MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.14 per $10,000 · paid last 24h +0.001%

Price spread now: BloFin against OKX+0.015%113s7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$350.352% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 3 days (all we have)−0.029%−$3 · spread now +0.015%, 7d avg +0.007%

Together, before fees+0.028%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 113 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	OKX MRVL-USDT-SWAP	259.32	0	get 0.0000% / 8h	17m 25s	$7.1M	$22.5M	50x
Short	BloFin MRVL-USDT	259.36	0.0014	get 0.0014% / 8h	17m 25s	$375K	$170K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now +0.015%Rate

Funding earned: $2.94
Price spread: +0.015% → +0.007%: $0.84
Slippage, 4 orders: −$13.22
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$31.44
Costs to cover: 0.352%
Break-even: 81.9 days

Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 58 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 OKX live order book, 1 min ago	0.19 bp	7.4 bp −$7	13.5 bp −$135	doesn't fit	doesn't fit
Sell BloFin live order book, 58 min ago	0.19 bp	10.2 bp −$10	15.4 bp −$154	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
Aster MRVLUSDT	0.0000%	8h	259.18	−0.056%	$313K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	259.31	−0.004%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAPlong	0.0000%	8h	259.32	long leg	$7.1M	$22.5M	50x
Gate MRVL_USDT	0.0000%	8h	259.34	+0.008%	$5.7M	$9.8M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	259.39	+0.027%	$5.6M	$16.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	259.33	+0.004%	$722K	$764K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	259.37	+0.019%	$1K	$6.8M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.62	+0.116%	$131K	$59K	50x	as long as short
BloFin MRVL-USDTshort	+0.0014%	8h	259.36	+0.015%	$375K	$170K	50x
Aftermath Perps MRVLUSD	+0.0018%	1h	259.34	+0.009%	$881	$53K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MRVL	+0.0032%	1h	259.45	+0.050%	$96K	$213K	10x	as long as short
Binance MRVLUSDT	+0.0037%	8h	259.37	+0.019%	$24.3M	$114.7M	50x	as long as short
QFEX MRVL-USD	+0.0038%	1h	259.40	+0.031%	$1.1M	$4.3M	10x	as long as short
Extended MRVL-USD	+0.0040%	1h	259.32	+0.001%	$49K	$206K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.11	−0.081%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	259.65	+0.127%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.27	−0.019%	$14.6M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.34	+0.008%	$108K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.32	0.000%	$171	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.20	−0.046%	$587K	$932K	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0059%	8h	259.44	+0.046%	$700	$224K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0062%	8h	259.32	−0.002%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	258.35	−0.374%	$319K	$767K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	259.23	−0.035%	$514K	$68K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	259.19	−0.050%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.37	+0.019%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.36	+0.014%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0157%	1h	259.27	−0.018%	$88K	$316K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0174%	1h	259.36	+0.015%	$22K	$143K	10x	as long as short
Phoenix MRVL	+0.0217%	1h	259.48	+0.062%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.85	+0.976%	$11K	$629	12x	as long as short
edgeX MRVLUSDC	+0.0945%	4h	259.39	+0.026%	$36K	$370K	10x	as long as short