Funding you earn now, next payment 03:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.004%
Price spread now: Binance against Vest−0.188%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.188% cheaper against Vest than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 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 | Vest MRVL-USD-PERP | 261.54 | 0.0046 | pay 0.0006% / 1h | 3m 40s | — | $49K | 25x |
| Short | Binance MRVLUSDT | 261.05 | 0.0026 | get 0.0026% / 8h | 5h 03m | $24.3M | $107.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Vest. 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
- −$4.23
- Price spread: −0.188% → 0.000%
- −$18.84
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$35.08
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Binance: live order book, 9 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 Vest no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 9 min ago | 0.19 bp | 5.9 bp −$6 | 13.3 bp −$133 | 52.5 bp −$5,253 | doesn't fit |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDT | −0.0022% | 8h | 261.26 | −0.107% | $375K | $171K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 261.00 | −0.208% | $313K | $330K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 261.01 | −0.203% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 261.00 | −0.206% | $7.0M | $22.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 261.00 | −0.206% | $5.6M | $8.4M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 261.00 | −0.206% | $5.6M | $16.0M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 261.17 | −0.140% | $719K | $650K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 261.28 | −0.098% | $376 | $188K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 261.12 | −0.161% | $1K | $6.1M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.87 | −0.256% | $132K | $42K | 50x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 261.08 | −0.176% | $672 | $50K | 10x | as long as short |
| Extended MRVL-USD | +0.0024% | 1h | 260.93 | −0.233% | $47K | $351K | 10x | as long as short |
| Binance MRVLUSDTshort | +0.0026% | 8h | 261.05 | −0.188% | $24.3M | $107.7M | 50x | |
| QFEX MRVL-USD | +0.0026% | 1h | 261.03 | −0.195% | $1.1M | $3.6M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 261.01 | −0.203% | $94K | $206K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0032% | 1h | 259.84 | −0.650% | $334K | $630K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.88 | −0.252% | $26K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERPlong | +0.0046% | 1h | 261.54 | long leg | — | $49K | 25x | |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 260.87 | −0.256% | $14.6M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 261.01 | −0.203% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 261.11 | −0.164% | $162 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.97 | −0.218% | $577K | $681K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0053% | 8h | 260.95 | −0.224% | — | — | 5x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0057% | 1h | 261.00 | −0.206% | $23K | $144K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 261.03 | −0.195% | $515K | $61K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 261.12 | −0.161% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 261.11 | −0.164% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 261.04 | −0.192% | $18 | — | 10x | as long as short |
| Nado MRVL-PERP | +0.0125% | 1h | 261.02 | −0.200% | $89K | $275K | 10x | as long as short |
| Phoenix MRVL | +0.0215% | 1h | 261.18 | −0.138% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.39 | +0.707% | $11K | $693 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0796% | 4h | 261.25 | −0.112% | $37K | $371K | 10x | as long as short |
Binance MRVLUSDT
BloFin MRVL-USDT
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
HTX MRVL-USDT
Aftermath Perps MRVLUSD
Extended MRVL-USD
Lighter MRVL
Coinbase International MRVL-PERP-INTX
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
Deribit MRVL_USDC-PERPETUAL
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC