MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.085%

Price spread now: Nado against Deribit−0.037%7-day average −0.002% · 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−$71as in the Price arb table

costs, in and out, $10k−$670.671% of the position

Long on Deribit Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.376%+$38 on $10k

Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.037%, 7d avg −0.002%

Together, before fees+0.443%+ Points / potential airdropNado: Active · farm board+$44 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.035% cheaper against Deribit than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of −0.002%). If the spread goes back, that is −$4 on $10k: about 30 hours of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.376% in total) that is about 8 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit MRVL_USDC-PERPETUAL	256.01	0	get 0.0000% / 1h	5m 42s	$22K	$144K	10x
Short	Nado MRVL-PERP	255.92	0.0095	get 0.0012% / 1h	5m 42s	$87K	$272K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Deribit. 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 DeribitbpFee NadobpOrdersPrice spread, now −0.037%Rate

Funding earned: $19.85
Price spread: −0.037% → −0.002%: −$3.52
Slippage, 4 orders: −$53.1
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$50.77
Costs to cover: 0.671%
Break-even: 24.9 days

Slippage from Deribit: live order book, 48 min ago; Nado: live order book, 47 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 Deribit live order book, 48 min ago	6.76 bp	10.3 bp −$10	11.9 bp −$119	doesn't fit	doesn't fit
Sell Nado live order book, 47 min ago	4.45 bp	20.9 bp −$21	34.4 bp −$344	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
Bitget MRVLUSDT	−0.0474%	8h	255.80	−0.082%	$5.5M	$16.4M	20x	as long as short
BloFin MRVL-USDT	−0.0008%	8h	255.27	−0.289%	$367K	$174K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.79	−0.084%	$301K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.62	−0.153%	$49K	$269K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.69	−0.125%	$23.5M	$110.0M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.59	−0.164%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.60	−0.160%	$6.8M	$22.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.59	−0.164%	$5.4M	$8.3M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.96	−0.019%	$710K	$502K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.28	−0.285%	$243	$191K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	256.01	0.000%	$1K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUALlong	0.0000%	1h	256.01	long leg	$22K	$144K	10x
HTX MRVL-USDT	0.0000%	8h	255.46	−0.215%	$129K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0022%	1h	255.65	−0.140%	$593	$48K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.66	−0.137%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.69	−0.125%	$88K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.42	−0.230%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.10	+0.035%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.65	−0.141%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.91	−0.039%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.77	−0.094%	$133	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.69	−0.125%	$547K	$727K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.65	−0.142%	—	—	5x	as long as short
edgeX MRVLUSDC	+0.0087%	4h	255.33	−0.265%	$36K	$372K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.30	−0.277%	$321K	$633K	10x	as long as short
Nado MRVL-PERPshort	+0.0095%	1h	255.92	−0.037%	$87K	$272K	10x
ApeX Omni MRVLUSDT	+0.0100%	1h	255.28	−0.285%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.01	0.000%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.97	−0.016%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0111%	8h	255.96	−0.020%	$506K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	255.50	−0.199%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.203%	$11K	$734	12x	as long as short