Funding you earn now, next payment 23:00 UTC−0.0179%/8h= −19.6% APRnext payment −$0.22 per $10,000 · paid last 24h +0.151%
Price spread now: Nado against QFEX−0.038%7-day average −0.015% · 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−$44as in the Price arb table
costs, in and out, $10k−$410.413% of the position
Funding, last 3 days (all we have)+0.463%+$46 on $10k
+Price spread, last 3 days (all we have)+0.089%+$9 · spread now −0.038%, 7d avg −0.015%
=Together, before fees+0.553%+ Points / potential airdropNado: Active · farm board+$55 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Nado is 0.024% cheaper against QFEX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.015%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.463%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX MRVL-USD | 257.63 | 0.0064 | pay 0.0008% / 1h | 47m 54s | $1.1M | $4.2M | 10x |
| Short | Nado MRVL-PERP | 257.53 | −0.0115 | pay 0.0014% / 1h | 47m 54s | $152K | $257K | 10x |
QFEX MRVL-USD
Nado MRVL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$37.6
- Price spread: −0.038% → −0.015%
- −$2.38
- Slippage, 4 orders
- −$24.28
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$81.25
- Costs to cover
- 0.413%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 5 min ago; Nado: live order book, 35 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, 5 min ago | 1.16 bp | 6.2 bp −$6 | 7.4 bp −$74 | doesn't fit | doesn't fit |
| Sell Nado live order book, 35 min ago | 4.47 bp | 21.0 bp −$21 | 39.7 bp −$397 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado MRVL-PERPshort | −0.0115% | 1h | 257.53 | −0.038% | $152K | $257K | 10x | |
| Deribit MRVL_USDC-PERPETUAL | −0.0061% | 1h | 257.47 | −0.062% | $22K | $143K | 10x | as long as short |
| BloFin MRVL-USDT | −0.0016% | 8h | 257.75 | +0.047% | $376K | $172K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 257.63 | 0.000% | $311K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 257.57 | −0.023% | $44K | $190K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 257.68 | +0.018% | $24.1M | $114.9M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 257.59 | −0.016% | $5.1M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 257.64 | +0.004% | $7.1M | $22.4M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 257.67 | +0.016% | $5.5M | $9.8M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 257.70 | +0.027% | $5.6M | $16.3M | 20x | as long as short |
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 | +0.067% | $711K | $759K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 257.77 | +0.056% | $382 | $248K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 257.62 | −0.004% | $1K | $7.0M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 257.73 | +0.039% | $130K | $81K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0015% | 1h | 257.58 | −0.019% | $598 | $54K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 257.73 | +0.039% | $91K | $208K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 257.40 | −0.089% | $25K | $30K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 258.00 | +0.144% | — | $41K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 257.46 | −0.066% | $14.6M | $9.7M | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 257.65 | +0.008% | $268 | $14K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 257.67 | +0.016% | $588K | $941K | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0054% | 1h | 257.66 | +0.012% | $106K | $66K | 10x | as long as short |
| QFEX MRVL-USDlong | +0.0064% | 1h | 257.63 | long leg | $1.1M | $4.2M | 10x | |
| Paradex MRVL-USD-PERP | +0.0066% | 8h | 257.78 | +0.060% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 257.50 | −0.050% | $509K | $70K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 257.62 | −0.004% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 257.62 | −0.004% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 257.62 | −0.004% | $18 | — | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0136% | 1h | 257.50 | −0.050% | $317K | $892K | 10x | as long as short |
| Phoenix MRVL | +0.0187% | 1h | 257.42 | −0.082% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 259.98 | +0.912% | $11K | $609 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0487% | 4h | 257.78 | +0.060% | $36K | $368K | 10x | as long as short |
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
HTX MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Polymarket Perps MRVL-USD
Paradex MRVL-USD-PERP
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