%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$620.617% of the position

Long on Nado Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.447%−$45 on $10k

Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.008%, 7d avg −0.009%

Together, before fees−0.468%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board−$47 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: $0 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	254.93	0.0042	pay 0.0005% / 1h	28m 12s	$87K	$272K	10x
Short	Lighter MRVL	254.91	0.0032	get 0.0004% / 1h	28m 12s	$88K	$169K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now −0.008%Rate

Funding earned: −$2.03
Price spread: −0.008% → −0.009%: $0.06
Slippage, 4 orders: −$54.69
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: −$63.66
Costs to cover: 0.617%
Break-even: never at this rate

Slippage from Nado: live order book, 14 min ago; Lighter: live order book, 62 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, 14 min ago	5.11 bp	12.9 bp −$13	26.3 bp −$263	doesn't fit	doesn't fit
Sell Lighter live order book, 62 min ago	2.75 bp	4.3 bp −$4	8.9 bp −$89	19.7 bp −$1,965	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	−0.0849%	8h	255.05	+0.047%	$5.5M	$17.1M	20x	as long as short
BloFin MRVL-USDT	0.0000%	8h	254.93	0.000%	$364K	$184K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.02	+0.037%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	254.93	−0.002%	$50K	$267K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	254.99	+0.021%	$23.5M	$113.5M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	254.85	−0.032%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	254.95	+0.007%	$6.8M	$24.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	254.92	−0.004%	$5.1M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	254.44	−0.192%	$708K	$475K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	254.46	−0.184%	$547	$190K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	254.97	+0.015%	$2K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	254.86	−0.028%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	254.23	−0.275%	$130K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0013%	1h	254.48	−0.178%	$635	$47K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	254.33	−0.236%	$332K	$650K	10x	as long as short
Lighter MRVLshort	+0.0032%	1h	254.91	−0.008%	$88K	$169K	10x
QFEX MRVL-USD	+0.0034%	1h	254.96	+0.011%	$1.1M	$3.5M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.40	−0.208%	$23K	$27K	5x	as long as short
Nado MRVL-PERPlong	+0.0042%	1h	254.93	long leg	$87K	$272K	10x
Vest MRVL-USD-PERP	+0.0046%	1h	255.11	+0.070%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	254.80	−0.051%	$13.9M	$8.9M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	254.72	−0.083%	$101K	$82K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	254.93	0.000%	$107	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.24	−0.271%	$549K	$803K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	254.88	−0.018%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	254.95	+0.007%	$504K	$66K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	254.36	−0.224%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	254.98	+0.019%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	254.95	+0.006%	$18	—	10x	as long as short
Phoenix MRVL	+0.0156%	1h	254.19	−0.291%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	257.82	+1.133%	$11K	$853	12x	as long as short
edgeX MRVLUSDC	+0.0351%	4h	254.39	−0.212%	$36K	$375K	10x	as long as short