MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.03 per $10,000 · paid last 24h +0.006%

Price spread now: GRVT against OKX−0.248%7-day average +0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$310.307% of the position

Long on OKX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 3 days (all we have)+0.328%+$33 · spread now −0.248%, 7d avg +0.033%

Together, before fees+0.348%+ Points / potential airdropGRVT: Active · farm board+$35 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.282% cheaper against OKX than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of +0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX MRVL-USDT-SWAP	261.89	0	get 0.0000% / 8h	7h 27m	$7.1M	$22.7M	50x
Short	GRVT MRVL_USDT_Perp	261.24	0.0003	get 0.0003% / 8h	7h 27m	$280	$206K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.248%Rate

Funding earned: $0.63
Price spread: −0.248% → +0.033%: −$28.16
Slippage, 4 orders: −$11.73
Fee OKX: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$58.25
Costs to cover: 0.307%
Break-even: 654.3 days

Slippage from OKX: live order book, 1 min ago; GRVT: live order book, 45 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	6.9 bp −$7	14.7 bp −$147	doesn't fit	doesn't fit
Sell GRVT live order book, 45 min ago	2.51 bp	7.0 bp −$7	12.9 bp −$129	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
BloFin MRVL-USDT	−0.0003%	8h	261.44	−0.172%	$376K	$170K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	261.52	−0.140%	$315K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	261.80	−0.034%	$5.2M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAPlong	0.0000%	8h	261.89	long leg	$7.1M	$22.7M	50x
Gate MRVL_USDT	0.0000%	8h	261.76	−0.050%	$5.6M	$9.5M	50x	as long as short
SunX MRVL-USDT	0.0000%	8h	261.77	−0.046%	$1K	$6.7M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	261.67	−0.084%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	261.03	−0.328%	$132K	$51K	50x	as long as short
GRVT MRVL_USDT_Perpshort	+0.0003%	8h	261.24	−0.248%	$280	$206K	10x
Aftermath Perps MRVLUSD	+0.0014%	1h	261.27	−0.238%	$887	$52K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MRVL	+0.0015%	8h	261.26	−0.239%	$725K	$766K	—	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	260.67	−0.466%	$335K	$778K	10x	as long as short
QFEX MRVL-USD	+0.0027%	1h	261.83	−0.023%	$1.1M	$4.2M	10x	as long as short
Lighter MRVL	+0.0032%	1h	261.79	−0.038%	$96K	$209K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	261.19	−0.267%	$26K	$28K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	262.22	+0.126%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	261.79	−0.038%	$14.9M	$9.0M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	261.97	+0.031%	$105K	$86K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	261.48	−0.157%	$570K	$945K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0054%	8h	261.71	−0.070%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0067%	1h	261.67	−0.085%	$88K	$317K	10x	as long as short
Binance MRVLUSDT	+0.0078%	8h	261.89	−0.001%	$24.2M	$114.6M	50x	as long as short
Extended MRVL-USD	+0.0080%	1h	261.79	−0.040%	$47K	$347K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.70	−0.073%	$517K	$67K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	261.41	−0.183%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	261.77	−0.046%	$2K	$3K	10x	as long as short
edgeX MRVLUSDC	+0.0101%	4h	261.52	−0.140%	$37K	$368K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	261.73	−0.062%	$18	—	10x	as long as short
SoDEX MRVL-USD	+0.0108%	1h	261.70	−0.073%	$115	$15K	10x	as long as short
Bitget MRVLUSDT	+0.0166%	8h	261.88	−0.004%	$5.6M	$16.5M	20x	as long as short
Phoenix MRVL	+0.0216%	1h	261.44	−0.172%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.77	+0.718%	$11K	$658	12x	as long as short