MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0066%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.019%

Price spread now: ApeX Omni against QFEX−0.228%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$900.897% of the position

Long on QFEX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.083%+$8 on $10k

Price spread, last 4 days (all we have)+0.190%+$19 · spread now −0.228%, 7d avg +0.008%

Together, before fees+0.274%+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.236% cheaper against QFEX than usual: you would sell low and buy high (spread −0.228% now, against its 7-day average of +0.008%). If the spread goes back, that is −$24 on $10k: about 12 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX MRVL-USD	254.94	0.0034	pay 0.0004% / 1h	28m 54s	$1.1M	$3.5M	10x
Short	ApeX Omni MRVLUSDT	254.36	0.0100	get 0.0013% / 1h	28m 54s	$4K	$140K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against QFEX. 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 QFEXbpFee ApeX OmnibpOrdersPrice spread, now −0.228%Rate

Funding earned: $13.93
Price spread: −0.228% → +0.008%: −$23.59
Slippage, 4 orders: −$69.73
Fee QFEX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$99.39
Costs to cover: 0.897%
Break-even: 57.0 days

Slippage from QFEX: live order book, 4 min ago; ApeX Omni: live order book, 12 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 QFEX live order book, 4 min ago	1.97 bp	7.0 bp −$7	7.6 bp −$76	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 12 min ago	27.50 bp	37.1 bp −$37	199.4 bp −$1,994	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
Bitget MRVLUSDT	−0.0853%	8h	255.02	+0.031%	$5.5M	$17.1M	20x	as long as short
BloFin MRVL-USDT	0.0000%	8h	254.93	−0.004%	$364K	$184K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.01	+0.027%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	254.90	−0.015%	$50K	$267K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	254.97	+0.012%	$23.5M	$113.5M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	254.83	−0.043%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	254.87	−0.027%	$6.8M	$24.2M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	254.94	0.000%	$5.1M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	254.44	−0.196%	$708K	$475K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	254.46	−0.187%	$547	$190K	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	254.97	+0.012%	$2K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	254.92	−0.008%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	254.23	−0.278%	$130K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	254.47	−0.185%	$635	$47K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	254.33	−0.239%	$332K	$650K	10x	as long as short
Lighter MRVL	+0.0032%	1h	254.91	−0.012%	$88K	$169K	10x	as long as short
QFEX MRVL-USDlong	+0.0034%	1h	254.94	long leg	$1.1M	$3.5M	10x
Arcus MRVL-USD	+0.0040%	1h	254.27	−0.263%	$23K	$27K	5x	as long as short
Nado MRVL-PERP	+0.0041%	1h	254.79	−0.058%	$87K	$272K	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.03	+0.035%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	254.79	−0.059%	$13.9M	$8.9M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	254.72	−0.086%	$101K	$82K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	254.82	−0.047%	$112	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.24	−0.275%	$549K	$803K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	254.79	−0.057%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	254.91	−0.012%	$504K	$66K	20x	as long as short
ApeX Omni MRVLUSDTshort	+0.0100%	1h	254.36	−0.228%	$4K	$140K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	254.96	+0.008%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	254.92	−0.006%	$18	—	10x	as long as short
Phoenix MRVL	+0.0156%	1h	254.19	−0.294%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	257.82	+1.130%	$11K	$853	12x	as long as short
edgeX MRVLUSDC	+0.0351%	4h	254.39	−0.215%	$36K	$375K	10x	as long as short