Funding you earn now, next payment 23:00 UTC−0.0032%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h +0.009%
Price spread now: Lighter against QFEX+0.066%7-day average −0.027% · 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−$21as in the Price arb table
costs, in and out, $10k−$300.298% of the position
Funding, last 3 days (all we have)+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)−0.086%−$9 · spread now +0.066%, 7d avg −0.027%
=Together, before fees−0.065%+ Points / potential airdropLighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.093% dearer against QFEX than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of −0.027%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX MRVL-USD | 257.69 | 0.0064 | pay 0.0008% / 1h | 49m 04s | $1.1M | $4.2M | 10x |
| Short | Lighter MRVL | 257.86 | 0.0032 | get 0.0004% / 1h | 49m 04s | $91K | $208K | 10x |
QFEX MRVL-USD
Lighter MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$6.82
- Price spread: +0.066% → −0.027%
- $9.3
- Slippage, 4 orders
- −$19.82
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$27.34
- Costs to cover
- 0.298%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 4 min ago; Lighter: live order book, 25 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 | 1.16 bp | 6.2 bp −$6 | 7.4 bp −$74 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 25 min ago | 1.95 bp | 5.1 bp −$5 | 13.7 bp −$137 | 24.9 bp −$2,492 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado MRVL-PERP | −0.0087% | 1h | 257.74 | +0.020% | $152K | $255K | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | −0.0022% | 1h | 257.61 | −0.031% | $22K | $143K | 10x | as long as short |
| BloFin MRVL-USDT | −0.0016% | 8h | 257.75 | +0.023% | $376K | $172K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 257.72 | +0.013% | $311K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 257.70 | +0.004% | $44K | $190K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 257.75 | +0.023% | $24.1M | $114.9M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 257.68 | −0.004% | $5.1M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 257.72 | +0.012% | $7.1M | $22.4M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 257.75 | +0.023% | $5.5M | $9.8M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 257.76 | +0.027% | $5.6M | $16.3M | 20x | as long as short |
Nado MRVL-PERP
Deribit MRVL_USDC-PERPETUAL
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MRVL | 0.0000% | 8h | 257.80 | +0.044% | $711K | $759K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 257.77 | +0.032% | $382 | $248K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 257.75 | +0.023% | $2K | $7.0M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 257.73 | +0.016% | $130K | $81K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0015% | 1h | 257.53 | −0.060% | $598 | $54K | 10x | as long as short |
| Lighter MRVLshort | +0.0032% | 1h | 257.86 | +0.066% | $91K | $208K | 10x | |
| Arcus MRVL-USD | +0.0040% | 1h | 257.37 | −0.124% | $25K | $30K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 258.04 | +0.136% | — | $41K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 257.71 | +0.008% | $14.6M | $9.7M | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 257.72 | +0.012% | $268 | $14K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 257.67 | −0.008% | $588K | $941K | 10x | as long as short |
| QFEX MRVL-USDlong | +0.0064% | 1h | 257.69 | long leg | $1.1M | $4.2M | 10x | |
| Paradex MRVL-USD-PERP | +0.0067% | 8h | 257.76 | +0.026% | — | — | 5x | as long as short |
| Polymarket Perps MRVL-USD | +0.0071% | 1h | 257.86 | +0.066% | $106K | $66K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 257.64 | −0.019% | $510K | $70K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 257.62 | −0.027% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 257.73 | +0.016% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 257.72 | +0.013% | $18 | — | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0136% | 1h | 257.46 | −0.089% | $316K | $891K | 10x | as long as short |
| Phoenix MRVL | +0.0187% | 1h | 257.42 | −0.105% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 259.98 | +0.889% | $11K | $609 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0487% | 4h | 257.78 | +0.037% | $36K | $368K | 10x | as long as short |
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
HTX MRVL-USDT
Aftermath Perps MRVLUSD
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Polymarket Perps MRVL-USD
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Coinbase International MRVL-PERP-INTX
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC