MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0088%/8h= −9.7% APRnext payment −$0.11 per $10,000 · paid last 24h −0.004%

Price spread now: QFEX against SoDEX+0.078%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on QFEX

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

The price spread pays, funding is against you. QFEX is 0.078% dearer against SoDEX than usual: you sell high and buy low (spread +0.078% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX MRVL-USD	255.56	0.0118	pay 0.0015% / 1h	3m 53s	$164	$15K	10x
Short	QFEX MRVL-USD	255.76	0.0030	get 0.0004% / 1h	3m 53s	$1.1M	$3.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against SoDEX. 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 SoDEXbpFee QFEXbpOrdersPrice spread, now +0.078%Rate

Funding earned: −$18.53
Price spread: +0.078% → 0.000%: $7.83
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$28.71
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; QFEX: live order book, 4 min ago. 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 SoDEX no order-book sample	—	—	—	—	—
Sell QFEX live order book, 4 min ago	2.15 bp	7.1 bp −$7	8.1 bp −$81	doesn't fit	doesn't fit

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
Bitget MRVLUSDT	−0.0761%	8h	255.76	+0.078%	$5.6M	$17.0M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.78	+0.085%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.71	+0.059%	$46K	$265K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.74	+0.070%	$23.6M	$112.6M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.55	−0.004%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.73	+0.067%	$6.8M	$23.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.74	+0.070%	$5.2M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.06	+0.196%	$712K	$485K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.19	+0.247%	$648	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	255.54	−0.008%	$1K	$6.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.56	0.000%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	256.08	+0.203%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	255.68	+0.046%	$632	$48K	10x	as long as short
BloFin MRVL-USDT	+0.0028%	8h	255.74	+0.070%	$361K	$182K	50x	as long as short
QFEX MRVL-USDshort	+0.0030%	1h	255.76	+0.078%	$1.1M	$3.5M	10x
Lighter MRVL	+0.0032%	1h	255.48	−0.031%	$88K	$202K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.74	+0.070%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.02	+0.180%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.49	−0.027%	$14.1M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.58	+0.008%	$101K	$80K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.47	−0.035%	$566K	$753K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	255.60	+0.016%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0091%	1h	255.61	+0.021%	$87K	$272K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	253.60	−0.767%	$318K	$634K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.16	+0.235%	$4K	$139K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.79	+0.090%	$2K	$3K	10x	as long as short
KuCoin MRVLUSDTM	+0.0104%	8h	255.91	+0.137%	$506K	$64K	20x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.70	+0.055%	$18	—	10x	as long as short
SoDEX MRVL-USDlong	+0.0118%	1h	255.56	long leg	$164	$15K	10x
Phoenix MRVL	+0.0157%	1h	256.41	+0.333%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+1.205%	$11K	$735	12x	as long as short
edgeX MRVLUSDC	+0.0334%	4h	256.17	+0.238%	$36K	$374K	10x	as long as short