MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.013%

Price spread now: Deribit against ApeX Omni−0.070%46s7-day average −0.021% · you buy dearer than you sell

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−$920.917% of the position

Long on ApeX Omni Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.018%−$2 on $10k

Price spread, last 4 days (all we have)+0.105%+$10 · spread now −0.070%, 7d avg −0.021%

Together, before fees+0.087%+$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.049% cheaper against ApeX Omni than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.021%). 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	ApeX Omni MRVLUSDT	256.60	0.0100	pay 0.0013% / 1h	43m 22s	$4K	$144K	50x
Short	Deribit MRVL_USDC-PERPETUAL	256.42	0	get 0.0000% / 1h	43m 22s	$22K	$145K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee DeribitbpOrdersPrice spread, now −0.070%Rate

Funding earned: −$21
Price spread: −0.070% → −0.021%: −$4.94
Slippage, 4 orders: −$74.72
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$117.66
Costs to cover: 0.917%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, just now; Deribit: live order book, 3 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, just now	27.28 bp	36.3 bp −$36	195.8 bp −$1,958	doesn't fit	doesn't fit
Sell Deribit live order book, 3 min ago	5.65 bp	9.2 bp −$9	12.3 bp −$123	doesn't fit	doesn't fit

MRVL on 32 exchanges

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	−0.0018%	8h	256.53	−0.027%	$377K	$215K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.46	−0.056%	$302K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.44	−0.061%	$46K	$289K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.51	−0.035%	$23.5M	$120.3M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.47	−0.051%	$4.9M	$4.2M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.48	−0.047%	$7.0M	$26.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.52	−0.031%	$5.0M	$8.6M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	256.55	−0.019%	$5.5M	$19.3M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	256.64	+0.015%	$713K	$215K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	256.50	−0.039%	$1K	$5.3M	10x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUALshort	0.0000%	1h	256.42	−0.070%	$22K	$145K	10x
HTX MRVL-USDT	0.0000%	8h	256.43	−0.066%	$132K	$49K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	256.55	−0.018%	$1K	$42K	10x	as long as short
Nado MRVL-PERP	+0.0032%	1h	256.39	−0.081%	$87K	$275K	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.16	−0.171%	$104K	$181K	10x	as long as short
Injective MRVL/USDC PERP	+0.0033%	1h	256.63	+0.012%	$11K	$823	12x	as long as short
QFEX MRVL-USD	+0.0034%	1h	256.45	−0.058%	$1.2M	$3.5M	10x	as long as short
tradeXYZ xyz:MRVL	+0.0035%	1h	256.33	−0.105%	$14.1M	$9.5M	10x	as long as short
edgeX MRVLUSDC	+0.0036%	4h	256.47	−0.049%	$36K	$377K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.23	−0.144%	$22K	$23K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.79	+0.074%	—	$46K	25x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.49	−0.043%	$98K	$104K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	256.41	−0.074%	$185	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.25	−0.136%	$545K	$863K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	256.30	−0.119%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	256.69	+0.035%	$507K	$243K	20x	as long as short
ApeX Omni MRVLUSDTlong	+0.0100%	1h	256.60	long leg	$4K	$144K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.49	−0.043%	$2K	$2K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.43	−0.067%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0136%	1h	256.34	−0.101%	$317K	$445K	10x	as long as short
Phoenix MRVL	+0.0187%	1h	256.51	−0.035%	$11K	$13K	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0212%	8h	257.02	+0.163%	$224	$177K	10x	as long as short