MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.11 per $10,000 · paid last 24h −0.006%

Price spread now: BloFin against Binance+0.024%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$310.307% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 4 days (all we have)+0.145%+$15 · spread now +0.024%, 7d avg −0.002%

Together, before fees+0.184%+$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.026% dearer against Binance than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.002%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 7.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MRVLUSDT	257.33	0	get 0.0000% / 8h	3h 41m	$23.7M	$108.8M	50x
Short	BloFin MRVL-USDT	257.39	−0.0011	pay 0.0011% / 8h	3h 41m	$370K	$171K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$2.33
Price spread: +0.024% → −0.002%: $2.61
Slippage, 4 orders: −$8.69
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$30.41
Costs to cover: 0.307%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; BloFin: live order book, 54 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 Binance live order book, 2 min ago	0.19 bp	6.0 bp −$6	11.4 bp −$114	57.3 bp −$5,727	doesn't fit
Sell BloFin live order book, 54 min ago	0.96 bp	9.7 bp −$10	14.3 bp −$143	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
BloFin MRVL-USDTshort	−0.0011%	8h	257.39	+0.024%	$370K	$171K	50x
Aster MRVLUSDT	0.0000%	8h	257.34	+0.004%	$309K	$331K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	257.27	−0.022%	$46K	$343K	10x	as long as short
Binance MRVLUSDTlong	0.0000%	8h	257.33	long leg	$23.7M	$108.8M	50x
Bybit MRVLUSDT	0.0000%	8h	257.23	−0.038%	$5.1M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	257.25	−0.030%	$6.9M	$22.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	257.34	+0.005%	$5.5M	$8.1M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	257.46	+0.052%	$5.5M	$16.2M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	257.94	+0.240%	$715K	$633K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	257.81	+0.189%	$820	$190K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	257.46	+0.052%	$1K	$6.1M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	257.26	−0.026%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	257.78	+0.176%	$130K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	257.82	+0.191%	$598	$49K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	257.25	−0.030%	$1.1M	$3.6M	10x	as long as short
edgeX MRVLUSDC	+0.0027%	4h	257.78	+0.178%	$36K	$371K	10x	as long as short
Lighter MRVL	+0.0032%	1h	257.25	−0.030%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	257.54	+0.083%	$25K	$26K	5x	as long as short
Nado MRVL-PERP	+0.0043%	1h	257.42	+0.034%	$88K	$272K	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	257.74	+0.160%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	257.25	−0.030%	$14.4M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	257.21	−0.046%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	257.33	+0.001%	$180	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	257.58	+0.098%	$573K	$721K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	257.28	−0.016%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	257.16	−0.065%	$330K	$624K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	257.56	+0.090%	$509K	$61K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	257.78	+0.176%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	257.34	+0.005%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	257.31	−0.007%	$18	—	10x	as long as short
Phoenix MRVL	+0.0185%	1h	257.70	+0.145%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+1.680%	$11K	$734	12x	as long as short