MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.020%

Price spread now: Lighter against ApeX Omni+0.313%48s7-day average −0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$106as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$930.925% of the position

Long on ApeX Omni Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.131%−$13 on $10k

Price spread, last 4 days (all we have)−0.294%−$29 · spread now +0.313%, 7d avg −0.031%

Together, before fees−0.426%+ Points / potential airdropLighter: Season 3 · farm board−$43 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter is 0.344% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.313% now, against its 7-day average of −0.031%): +$34 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 17 days. The two prices were read 48 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	255.42	0.0100	pay 0.0013% / 1h	10m 29s	$4K	$139K	50x
Short	Lighter MRVL	256.22	0.0032	get 0.0004% / 1h	10m 29s	$89K	$202K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.313%Rate

Funding earned: −$14.28
Price spread: +0.313% → −0.031%: $34.44
Slippage, 4 orders: −$82.54
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$72.38
Costs to cover: 0.925%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 35 min ago; Lighter: live order book, 20 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, 35 min ago	24.19 bp	39.7 bp −$40	201.8 bp −$2,018	doesn't fit	doesn't fit
Sell Lighter live order book, 20 min ago	2.75 bp	4.3 bp −$4	8.9 bp −$89	19.7 bp −$1,965	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	−0.0853%	8h	256.33	+0.356%	$5.6M	$16.9M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.30	+0.344%	$302K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.14	+0.282%	$46K	$270K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.41	+0.389%	$23.7M	$112.3M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.28	+0.337%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.43	+0.395%	$6.8M	$23.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.35	+0.364%	$5.2M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.20	+0.305%	$711K	$485K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	254.92	−0.196%	$645	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	256.34	+0.360%	$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
HTX MRVL-USDT	0.0000%	8h	255.46	+0.016%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	255.32	−0.040%	$593	$48K	10x	as long as short
BloFin MRVL-USDT	+0.0018%	8h	256.30	+0.345%	$364K	$182K	50x	as long as short
QFEX MRVL-USD	+0.0030%	1h	256.21	+0.309%	$1.1M	$3.5M	10x	as long as short
Lighter MRVLshort	+0.0032%	1h	256.22	+0.313%	$89K	$202K	10x
Arcus MRVL-USD	+0.0040%	1h	255.49	+0.027%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.40	+0.384%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.17	+0.294%	$14.1M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.14	+0.282%	$102K	$80K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.83	+0.161%	$565K	$753K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0054%	8h	256.17	+0.295%	—	—	5x	as long as short
SoDEX MRVL-USD	+0.0089%	1h	256.02	+0.235%	$169	$15K	10x	as long as short
Nado MRVL-PERP	+0.0094%	1h	256.15	+0.285%	$87K	$272K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	253.60	−0.713%	$318K	$634K	10x	as long as short
ApeX Omni MRVLUSDTlong	+0.0100%	1h	255.42	long leg	$4K	$139K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.47	+0.411%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.29	+0.342%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0107%	8h	256.20	+0.305%	$507K	$64K	20x	as long as short
Phoenix MRVL	+0.0157%	1h	255.58	+0.063%	$11K	$12K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0218%	1h	256.29	+0.341%	$22K	$144K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+1.261%	$11K	$735	12x	as long as short
edgeX MRVLUSDC	+0.0971%	4h	255.61	+0.073%	$36K	$372K	10x	as long as short