Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.025%
Price spread now: Bybit against Orderly−0.039%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.039% cheaper against Orderly than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MRVL_USDC_mythos | 257.12 | 0.0100 | pay 0.0100% / 8h | 2h 11m | $2K | $3K | 10x |
| Short | Bybit MRVLUSDT | 257.02 | 0 | get 0.0000% / 8h | 2h 11m | $5.1M | $4.1M | 50x |
Orderly PERP_MRVL_USDC_mythos
Bybit MRVLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Orderly. 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
- −$21
- Price spread: −0.039% → 0.000%
- −$3.89
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$41.89
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 6 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 6 min ago | 1.17 bp | 14.5 bp −$15 | 34.0 bp −$340 | doesn't fit | doesn't fit |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDT | −0.0002% | 8h | 257.02 | −0.039% | $376K | $172K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 257.07 | −0.019% | $310K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 257.11 | −0.003% | $44K | $190K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 257.14 | +0.008% | $24.0M | $115.3M | 50x | as long as short |
| Bybit MRVLUSDTshort | 0.0000% | 8h | 257.02 | −0.039% | $5.1M | $4.1M | 50x | |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 257.12 | 0.000% | $7.1M | $22.6M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 257.17 | +0.019% | $5.5M | $9.9M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 257.12 | 0.000% | $5.6M | $16.4M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 257.19 | +0.029% | $710K | $760K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 257.29 | +0.066% | $399 | $249K | 10x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 257.15 | +0.012% | $2K | $7.0M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 256.96 | −0.062% | $22K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 257.13 | +0.004% | $130K | $81K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0013% | 1h | 257.13 | +0.004% | $597 | $55K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 257.14 | +0.008% | $91K | $219K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 256.91 | −0.082% | $25K | $30K | 5x | as long as short |
| QFEX MRVL-USD | +0.0043% | 1h | 257.15 | +0.012% | $1.1M | $4.2M | 10x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 257.39 | +0.105% | — | $41K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 256.98 | −0.054% | $14.1M | $9.4M | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 257.13 | +0.004% | $298 | $14K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 256.94 | −0.070% | $584K | $937K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0057% | 8h | 257.08 | −0.015% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 256.99 | −0.051% | $509K | $72K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 257.08 | −0.016% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythoslong | +0.0100% | 8h | 257.12 | long leg | $2K | $3K | 10x | |
| Polymarket Perps MRVL-USD | +0.0104% | 1h | 257.28 | +0.062% | $106K | $64K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 257.15 | +0.011% | $18 | — | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0112% | 1h | 257.13 | +0.004% | $317K | $890K | 10x | as long as short |
| Phoenix MRVL | +0.0156% | 1h | 257.07 | −0.019% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 259.72 | +1.011% | $11K | $609 | 12x | as long as short |
| Nado MRVL-PERP | +0.0415% | 1h | 256.95 | −0.067% | $509K | $66K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0599% | 4h | 257.19 | +0.027% | $36K | $369K | 10x | as long as short |
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
Arcus MRVL-USD
QFEX MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Polymarket Perps MRVL-USD
Aevo MRVL-PERP
Coinbase International MRVL-PERP-INTX
Phoenix MRVL
Injective MRVL/USDC PERP
Nado MRVL-PERP
edgeX MRVLUSDC