Funding you earn now, next payment 04:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.09 per $10,000 · paid last 24h +0.098%
Price spread now: Nado against tradeXYZ+0.003%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$700.702% of the position
Funding, last 3 days (all we have)+0.427%+$43 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.003%, 7d avg +0.035%
=Together, before fees+0.444%+ Points / potential airdroptradeXYZ: Active · Nado: Active · farm board+$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.032% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.003% now, against its 7-day average of +0.035%). If the spread goes back, that is −$3 on $10k: about 34 hours of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.427% in total) that is about 6 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:MRVL | 260.21 | 0.0050 | pay 0.0006% / 1h | 11m 14s | $14.6M | $8.4M | 10x |
| Short | Nado MRVL-PERP | 260.22 | 0.0124 | get 0.0016% / 1h | 11m 14s | $89K | $272K | 10x |
tradeXYZ xyz:MRVL
Nado MRVL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $15.63
- Price spread: +0.003% → +0.035%
- −$3.15
- Slippage, 4 orders
- −$45.18
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$57.71
- Costs to cover
- 0.702%
- Break-even
- 32.9 days
Slippage from tradeXYZ: live order book, 7 min ago; Nado: live order book, 46 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, 7 min ago | 1.35 bp | 11.9 bp −$12 | 14.2 bp −$142 | doesn't fit | doesn't fit |
| Sell Nado live order book, 46 min ago | 8.43 bp | 25.6 bp −$26 | 39.8 bp −$398 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRVLUSDT | 0.0000% | 8h | 260.47 | +0.098% | $313K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 260.42 | +0.080% | $47K | $345K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 260.49 | +0.108% | $24.1M | $107.6M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.27 | +0.023% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.41 | +0.077% | $7.0M | $22.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.43 | +0.085% | $5.6M | $8.2M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.46 | +0.096% | $5.6M | $16.0M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 260.32 | +0.042% | $717K | $634K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 260.30 | +0.035% | $635 | $189K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.59 | +0.146% | $868 | $6.1M | 10x | as long as short |
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRVL-USDT | 0.0000% | 8h | 260.34 | +0.050% | $131K | $42K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0020% | 1h | 260.31 | +0.037% | $657 | $49K | 10x | as long as short |
| BloFin MRVL-USDT | +0.0022% | 8h | 260.44 | +0.088% | $374K | $172K | 50x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 260.46 | +0.096% | $94K | $200K | 10x | as long as short |
| QFEX MRVL-USD | +0.0038% | 1h | 260.36 | +0.058% | $1.1M | $3.6M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.13 | −0.031% | $26K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 260.68 | +0.181% | — | $49K | 25x | as long as short |
| tradeXYZ xyz:MRVLlong | +0.0050% | 1h | 260.21 | long leg | $14.6M | $8.4M | 10x | |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.20 | −0.004% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.43 | +0.085% | $109 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.19 | −0.008% | $575K | $679K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0054% | 8h | 260.41 | +0.077% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0064% | 1h | 260.25 | +0.015% | $334K | $633K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 260.54 | +0.127% | $514K | $60K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.39 | +0.069% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.42 | +0.081% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.37 | +0.063% | $18 | — | 10x | as long as short |
| Nado MRVL-PERPshort | +0.0124% | 1h | 260.22 | +0.003% | $89K | $272K | 10x | |
| Phoenix MRVL | +0.0153% | 1h | 260.39 | +0.069% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.30 | +1.188% | $11K | $705 | 12x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0288% | 1h | 260.38 | +0.065% | $23K | $144K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0972% | 4h | 260.23 | +0.008% | $37K | $373K | 10x | as long as short |
HTX MRVL-USDT
Aftermath Perps MRVLUSD
BloFin MRVL-USDT
Lighter MRVL
QFEX MRVL-USD
Arcus MRVL-USD
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
Deribit MRVL_USDC-PERPETUAL
edgeX MRVLUSDC