MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0745%/8h= +81.6% APRnext payment +$7.45 per $10,000 · paid last 24h −0.005%

Price spread now: Gate against Bitget−0.051%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$480.482% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.397%−$40 on $10k

Price spread, last 7 days+0.017%+$2 · spread now −0.051%, 7d avg −0.025%

Together, before fees−0.379%−$38 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.025% cheaper against Bitget than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of −0.025%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$22 a day). Mind the row above: over the last 7 days funding on this pair cost −0.397%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.397% in total (about -20.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.45 per $10,000. 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	256.05	−0.0745	get 0.0745% / 8h	2h 02m	$5.6M	$17.0M	20x
Short	Gate MRVL_USDT	255.92	0	get 0.0000% / 8h	2h 02m	$5.2M	$8.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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 BitgetbpFee GatebpOrdersPrice spread, now −0.051%Rate

Funding earned: $156.45
Price spread: −0.051% → −0.025%: −$2.54
Slippage, 4 orders: −$21.21
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $105.69
Costs to cover: 0.482%
Break-even: 2.3 days

Slippage from Bitget: live order book, 2 min ago; Gate: live order book, 1 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	1.76 bp	8.7 bp −$9	11.9 bp −$119	30.8 bp −$3,081	doesn't fit
Sell Gate live order book, 1 min ago	2.54 bp	16.3 bp −$16	38.2 bp −$382	47.0 bp −$4,701	81.2 bp −$40.6K

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 MRVLUSDTlong	−0.0745%	8h	256.05	long leg	$5.6M	$17.0M	20x
BloFin MRVL-USDT	−0.0013%	8h	255.85	−0.078%	$361K	$182K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.89	−0.063%	$302K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.89	−0.063%	$46K	$265K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.92	−0.053%	$23.7M	$112.6M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.84	−0.082%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.03	−0.008%	$6.8M	$23.8M	50x	as long as short
Gate MRVL_USDTshort	0.0000%	8h	255.92	−0.051%	$5.2M	$8.6M	50x
Variational Omni MRVL	0.0000%	8h	256.06	+0.004%	$712K	$485K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.19	+0.055%	$648	$191K	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	255.93	−0.047%	$1K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.87	−0.070%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.69	−0.141%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	255.78	−0.105%	$672	$47K	10x	as long as short
QFEX MRVL-USD	+0.0030%	1h	255.90	−0.059%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.92	−0.051%	$89K	$202K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.65	−0.156%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.10	+0.020%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.81	−0.094%	$14.1M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.76	−0.113%	$101K	$80K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.82	−0.090%	$566K	$755K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	255.95	−0.039%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0092%	1h	255.92	−0.052%	$87K	$272K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	253.60	−0.957%	$318K	$634K	10x	as long as short
SoDEX MRVL-USD	+0.0098%	1h	255.88	−0.066%	$154	$15K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.71	−0.133%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.97	−0.031%	$2K	$3K	10x	as long as short
KuCoin MRVLUSDTM	+0.0103%	8h	255.92	−0.051%	$506K	$64K	20x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.91	−0.053%	$18	—	10x	as long as short
Phoenix MRVL	+0.0157%	1h	255.81	−0.094%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+1.012%	$11K	$735	12x	as long as short
edgeX MRVLUSDC	+0.0739%	4h	255.86	−0.075%	$36K	$374K	10x	as long as short