Funding you earn now, next payment 05:00 UTC+0.0025%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h +0.003%
Price spread now: tradeXYZ against QFEX−0.152%49s7-day average −0.049% · 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—prices read too far apart to compare
costs, in and out, $10k−$320.321% of the position
Funding, last 4 days (all we have)+0.039%+$4 on $10k
+Price spread, last 7 days+0.130%+$13 · spread now −0.152%, 7d avg −0.049%
=Together, before fees+0.169%+ Points / potential airdroptradeXYZ: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.102% cheaper against QFEX than usual: you would sell low and buy high (spread −0.152% now, against its 7-day average of −0.049%). If the spread goes back, that is −$10 on $10k: about 13 days of funding at the current rate (+$1 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX MRVL-USD | 257.16 | 0.0025 | pay 0.0003% / 1h | 39m 47s | $1.1M | $3.6M | 10x |
| Short | tradeXYZ xyz:MRVL | 256.77 | 0.0050 | get 0.0006% / 1h | 39m 47s | $14.4M | $8.4M | 10x |
QFEX MRVL-USD
tradeXYZ xyz:MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $5.34
- Price spread: −0.152% → −0.049%
- −$10.23
- Slippage, 4 orders
- −$4.06
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$36.95
- Costs to cover
- 0.321%
- Break-even
- 55.4 days
Slippage from QFEX: live order book, 3 min ago; tradeXYZ: live order book, 9 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 | 1.55 bp | 6.6 bp −$7 | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 0.39 bp | 9.4 bp −$9 | 11.3 bp −$113 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDT | −0.0011% | 8h | 257.39 | +0.089% | $370K | $171K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 256.87 | −0.113% | $308K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 256.81 | −0.136% | $46K | $343K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 256.94 | −0.087% | $23.7M | $108.9M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 256.96 | −0.078% | $5.1M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 256.91 | −0.097% | $6.9M | $22.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 256.90 | −0.101% | $5.5M | $8.1M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 257.09 | −0.027% | $5.5M | $16.2M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 257.34 | +0.072% | $714K | $631K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 257.81 | +0.254% | $820 | $190K | 10x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 257.14 | −0.008% | $1K | $6.1M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 256.99 | −0.066% | $22K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 257.78 | +0.241% | $130K | $42K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 257.69 | +0.207% | $598 | $49K | 10x | as long as short |
| QFEX MRVL-USDlong | +0.0025% | 1h | 257.16 | long leg | $1.1M | $3.6M | 10x | |
| edgeX MRVLUSDC | +0.0027% | 4h | 257.78 | +0.243% | $36K | $371K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 256.92 | −0.093% | $89K | $203K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 257.38 | +0.086% | $25K | $26K | 5x | as long as short |
| Nado MRVL-PERP | +0.0041% | 1h | 257.18 | +0.009% | $88K | $272K | 10x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 257.60 | +0.171% | — | $50K | 25x | as long as short |
| tradeXYZ xyz:MRVLshort | +0.0050% | 1h | 256.77 | −0.152% | $14.4M | $8.4M | 10x | |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 256.97 | −0.074% | $102K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 257.02 | −0.054% | $190 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 256.98 | −0.070% | $573K | $720K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0053% | 8h | 257.15 | −0.004% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0088% | 1h | 257.16 | 0.000% | $330K | $624K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 257.16 | 0.000% | $509K | $61K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 257.78 | +0.241% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 256.99 | −0.066% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 257.01 | −0.059% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0185% | 1h | 257.70 | +0.210% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 261.65 | +1.746% | $11K | $734 | 12x | as long as short |
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
edgeX MRVLUSDC
Lighter MRVL
Arcus MRVL-USD
Nado MRVL-PERP
Vest MRVL-USD-PERP
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Coinbase International MRVL-PERP-INTX
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP