Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.005%
Price spread now: Binance against tradeXYZ+0.040%7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$370.365% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 7 days+0.036%+$4 · spread now +0.040%, 7d avg +0.104%
=Together, before fees−0.018%+ Points / potential airdroptradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.064% cheaper against tradeXYZ than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.104%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:MRVL | 254.25 | 0.0050 | pay 0.0006% / 1h | 39m 59s | $14.0M | $8.9M | 10x |
| Short | Binance MRVLUSDT | 254.35 | 0 | get 0.0000% / 8h | 1h 39m | $23.4M | $113.3M | 50x |
tradeXYZ xyz:MRVL
Binance MRVLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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
- −$10.5
- Price spread: +0.040% → +0.104%
- −$6.4
- Slippage, 4 orders
- −$8.54
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$53.43
- Costs to cover
- 0.365%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 9 min ago; Binance: live order book, 3 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 tradeXYZ live order book, 9 min ago | 0.98 bp | 11.9 bp −$12 | 15.2 bp −$152 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.20 bp | 7.7 bp −$8 | 14.7 bp −$147 | 60.0 bp −$5,996 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MRVLUSDT | −0.0792% | 8h | 254.51 | +0.102% | $5.5M | $17.1M | 20x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | −0.0064% | 1h | 254.50 | +0.098% | $22K | $144K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 254.38 | +0.050% | $300K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 254.53 | +0.109% | $50K | $269K | 10x | as long as short |
| Binance MRVLUSDTshort | 0.0000% | 8h | 254.35 | +0.040% | $23.4M | $113.3M | 50x | |
| Bybit MRVLUSDT | 0.0000% | 8h | 254.36 | +0.043% | $5.0M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 254.40 | +0.059% | $6.7M | $24.1M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 254.44 | +0.075% | $5.1M | $8.6M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 254.25 | 0.000% | $708K | $478K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 254.52 | +0.107% | $621 | $191K | 10x | as long as short |
Bitget MRVLUSDT
Deribit MRVL_USDC-PERPETUAL
Aster MRVLUSDT
Extended MRVL-USD
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
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 | 254.62 | +0.146% | $1K | $6.0M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 254.60 | +0.138% | $131K | $47K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0005% | 8h | 254.35 | +0.039% | $364K | $183K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0015% | 1h | 254.54 | +0.116% | $593 | $47K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0024% | 1h | 254.72 | +0.185% | $324K | $642K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 254.44 | +0.075% | $88K | $169K | 10x | as long as short |
| QFEX MRVL-USD | +0.0034% | 1h | 254.53 | +0.110% | $1.1M | $3.5M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 254.32 | +0.028% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 254.71 | +0.181% | — | $51K | 25x | as long as short |
| Nado MRVL-PERP | +0.0049% | 1h | 254.39 | +0.054% | $87K | $272K | 10x | as long as short |
| tradeXYZ xyz:MRVLlong | +0.0050% | 1h | 254.25 | long leg | $14.0M | $8.9M | 10x | |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 254.33 | +0.031% | $101K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 254.40 | +0.059% | $148 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 254.16 | −0.035% | $552K | $787K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 254.40 | +0.058% | — | — | 5x | as long as short |
| edgeX MRVLUSDC | +0.0074% | 4h | 254.54 | +0.112% | $36K | $375K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 254.65 | +0.157% | $503K | $66K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 254.61 | +0.142% | $4K | $140K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 254.58 | +0.130% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 254.54 | +0.114% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0156% | 1h | 254.66 | +0.161% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 257.82 | +1.404% | $11K | $853 | 12x | as long as short |
SunX MRVL-USDT
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Coinbase International MRVL-PERP-INTX
Lighter MRVL
QFEX MRVL-USD
Arcus MRVL-USD
Vest MRVL-USD-PERP
Nado MRVL-PERP
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
edgeX MRVLUSDC
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP