MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.03 per $10,000 · paid last 24h +0.004%

Price spread now: Ondo Perps against QFEX−0.082%7-day average −0.056% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on QFEX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.068%+$7 on $10k

Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.082%, 7d avg −0.056%

Together, before fees+0.102%+ Points / potential airdropOndo Perps: Active · farm board+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Ondo Perps is 0.026% cheaper against QFEX than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of −0.056%). If the spread goes back, that is −$3 on $10k: about 4.3 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.068% in total) that is about 34 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX MRVL-USD	255.68	0.0030	pay 0.0004% / 1h	2m 44s	$1.1M	$3.5M	10x
Short	Ondo Perps MRVL-USD.P	255.47	0.0050	get 0.0006% / 1h	2m 44s	$566K	$753K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.082%Rate

Funding earned: $4.23
Price spread: −0.082% → −0.056%: −$2.61
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$13.38
Costs to cover: 0.150%
Break-even: 29.1 days

Slippage unknown: QFEX: live order book, 6 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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, 6 min ago	2.15 bp	7.1 bp −$7	7.6 bp −$76	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0754%	8h	256.04	+0.141%	$5.6M	$17.0M	20x	as long as short
BloFin MRVL-USDT	−0.0013%	8h	255.85	+0.066%	$361K	$182K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.95	+0.104%	$302K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.89	+0.081%	$46K	$265K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.95	+0.105%	$23.7M	$112.6M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.84	+0.063%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.95	+0.106%	$6.8M	$23.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.97	+0.113%	$5.2M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.06	+0.149%	$712K	$485K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.19	+0.200%	$648	$191K	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	255.72	+0.016%	$1K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.67	−0.004%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.69	+0.004%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	255.65	−0.012%	$671	$47K	10x	as long as short
QFEX MRVL-USDlong	+0.0030%	1h	255.68	long leg	$1.1M	$3.5M	10x
Lighter MRVL	+0.0032%	1h	255.96	+0.110%	$89K	$202K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.66	−0.008%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.91	+0.090%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.80	+0.047%	$14.1M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.47	−0.082%	$101K	$80K	10x	as long as short
Ondo Perps MRVL-USD.Pshort	+0.0050%	1h	255.47	−0.082%	$566K	$753K	10x
Paradex MRVL-USD-PERP	+0.0053%	8h	255.70	+0.008%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0092%	1h	255.66	−0.006%	$87K	$272K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	253.60	−0.814%	$318K	$634K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.71	+0.012%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.79	+0.043%	$2K	$3K	10x	as long as short
KuCoin MRVLUSDTM	+0.0103%	8h	255.92	+0.094%	$506K	$64K	20x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.75	+0.027%	$18	—	10x	as long as short
SoDEX MRVL-USD	+0.0106%	1h	255.76	+0.031%	$153	$15K	10x	as long as short
Phoenix MRVL	+0.0157%	1h	255.81	+0.051%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+1.158%	$11K	$735	12x	as long as short
edgeX MRVLUSDC	+0.0739%	4h	255.86	+0.069%	$36K	$374K	10x	as long as short