Funding you earn now, next payment 11:00 UTC−0.0066%/8h= −7.2% APRpaid last 24h −0.020%
Price spread now: QFEX against Orderly+0.039%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
The price spread pays, funding is against you. QFEX is 0.039% dearer against Orderly than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 47 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MRVL_USDC_mythos | 256.62 | 0.0100 | pay 0.0100% / 8h | 5h 07m | $2K | $2K | 10x |
| Short | QFEX MRVL-USD | 256.72 | 0.0034 | get 0.0004% / 1h | 7m 44s | $1.2M | $3.4M | 10x |
Orderly PERP_MRVL_USDC_mythos
QFEX MRVL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$13.83
- Price spread: +0.039% → 0.000%
- $3.9
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$25.93
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; QFEX: live order book, 4 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 QFEX live order book, 4 min ago | 1.36 bp | 6.4 bp −$6 | 6.4 bp −$64 | 12.5 bp −$1,247 | 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 exchanges
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 | −0.0016% | 8h | 256.65 | +0.012% | $376K | $220K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 256.53 | −0.035% | $303K | $339K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 256.70 | +0.030% | $47K | $283K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 256.79 | +0.065% | $23.5M | $120.7M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 256.60 | −0.008% | $4.9M | $4.3M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 256.71 | +0.035% | $6.9M | $26.4M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 256.79 | +0.066% | $5.0M | $8.7M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 256.81 | +0.074% | $5.5M | $19.4M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 256.59 | −0.012% | $713K | $215K | — | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 256.77 | +0.058% | $1K | $5.2M | 10x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
SunX MRVL-USDTShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 256.65 | +0.012% | $22K | $146K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 256.66 | +0.016% | $132K | $49K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0005% | 1h | 256.42 | −0.080% | $1K | $42K | 10x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0012% | 8h | 256.65 | +0.011% | $878 | $179K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 256.46 | −0.062% | $104K | $182K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0033% | 1h | 256.63 | +0.004% | $11K | $823 | 12x | as long as short |
| QFEX MRVL-USDshort | +0.0034% | 1h | 256.72 | +0.039% | $1.2M | $3.4M | 10x | |
| Arcus MRVL-USD | +0.0040% | 1h | 256.43 | −0.074% | $23K | $21K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 256.91 | +0.113% | — | $46K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 256.57 | −0.019% | $14.1M | $9.0M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 256.78 | +0.062% | $77K | $128K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 256.69 | +0.027% | $175 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 256.44 | −0.070% | $544K | $865K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 256.63 | +0.004% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0054% | 1h | 256.67 | +0.021% | $87K | $275K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0079% | 4h | 256.51 | −0.042% | $36K | $374K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 256.73 | +0.043% | $507K | $283K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 256.62 | 0.000% | $4K | $144K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythoslong | +0.0100% | 8h | 256.62 | long leg | $2K | $2K | 10x | |
| Aevo MRVL-PERP | +0.0104% | 1h | 256.58 | −0.014% | $18 | — | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0136% | 1h | 256.80 | +0.070% | $320K | $427K | 10x | as long as short |
| Phoenix MRVL | +0.0187% | 1h | 256.49 | −0.051% | $11K | $13K | 10x | as long as short |
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
GRVT MRVL_USDT_Perp
Lighter MRVL
Injective MRVL/USDC PERP
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Nado MRVL-PERP
edgeX MRVLUSDC
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Aevo MRVL-PERP
Coinbase International MRVL-PERP-INTX
Phoenix MRVL