Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.03 per $10,000 · paid last 24h −0.009%
Price spread now: Coinbase International against ApeX Omni−0.360%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$920.919% of the position
Funding, last 7 days+0.257%+$26 on $10k
+Price spread, last 4 days (all we have)+0.705%+$71 · spread now −0.360%, 7d avg +0.017%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Coinbase International is 0.377% cheaper against ApeX Omni than usual: you would sell low and buy high (−$38 if the spread goes back to its 7-day average of +0.017%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.257%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni MRVLUSDT | 252.94 | 0.0100 | pay 0.0013% / 1h | 34m 58s | $4K | $144K | 50x |
| Short | Coinbase International MRVL-PERP-INTX | 252.03 | 0.0072 | get 0.0009% / 1h | 34m 58s | $321K | $662K | 10x |
ApeX Omni MRVLUSDT
Coinbase International MRVL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against ApeX Omni. 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
- −$5.88
- Price spread: −0.360% → +0.017%
- −$37.67
- Slippage, 4 orders
- −$71.91
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$135.46
- Costs to cover
- 0.919%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 61 min ago; Coinbase International: live order book, 63 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 ApeX Omni live order book, 61 min ago | 22.89 bp | 33.6 bp −$34 | 200.8 bp −$2,008 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 63 min ago | 3.72 bp | 9.1 bp −$9 | 12.9 bp −$129 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MRVLUSDT | −0.0407% | 8h | 252.20 | −0.293% | $5.5M | $17.6M | 20x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 252.47 | −0.187% | $298K | $336K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 252.23 | −0.279% | $47K | $300K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 252.29 | −0.257% | $23.3M | $115.6M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 252.10 | −0.332% | $4.9M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 252.23 | −0.281% | $6.7M | $24.1M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 252.27 | −0.265% | $4.9M | $8.5M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 252.28 | −0.260% | $707K | $457K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 252.95 | +0.004% | $210 | $182K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 252.17 | −0.304% | $1K | $5.7M | 10x | as long as short |
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-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 252.11 | −0.328% | $22K | $145K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 252.73 | −0.083% | $130K | $48K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0012% | 8h | 252.17 | −0.304% | $362K | $192K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0020% | 1h | 252.94 | +0.001% | $1K | $46K | 10x | as long as short |
| QFEX MRVL-USD | +0.0022% | 1h | 252.19 | −0.297% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 252.12 | −0.324% | $87K | $164K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 252.18 | −0.300% | $22K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 252.46 | −0.190% | — | $51K | 25x | as long as short |
| Paradex MRVL-USD-PERP | +0.0049% | 8h | 252.03 | −0.358% | — | — | 5x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 252.00 | −0.372% | $13.9M | $9.1M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 252.02 | −0.364% | $98K | $76K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 252.18 | −0.300% | $116 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 252.25 | −0.273% | $536K | $843K | 10x | as long as short |
| Nado MRVL-PERP | +0.0054% | 1h | 252.25 | −0.274% | $86K | $272K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTXshort | +0.0072% | 1h | 252.03 | −0.360% | $321K | $662K | 10x | |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 252.23 | −0.281% | $498K | $111K | 20x | as long as short |
| ApeX Omni MRVLUSDTlong | +0.0100% | 1h | 252.94 | long leg | $4K | $144K | 50x | |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 252.42 | −0.206% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 252.35 | −0.235% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0188% | 1h | 253.01 | +0.028% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 256.63 | +1.459% | $11K | $845 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0634% | 4h | 253.26 | +0.128% | $36K | $374K | 10x | as long as short |
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
Paradex MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Nado MRVL-PERP
KuCoin MRVLUSDTM
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC