MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.01 per $10,000 · paid last 24h +0.013%

Price spread now: SoDEX against QFEX−0.023%7-day average — · you buy dearer than you sell

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

Long on QFEX Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. SoDEX is 0.023% cheaper against QFEX than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 6.7 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX MRVL-USD	259.11	0.0038	pay 0.0005% / 1h	40m 31s	$1.1M	$4.3M	10x
Short	SoDEX MRVL-USD	259.05	0.0050	get 0.0006% / 1h	40m 31s	$218	$14K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.023%Rate

Funding earned: $2.44
Price spread: −0.023% → 0.000%: −$2.32
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$17.88
Costs to cover: 0.180%
Break-even: 58.4 days

Slippage unknown: QFEX: live order book, 3 min ago; SoDEX: 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, 3 min ago	0.96 bp	6.0 bp −$6	8.3 bp −$83	13.9 bp −$1,394	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
BloFin MRVL-USDT	−0.0015%	8h	258.99	−0.046%	$374K	$170K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	258.92	−0.073%	$312K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	258.94	−0.066%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.14	+0.012%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	259.11	0.000%	$5.7M	$9.7M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	259.03	−0.031%	$5.6M	$16.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	259.17	+0.024%	$720K	$763K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	259.07	−0.015%	$1K	$6.9M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.09	−0.008%	$131K	$80K	50x	as long as short
Extended MRVL-USD	+0.0008%	1h	259.09	−0.007%	$49K	$206K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MRVLUSDT	+0.0009%	8h	259.15	+0.014%	$24.3M	$114.7M	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	258.97	−0.053%	$601	$53K	10x	as long as short
Lighter MRVL	+0.0032%	1h	259.14	+0.012%	$96K	$213K	10x	as long as short
QFEX MRVL-USDlong	+0.0038%	1h	259.11	long leg	$1.1M	$4.3M	10x
Arcus MRVL-USD	+0.0040%	1h	258.85	−0.100%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	259.34	+0.089%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.17	+0.023%	$14.6M	$9.3M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.03	−0.031%	$109K	$80K	10x	as long as short
SoDEX MRVL-USDshort	+0.0050%	1h	259.05	−0.023%	$218	$14K	10x
Ondo Perps MRVL-USD.P	+0.0050%	1h	258.82	−0.112%	$591K	$926K	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0052%	8h	259.11	+0.001%	$741	$226K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	258.35	−0.293%	$319K	$885K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0069%	8h	259.00	−0.043%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	258.94	−0.066%	$513K	$69K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	258.93	−0.069%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.10	−0.004%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.07	−0.014%	$18	—	10x	as long as short
Phoenix MRVL	+0.0217%	1h	259.04	−0.027%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.85	+1.057%	$11K	$627	12x	as long as short
Nado MRVL-PERP	+0.0229%	1h	258.92	−0.075%	$88K	$316K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0291%	1h	259.04	−0.027%	$22K	$143K	10x	as long as short
edgeX MRVLUSDC	+0.0890%	4h	259.16	+0.019%	$36K	$370K	10x	as long as short