MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0106%/8h= +11.6% APRnext payment +$1.06 per $10,000 · paid last 24h +0.011%

Price spread now: Binance against BloFin−0.412%871s7-day average +0.010% · you buy dearer than you sell

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−$310.310% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.036%−$4 on $10k

Price spread, last 2 days (all we have)+0.423%+$42 · spread now −0.412%, 7d avg +0.010%

Together, before fees+0.387%+$39 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.421% cheaper against BloFin than usual: you would sell low and buy high (spread −0.412% now, against its 7-day average of +0.010%). If the spread goes back, that is −$42 on $10k: about 13 days of funding at the current rate (+$3 a day). The two prices were read 871 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	BloFin MRVL-USDT	260.60	−0.0023	get 0.0023% / 8h	6h 34m	$378K	$171K	50x
Short	Binance MRVLUSDT	259.53	0.0083	get 0.0083% / 8h	6h 34m	$24.1M	$110.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now −0.412%Rate

Funding earned: $22.22
Price spread: −0.412% → +0.010%: −$42.13
Slippage, 4 orders: −$8.96
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$50.88
Costs to cover: 0.310%
Break-even: 23.0 days

Slippage from BloFin: live order book, 30 min ago; Binance: live order book, 8 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 BloFin live order book, 30 min ago	0.19 bp	7.5 bp −$7	11.7 bp −$117	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	0.19 bp	6.8 bp −$7	14.0 bp −$140	54.7 bp −$5,471	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-USDTlong	−0.0023%	8h	260.60	long leg	$378K	$171K	50x
Aster MRVLUSDT	0.0000%	8h	259.64	−0.369%	$312K	$329K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	259.47	−0.434%	$5.1M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.31	−0.495%	$7.0M	$22.2M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	259.59	−0.388%	$5.6M	$8.7M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	259.55	−0.403%	$5.6M	$16.3M	20x	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	259.91	−0.265%	$982	$194K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	259.61	−0.380%	$1K	$6.4M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.40	−0.460%	$131K	$41K	50x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0008%	1h	259.18	−0.545%	$333K	$636K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0013%	1h	259.73	−0.334%	$920	$51K	10x	as long as short
QFEX MRVL-USD	+0.0023%	1h	259.27	−0.510%	$1.1M	$3.8M	10x	as long as short
Variational Omni MRVL	+0.0028%	8h	259.48	−0.428%	$721K	$655K	—	as long as short
Lighter MRVL	+0.0032%	1h	259.57	−0.395%	$95K	$205K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.41	−0.457%	$25K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	259.72	−0.338%	—	$43K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.43	−0.449%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.36	−0.476%	$104K	$77K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.38	−0.468%	$83	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.26	−0.514%	$566K	$691K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	259.57	−0.395%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0077%	1h	259.25	−0.520%	$89K	$319K	10x	as long as short
Binance MRVLUSDTshort	+0.0083%	8h	259.53	−0.412%	$24.1M	$110.4M	50x
Extended MRVL-USD	+0.0088%	1h	259.44	−0.447%	$47K	$347K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	259.75	−0.326%	$514K	$64K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	259.48	−0.430%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.57	−0.395%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.54	−0.405%	$18	—	10x	as long as short
Phoenix MRVL	+0.0153%	1h	259.23	−0.526%	$11K	$12K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0174%	1h	259.54	−0.407%	$22K	$143K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	262.62	+0.775%	$11K	$679	12x	as long as short
edgeX MRVLUSDC	+0.0924%	4h	259.80	−0.307%	$37K	$370K	10x	as long as short