Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.077%
Price spread now: Ondo Perps against Nado−0.175%7-day average −0.039% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.400%−$40 on $10k
+Price spread, last 4 days (all we have)−0.089%−$9 · spread now −0.175%, 7d avg −0.039%
=Together, before fees−0.490%+ Points / potential airdropNado: Active · Ondo Perps: Active · farm board−$49 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Ondo Perps is 0.136% cheaper against Nado than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.039%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MRVL-PERP | 255.37 | 0.0062 | pay 0.0008% / 1h | 49m 32s | $87K | $272K | 10x |
| Short | Ondo Perps MRVL-USD.P | 254.92 | 0.0050 | get 0.0006% / 1h | 49m 32s | $532K | $858K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- −$2.34
- Price spread: −0.175% → −0.039%
- −$13.59
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$27.93
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 53 min ago; Ondo Perps: no order-book sample. Net counts fees only.
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, 53 min ago | 5.11 bp | 12.9 bp −$13 | 26.3 bp −$263 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0611% | 8h | 255.56 | +0.075% | $5.5M | $17.1M | 20x | as long as short |
| Coinbase International MRVL-PERP-INTX | −0.0008% | 1h | 254.95 | −0.164% | $335K | $651K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.40 | +0.014% | $301K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.30 | −0.026% | $46K | $309K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 255.57 | +0.079% | $23.5M | $113.8M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.40 | +0.013% | $5.0M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.51 | +0.056% | $6.8M | $24.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.40 | +0.013% | $5.2M | $8.6M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 255.03 | −0.134% | $709K | $463K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 255.09 | −0.110% | $426 | $191K | 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 | 255.21 | −0.062% | $2K | $5.9M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.04 | −0.128% | $131K | $47K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0009% | 8h | 255.02 | −0.136% | $366K | $186K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0016% | 1h | 255.17 | −0.077% | $632 | $46K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 255.39 | +0.009% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 255.46 | +0.036% | $88K | $167K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 255.02 | −0.136% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.41 | +0.017% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 255.31 | −0.023% | $14.1M | $9.1M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 254.93 | −0.171% | $100K | $83K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.11 | −0.101% | $184 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.Pshort | +0.0050% | 1h | 254.92 | −0.175% | $532K | $858K | 10x | |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 255.49 | +0.047% | — | — | 5x | as long as short |
| Nado MRVL-PERPlong | +0.0062% | 1h | 255.37 | long leg | $87K | $272K | 10x | |
| Deribit MRVL_USDC-PERPETUAL | +0.0064% | 1h | 255.13 | −0.093% | $22K | $145K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 255.45 | +0.032% | $505K | $66K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 255.07 | −0.117% | $4K | $140K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.17 | −0.077% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.11 | −0.099% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0125% | 1h | 255.25 | −0.046% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.10 | +1.070% | $11K | $823 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0255% | 4h | 255.06 | −0.121% | $36K | $374K | 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_Perp
SunX MRVL-USDT
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
Deribit MRVL_USDC-PERPETUAL
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC