MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.05 per $10,000 · paid last 24h +0.021%

Price spread now: Extended against QFEX−0.003%7-day average −0.006% · 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−$30as in the Price arb table

costs, in and out, $10k−$300.300% of the position

Long on QFEX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.021%+$2 on $10k

Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.003%, 7d avg −0.006%

Together, before fees+0.032%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX MRVL-USD	257.44	0.0043	pay 0.0005% / 1h	59m 12s	$1.1M	$4.2M	10x
Short	Extended MRVL-USD	257.43	0	get 0.0000% / 1h	59m 12s	$44K	$190K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.003%Rate

Funding earned: −$9.07
Price spread: −0.003% → −0.006%: $0.36
Slippage, 4 orders: −$14.97
Fee QFEX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$38.68
Costs to cover: 0.300%
Break-even: never at this rate

Slippage from QFEX: live order book, 4 min ago; Extended: live order book, 22 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	0.97 bp	6.0 bp −$6	7.1 bp −$71	doesn't fit	doesn't fit
Sell Extended live order book, 22 min ago	2.33 bp	8.8 bp −$9	66.6 bp −$666	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	257.30	−0.054%	$310K	$331K	50x	as long as short
Extended MRVL-USDshort	0.0000%	1h	257.43	−0.003%	$44K	$190K	10x
Binance MRVLUSDT	0.0000%	8h	257.48	+0.014%	$24.1M	$115.2M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	257.31	−0.050%	$5.1M	$4.2M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	257.39	−0.019%	$7.1M	$22.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	257.51	+0.027%	$5.5M	$9.8M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	257.40	−0.016%	$5.6M	$16.3M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	257.40	−0.017%	$710K	$760K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	257.39	−0.021%	$394	$249K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	257.39	−0.019%	$1K	$7.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRVL-USDT	0.0000%	8h	257.27	−0.066%	$130K	$81K	50x	as long as short
edgeX MRVLUSDC	+0.0015%	4h	257.40	−0.017%	$36K	$369K	10x	as long as short
Aftermath Perps MRVLUSD	+0.0016%	1h	257.27	−0.065%	$633	$54K	10x	as long as short
BloFin MRVL-USDT	+0.0020%	8h	257.35	−0.035%	$377K	$172K	50x	as long as short
Lighter MRVL	+0.0032%	1h	257.52	+0.031%	$91K	$207K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	257.13	−0.120%	$25K	$30K	5x	as long as short
QFEX MRVL-USDlong	+0.0043%	1h	257.44	long leg	$1.1M	$4.2M	10x
Vest MRVL-USD-PERP	+0.0046%	1h	257.61	+0.066%	—	$41K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	257.34	−0.039%	$14.5M	$9.8M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	257.45	+0.004%	$252	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	257.17	−0.105%	$585K	$939K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0068%	8h	257.39	−0.018%	—	—	5x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0100%	1h	257.38	−0.023%	$22K	$143K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	257.27	−0.066%	$509K	$72K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	257.15	−0.113%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	257.43	−0.004%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	257.43	−0.002%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0136%	1h	257.13	−0.120%	$317K	$890K	10x	as long as short
Phoenix MRVL	+0.0156%	1h	257.29	−0.058%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	259.98	+0.987%	$11K	$604	12x	as long as short
Nado MRVL-PERP	+0.0264%	1h	257.23	−0.082%	$509K	$66K	10x	as long as short
Polymarket Perps MRVL-USD	+0.0273%	1h	257.61	+0.066%	$106K	$64K	10x	as long as short