Funding you earn now, next payment 06:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.004%
Price spread now: Lighter against Vest−0.184%46s7-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
=Together, before fees—+ Points / potential airdropVest: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Lighter is 0.184% cheaper against Vest than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 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 | 256.13 | 0.0046 | pay 0.0006% / 1h | 4m 46s | — | $51K | 25x |
| Short | Lighter MRVL | 255.66 | 0.0032 | get 0.0004% / 1h | 4m 46s | $88K | $202K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$2.87
- Price spread: −0.184% → 0.000%
- −$18.35
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$23.22
- Costs to cover
- 0.020%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Lighter: live order book, 25 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 Lighter live order book, 25 min ago | 2.75 bp | 4.3 bp −$4 | 8.9 bp −$89 | 19.7 bp −$1,965 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MRVLUSDT | −0.0768% | 8h | 255.82 | −0.121% | $5.6M | $17.0M | 20x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.79 | −0.132% | $302K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.70 | −0.166% | $46K | $265K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 255.74 | −0.152% | $23.6M | $112.5M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.63 | −0.195% | $5.0M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.73 | −0.156% | $6.8M | $23.8M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.70 | −0.168% | $5.2M | $8.6M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 256.06 | −0.027% | $712K | $485K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 256.19 | +0.024% | $648 | $191K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 255.88 | −0.098% | $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 | 255.79 | −0.133% | $22K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 256.08 | −0.020% | $131K | $47K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 255.80 | −0.130% | $632 | $48K | 10x | as long as short |
| BloFin MRVL-USDT | +0.0028% | 8h | 255.74 | −0.152% | $361K | $182K | 50x | as long as short |
| QFEX MRVL-USD | +0.0030% | 1h | 255.88 | −0.098% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVLshort | +0.0032% | 1h | 255.66 | −0.184% | $88K | $202K | 10x | |
| Arcus MRVL-USD | +0.0040% | 1h | 255.83 | −0.117% | $24K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERPlong | +0.0046% | 1h | 256.13 | long leg | — | $51K | 25x | |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 255.59 | −0.211% | $14.1M | $8.8M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 255.68 | −0.176% | $101K | $80K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 256.04 | −0.035% | $566K | $754K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0053% | 8h | 255.90 | −0.090% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0091% | 1h | 255.89 | −0.093% | $87K | $272K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0096% | 1h | 253.60 | −0.988% | $318K | $634K | 10x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 256.16 | +0.012% | $4K | $139K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.94 | −0.074% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.86 | −0.107% | $18 | — | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0105% | 8h | 255.93 | −0.078% | $506K | $64K | 20x | as long as short |
| SoDEX MRVL-USD | +0.0131% | 1h | 255.79 | −0.133% | $169 | $15K | 10x | as long as short |
| Phoenix MRVL | +0.0157% | 1h | 256.41 | +0.109% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.64 | +0.980% | $11K | $735 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0334% | 4h | 256.17 | +0.015% | $36K | $374K | 10x | as long as short |
Lighter MRVL
Bitget MRVLUSDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
BloFin MRVL-USDT
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
Paradex MRVL-USD-PERP
Coinbase International MRVL-PERP-INTX
ApeX Omni MRVLUSDT
KuCoin MRVLUSDTM
SoDEX MRVL-USD
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC