Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.23 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against BloFin−0.480%782s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as 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−$460.459% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 3 days (all we have)+0.479%+$48 · spread now −0.480%, 7d avg −0.025%
=Funding pays, the price is against you. Bybit is 0.454% cheaper against BloFin than usual: you would sell low and buy high (spread −0.480% now, against its 7-day average of −0.025%). If the spread goes back, that is −$45 on $10k: about 2 months of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.087%, so the current rate has only just turned in your favour. The two prices were read 782 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 36m | $378K | $171K | 50x |
| Short | Bybit MRVLUSDT | 259.35 | 0 | get 0.0000% / 8h | 6h 36m | $5.1M | $3.9M | 50x |
BloFin MRVL-USDT
Bybit MRVLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $4.76
- Price spread: −0.480% → −0.025%
- −$45.42
- Slippage, 4 orders
- −$22.85
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$86.51
- Costs to cover
- 0.459%
- Break-even
- 134.1 days
Slippage from BloFin: live order book, 29 min ago; Bybit: live order book, 2 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, 29 min ago | 0.19 bp | 7.5 bp −$7 | 11.7 bp −$117 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.35 bp | 15.8 bp −$16 | 29.1 bp −$291 | 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-USDTlong | −0.0023% | 8h | 260.60 | long leg | $378K | $171K | 50x | |
| Aster MRVLUSDT | 0.0000% | 8h | 259.54 | −0.407% | $312K | $329K | 50x | as long as short |
| Bybit MRVLUSDTshort | 0.0000% | 8h | 259.35 | −0.480% | $5.1M | $3.9M | 50x | |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 259.49 | −0.426% | $7.0M | $22.0M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 259.48 | −0.430% | $5.6M | $8.7M | 50x | 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 | 259.57 | −0.395% | $1K | $6.4M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 259.39 | −0.464% | $22K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 259.86 | −0.284% | $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 |
Aster MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Coinbase International MRVL-PERP-INTXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MRVLUSD | +0.0013% | 1h | 259.84 | −0.291% | $920 | $51K | 10x | as long as short |
| Bitget MRVLUSDT | +0.0020% | 8h | 259.51 | −0.418% | $5.6M | $16.3M | 20x | as long as short |
| QFEX MRVL-USD | +0.0023% | 1h | 259.37 | −0.472% | $1.1M | $3.9M | 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 | 259.44 | −0.445% | $95K | $205K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 259.59 | −0.388% | $25K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 259.79 | −0.311% | — | $43K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 259.31 | −0.495% | $14.6M | $8.3M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 259.43 | −0.449% | $104K | $77K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 259.45 | −0.441% | $88 | $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 | +0.0051% | 8h | 259.36 | −0.477% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0078% | 1h | 259.34 | −0.482% | $89K | $319K | 10x | as long as short |
| Binance MRVLUSDT | +0.0087% | 8h | 259.50 | −0.423% | $24.1M | $110.4M | 50x | as long as short |
| Extended MRVL-USD | +0.0088% | 1h | 259.43 | −0.449% | $47K | $347K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 259.61 | −0.380% | $513K | $64K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 259.91 | −0.265% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 259.51 | −0.418% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 259.49 | −0.427% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0153% | 1h | 260.19 | −0.157% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.37 | +1.063% | $11K | $676 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0924% | 4h | 259.80 | −0.307% | $37K | $370K | 10x | as long as short |
Aftermath Perps MRVLUSD
Bitget MRVLUSDT
QFEX MRVL-USD
Variational Omni MRVL
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Nado MRVL-PERP
Binance MRVLUSDT
Extended MRVL-USD
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC