Funding you earn now, next payment 04:00 UTC+0.0796%/8h= +87.2% APRpaid last 24h +0.016%
Price spread now: edgeX against Bitget+0.030%114s7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as 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−$390.394% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)+0.078%+$8 · spread now +0.030%, 7d avg −0.010%
=Together, before fees+0.121%+ Points / potential airdropedgeX: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and edgeX is 0.040% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.010%. The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.043% in total (about 2.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MRVLUSDT | 261.17 | 0 | get 0.0000% / 8h | 5h 01m | $5.6M | $16.0M | 20x |
| Short | edgeX MRVLUSDC | 261.25 | 0.0796 | get 0.0398% / 4h | 1h 01m | $37K | $371K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bitget. 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
- $167.26
- Price spread: +0.030% → −0.010%
- $4
- Slippage, 4 orders
- −$18.45
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $131.81
- Costs to cover
- 0.394%
- Break-even
- 1.5 days
Slippage from Bitget: live order book, 2 min ago; edgeX: live order book, 62 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 Bitget live order book, 2 min ago | 1.34 bp | 10.0 bp −$10 | 13.8 bp −$138 | 30.9 bp −$3,092 | doesn't fit |
| Sell edgeX live order book, 62 min ago | 5.38 bp | 10.2 bp −$10 | 14.5 bp −$145 | 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-USDT | −0.0014% | 8h | 261.04 | −0.050% | $375K | $171K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 261.01 | −0.062% | $313K | $330K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 261.05 | −0.046% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 261.16 | −0.004% | $7.0M | $22.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 261.17 | 0.000% | $5.6M | $8.4M | 50x | as long as short |
| Bitget MRVLUSDTlong | 0.0000% | 8h | 261.17 | long leg | $5.6M | $16.0M | 20x | |
| Variational Omni MRVL | 0.0000% | 8h | 261.17 | +0.002% | $719K | $650K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 261.28 | +0.043% | $376 | $188K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 261.15 | −0.008% | $1K | $6.1M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 260.98 | −0.073% | $23K | $144K | 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 | 260.98 | −0.073% | $132K | $41K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 261.01 | −0.061% | $606 | $50K | 10x | as long as short |
| Extended MRVL-USD | +0.0024% | 1h | 261.08 | −0.034% | $47K | $351K | 10x | as long as short |
| Binance MRVLUSDT | +0.0024% | 8h | 261.17 | 0.000% | $24.3M | $107.7M | 50x | as long as short |
| QFEX MRVL-USD | +0.0026% | 1h | 261.00 | −0.065% | $1.1M | $3.6M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 261.24 | +0.027% | $94K | $206K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0032% | 1h | 259.84 | −0.509% | $334K | $630K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.88 | −0.111% | $26K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 261.39 | +0.084% | — | $49K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 261.02 | −0.057% | $14.6M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.89 | −0.107% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 261.11 | −0.023% | $151 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.88 | −0.111% | $577K | $681K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0053% | 8h | 261.14 | −0.013% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 261.08 | −0.034% | $516K | $61K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 261.12 | −0.019% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 261.09 | −0.031% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 261.05 | −0.046% | $18 | — | 10x | as long as short |
| Nado MRVL-PERP | +0.0123% | 1h | 260.93 | −0.091% | $89K | $275K | 10x | as long as short |
| Phoenix MRVL | +0.0215% | 1h | 261.18 | +0.004% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.39 | +0.850% | $11K | $693 | 12x | as long as short |
| edgeX MRVLUSDCshort | +0.0796% | 4h | 261.25 | +0.030% | $37K | $371K | 10x |
Bitget MRVLUSDT
edgeX MRVLUSDC
BloFin MRVL-USDT
Aster 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
Extended MRVL-USD
Binance MRVLUSDT
Lighter MRVL
Coinbase International MRVL-PERP-INTX
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Phoenix MRVL
Injective MRVL/USDC PERP