Funding you earn now, next payment 02:00 UTC−0.0023%/8h= −2.5% APRpaid last 24h −0.012%
Price spread now: Gate against QFEX0.000%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$400.399% of the position
Funding, last 3 days (all we have)−0.263%−$26 on $10k
+Price spread, last 7 days+0.048%+$5 · spread now 0.000%, 7d avg +0.029%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.029% cheaper against QFEX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX MRVL-USD | 260.26 | 0.0023 | pay 0.0003% / 1h | 0m 22s | $1.1M | $3.7M | 10x |
| Short | Gate MRVL_USDT | 260.26 | 0 | get 0.0000% / 8h | 6h 00m | $5.6M | $8.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against QFEX. 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
- −$4.89
- Price spread: 0.000% → +0.029%
- −$2.87
- Slippage, 4 orders
- −$14.94
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$47.7
- Costs to cover
- 0.399%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago | 1.34 bp | 6.3 bp −$6 | 6.6 bp −$66 | 15.8 bp −$1,579 | doesn't fit |
| Sell Gate live order book, 3 min ago | 2.30 bp | 15.8 bp −$16 | 30.4 bp −$304 | 44.8 bp −$4,480 | 79.2 bp −$39.6K |
MRVL on 31 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 | 260.31 | +0.021% | $312K | $330K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.05 | −0.081% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.01 | −0.096% | $7.0M | $22.1M | 50x | as long as short |
| Gate MRVL_USDTshort | 0.0000% | 8h | 260.26 | 0.000% | $5.6M | $8.8M | 50x | |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.22 | −0.015% | $5.5M | $16.0M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 260.37 | +0.042% | $722K | $651K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 260.41 | +0.059% | $471 | $189K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.26 | 0.000% | $1K | $6.2M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 260.31 | +0.019% | $23K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.41 | +0.058% | $132K | $41K | 50x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MRVL-PERP-INTX | +0.0008% | 1h | 260.17 | −0.035% | $335K | $631K | 10x | as long as short |
| Aftermath Perps MRVLUSD | +0.0013% | 1h | 260.24 | −0.007% | $884 | $50K | 10x | as long as short |
| QFEX MRVL-USDlong | +0.0023% | 1h | 260.26 | long leg | $1.1M | $3.7M | 10x | |
| Lighter MRVL | +0.0032% | 1h | 260.26 | 0.000% | $95K | $206K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.15 | −0.042% | $25K | $26K | 5x | as long as short |
| Binance MRVLUSDT | +0.0044% | 8h | 260.09 | −0.066% | $24.1M | $108.1M | 50x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 260.62 | +0.138% | — | $45K | 25x | as long as short |
| Extended MRVL-USD | +0.0048% | 1h | 260.22 | −0.016% | $51K | $356K | 10x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 260.00 | −0.100% | $14.6M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.18 | −0.031% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.31 | +0.019% | $141 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.17 | −0.035% | $576K | $677K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 260.19 | −0.028% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0066% | 1h | 260.21 | −0.019% | $89K | $273K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 260.49 | +0.088% | $515K | $62K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.27 | +0.004% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.09 | −0.065% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.03 | −0.089% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0153% | 1h | 260.43 | +0.065% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 262.62 | +0.907% | $11K | $679 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0641% | 4h | 260.34 | +0.031% | $37K | $371K | 10x | as long as short |
Gate MRVL_USDT
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Coinbase International MRVL-PERP-INTX
Aftermath Perps MRVLUSD
Lighter MRVL
Binance MRVLUSDT
Extended MRVL-USD
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC