MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0097%/8h= −10.7% APRnext payment −$0.12 per $10,000 · paid last 24h −0.010%

Price spread now: QFEX against Coinbase International+0.031%7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$370.371% of the position

Long on Coinbase International Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.149%−$15 on $10k

Price spread, last 4 days (all we have)−0.095%−$10 · spread now +0.031%, 7d avg −0.027%

Together, before fees−0.244%−$24 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.058% dearer against Coinbase International than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of −0.027%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 48 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International MRVL-PERP-INTX	254.68	0.0128	pay 0.0016% / 1h	8m 49s	$316K	$547K	10x
Short	QFEX MRVL-USD	254.76	0.0031	get 0.0004% / 1h	8m 49s	$1.2M	$3.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Coinbase International. 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 Coinbase InternationalbpFee QFEXbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$20.45
Price spread: +0.031% → −0.027%: $5.81
Slippage, 4 orders: −$17.12
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$51.76
Costs to cover: 0.371%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 42 min ago; QFEX: live order book, 3 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 Coinbase International live order book, 42 min ago	6.70 bp	11.7 bp −$12	14.6 bp −$146	doesn't fit	doesn't fit
Sell QFEX live order book, 3 min ago	1.77 bp	6.8 bp −$7	8.8 bp −$88	doesn't fit	doesn't fit

MRVL on 32 exchanges

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	254.62	−0.022%	$300K	$337K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	254.83	+0.059%	$46K	$300K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	254.93	+0.096%	$23.4M	$119.0M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	254.73	+0.020%	$5.0M	$4.2M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	254.88	+0.079%	$6.9M	$25.4M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	254.96	+0.110%	$5.0M	$8.6M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	254.96	+0.110%	$5.5M	$18.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	254.89	+0.082%	$708K	$214K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	254.92	+0.094%	$2K	$5.4M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	254.73	+0.020%	$131K	$48K	50x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0018%	1h	254.72	+0.015%	$1K	$44K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0025%	1h	254.78	+0.039%	$22K	$145K	10x	as long as short
BloFin MRVL-USDT	+0.0028%	8h	254.74	+0.024%	$372K	$209K	50x	as long as short
QFEX MRVL-USDshort	+0.0031%	1h	254.76	+0.031%	$1.2M	$3.5M	10x
Lighter MRVL	+0.0032%	1h	254.83	+0.059%	$88K	$164K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.44	−0.094%	$22K	$22K	5x	as long as short
Nado MRVL-PERP	+0.0044%	1h	254.76	+0.033%	$87K	$276K	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	254.99	+0.122%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	254.74	+0.024%	$14.0M	$9.3M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	254.88	+0.079%	$199	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.64	−0.016%	$539K	$862K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	254.65	−0.010%	—	—	5x	as long as short
GRVT MRVL_USDT_Perp	+0.0061%	8h	254.93	+0.100%	$943	$181K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	254.88	+0.079%	$503K	$213K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	254.64	−0.016%	$4K	$144K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	254.85	+0.067%	$2K	$2K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	254.84	+0.062%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTXlong	+0.0128%	1h	254.68	long leg	$316K	$547K	10x
Phoenix MRVL	+0.0157%	1h	254.96	+0.110%	$11K	$13K	10x	as long as short
Polymarket Perps MRVL-USD	+0.0174%	1h	255.20	+0.204%	$99K	$76K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	256.63	+0.766%	$11K	$832	12x	as long as short
edgeX MRVLUSDC	+0.0502%	4h	254.91	+0.090%	$36K	$374K	10x	as long as short