Funding you earn now, next payment 02:00 UTC−0.0027%/8h= −2.9% APRnext payment −$0.03 per $10,000 · paid last 24h −0.002%
Price spread now: QFEX against tradeXYZ+0.054%49s7-day average +0.048% · 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—prices read too far apart to compare
costs, in and out, $10k−$340.341% of the position
Funding, last 3 days (all we have)−0.038%−$4 on $10k
+Price spread, last 7 days−0.045%−$4 · spread now +0.054%, 7d avg +0.048%
=Together, before fees−0.083%+ Points / potential airdroptradeXYZ: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. 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 | tradeXYZ xyz:MRVL | 260.38 | 0.0050 | pay 0.0006% / 1h | 13m 40s | $14.7M | $8.4M | 10x |
| Short | QFEX MRVL-USD | 260.52 | 0.0023 | get 0.0003% / 1h | 13m 40s | $1.1M | $3.8M | 10x |
tradeXYZ xyz:MRVL
QFEX MRVL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$5.61
- Price spread: +0.054% → +0.048%
- $0.55
- Slippage, 4 orders
- −$6.11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$39.17
- Costs to cover
- 0.341%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 5 min ago; QFEX: live order book, 4 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, 5 min ago | 0.77 bp | 10.9 bp −$11 | 12.6 bp −$126 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.15 bp | 6.2 bp −$6 | 6.3 bp −$63 | 15.0 bp −$1,502 | doesn't fit |
MRVL on 31 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 | 260.59 | +0.080% | $313K | $330K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.37 | −0.004% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.27 | −0.042% | $7.0M | $22.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.59 | +0.081% | $5.6M | $8.8M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.52 | +0.054% | $5.6M | $16.2M | 20x | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 260.45 | +0.026% | $484 | $194K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.61 | +0.088% | $1K | $6.4M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 260.60 | +0.084% | $23K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.24 | −0.054% | $131K | $41K | 50x | as long as short |
| Variational Omni MRVL | +0.0004% | 8h | 260.50 | +0.045% | $725K | $662K | — | as long as short |
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Variational Omni MRVLShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MRVL-PERP-INTX | +0.0008% | 1h | 260.39 | +0.004% | $335K | $637K | 10x | as long as short |
| Aftermath Perps MRVLUSD | +0.0013% | 1h | 260.45 | +0.026% | $884 | $51K | 10x | as long as short |
| QFEX MRVL-USDshort | +0.0023% | 1h | 260.52 | +0.054% | $1.1M | $3.8M | 10x | |
| Lighter MRVL | +0.0032% | 1h | 260.40 | +0.008% | $95K | $206K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.29 | −0.035% | $25K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 260.92 | +0.207% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:MRVLlong | +0.0050% | 1h | 260.38 | long leg | $14.7M | $8.4M | 10x | |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.50 | +0.046% | $104K | $77K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.56 | +0.069% | $125 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.33 | −0.019% | $567K | $664K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 260.25 | −0.048% | — | — | 5x | as long as short |
| Extended MRVL-USD | +0.0056% | 1h | 260.39 | +0.006% | $47K | $351K | 10x | as long as short |
| Binance MRVLUSDT | +0.0058% | 8h | 260.46 | +0.031% | $24.1M | $109.9M | 50x | as long as short |
| Nado MRVL-PERP | +0.0063% | 1h | 260.48 | +0.037% | $89K | $282K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 260.58 | +0.077% | $515K | $63K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.52 | +0.054% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.60 | +0.084% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.61 | +0.090% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0153% | 1h | 260.63 | +0.096% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 262.62 | +0.860% | $11K | $679 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0571% | 4h | 260.33 | −0.020% | $37K | $371K | 10x | as long as short |
Coinbase International MRVL-PERP-INTX
Aftermath Perps MRVLUSD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Extended MRVL-USD
Binance MRVLUSDT
Nado MRVL-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC