MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.024%

Price spread now: Ondo Perps against Coinbase International+0.100%7-day average −0.102% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.348%−$35 on $10k

Price spread, last 3 days (all we have)−0.215%−$21 · spread now +0.100%, 7d avg −0.102%

Together, before fees−0.563%+ Points / potential airdropOndo Perps: Active · farm board−$56 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 0.202% dearer against Coinbase International than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.102%. Mind the row above: over the last 7 days funding on this pair cost −0.348%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International MRVL-PERP-INTX	260.17	0.0032	pay 0.0004% / 1h	49m 16s	$335K	$631K	10x
Short	Ondo Perps MRVL-USD.P	260.43	0.0050	get 0.0006% / 1h	49m 16s	$575K	$676K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Coinbase InternationalbpFee Ondo PerpsbpOrdersPrice spread, now +0.100%Rate

Funding earned: $3.86
Price spread: +0.100% → −0.102%: $20.19
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $9.05
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 14 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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 Coinbase International live order book, 14 min ago	4.42 bp	9.4 bp −$9	12.3 bp −$123	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	260.26	+0.036%	$312K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.04	−0.050%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.03	−0.054%	$7.0M	$22.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.28	+0.042%	$5.6M	$8.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.26	+0.035%	$5.5M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.51	+0.132%	$717K	$654K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.56	+0.148%	$466	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.35	+0.069%	$2K	$6.2M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	260.03	−0.054%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.63	+0.177%	$131K	$42K	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0015%	1h	260.32	+0.059%	$934	$50K	10x	as long as short
QFEX MRVL-USD	+0.0026%	1h	260.24	+0.027%	$1.1M	$3.7M	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.00	−0.065%	$95K	$203K	10x	as long as short
Coinbase International MRVL-PERP-INTXlong	+0.0032%	1h	260.17	long leg	$335K	$631K	10x
Arcus MRVL-USD	+0.0040%	1h	260.25	+0.031%	$25K	$26K	5x	as long as short
Binance MRVLUSDT	+0.0044%	8h	260.06	−0.042%	$24.2M	$107.9M	50x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.60	+0.165%	—	$45K	25x	as long as short
Extended MRVL-USD	+0.0048%	1h	260.06	−0.042%	$51K	$353K	10x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.07	−0.038%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.18	+0.004%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.07	−0.038%	$130	$15K	10x	as long as short
Ondo Perps MRVL-USD.Pshort	+0.0050%	1h	260.43	+0.100%	$575K	$676K	10x
Paradex MRVL-USD-PERP	+0.0052%	8h	260.24	+0.025%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.40	+0.088%	$514K	$62K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.49	+0.123%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.09	−0.031%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.03	−0.053%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0145%	1h	260.18	+0.004%	$89K	$273K	10x	as long as short
Phoenix MRVL	+0.0215%	1h	260.30	+0.050%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.39	+1.238%	$11K	$681	12x	as long as short
edgeX MRVLUSDC	+0.0421%	4h	260.63	+0.178%	$37K	$370K	10x	as long as short