Funding you earn now, next payment 02:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h +0.012%
Price spread now: QFEX against Bybit−0.050%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$410.413% of the position
Funding, last 3 days (all we have)+0.014%+$1 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now −0.050%, 7d avg −0.010%
=Funding pays, the price is against you. QFEX is 0.040% cheaper against Bybit than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of −0.010%). If the spread goes back, that is −$4 on $10k: about 5.7 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MRVLUSDT | 259.52 | 0 | get 0.0000% / 8h | 6h 33m | $5.1M | $3.9M | 50x |
| Short | QFEX MRVL-USD | 259.39 | 0.0023 | get 0.0003% / 1h | 33m 57s | $1.1M | $3.9M | 10x |
Bybit MRVLUSDT
QFEX MRVL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bybit. 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
- $4.89
- Price spread: −0.050% → −0.010%
- −$3.98
- Slippage, 4 orders
- −$20.31
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$40.4
- Costs to cover
- 0.413%
- Break-even
- 64.8 days
Slippage from Bybit: live order book, 4 min ago; QFEX: live order book, 4 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 Bybit live order book, 4 min ago | 1.35 bp | 12.8 bp −$13 | 35.1 bp −$351 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.35 bp | 6.3 bp −$6 | 7.8 bp −$78 | 16.5 bp −$1,654 | doesn't fit |
MRVL on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRVLUSDT | 0.0000% | 8h | 259.63 | +0.043% | $312K | $329K | 50x | as long as short |
| Bybit MRVLUSDTlong | 0.0000% | 8h | 259.52 | long leg | $5.1M | $3.9M | 50x | |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 259.48 | −0.015% | $7.0M | $22.2M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 259.49 | −0.012% | $5.6M | $8.7M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 259.58 | +0.023% | $5.6M | $16.3M | 20x | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 259.91 | +0.150% | $982 | $194K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 259.42 | −0.039% | $1K | $6.4M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 259.47 | −0.019% | $22K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 259.40 | −0.046% | $131K | $41K | 50x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0008% | 1h | 259.18 | −0.131% | $333K | $636K | 10x | as long as short |
Aster MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Coinbase International MRVL-PERP-INTXShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MRVLUSD | +0.0013% | 1h | 259.65 | +0.052% | $920 | $51K | 10x | as long as short |
| QFEX MRVL-USDshort | +0.0023% | 1h | 259.39 | −0.050% | $1.1M | $3.9M | 10x | |
| Variational Omni MRVL | +0.0028% | 8h | 259.48 | −0.014% | $721K | $655K | — | as long as short |
| Lighter MRVL | +0.0032% | 1h | 259.48 | −0.015% | $95K | $205K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 259.41 | −0.042% | $25K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 259.77 | +0.096% | — | $43K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 259.49 | −0.012% | $14.6M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 259.45 | −0.027% | $104K | $77K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 259.42 | −0.039% | $83 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 259.26 | −0.100% | $566K | $691K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 259.57 | +0.020% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0079% | 1h | 259.32 | −0.078% | $89K | $319K | 10x | as long as short |
| Extended MRVL-USD | +0.0080% | 1h | 259.51 | −0.004% | $47K | $347K | 10x | as long as short |
| Binance MRVLUSDT | +0.0083% | 8h | 259.60 | +0.030% | $24.1M | $110.3M | 50x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 259.74 | +0.085% | $514K | $64K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 259.48 | −0.015% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 259.56 | +0.015% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 259.54 | +0.008% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0153% | 1h | 259.23 | −0.112% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 262.62 | +1.195% | $11K | $679 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0924% | 4h | 259.80 | +0.108% | $37K | $370K | 10x | as long as short |
Aftermath Perps MRVLUSD
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
Extended MRVL-USD
Binance MRVLUSDT
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC