Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.004%
Price spread now: Bitget against Lighter0.000%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$330.332% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 4 days (all we have)+0.057%+$6 · spread now 0.000%, 7d avg +0.050%
=Together, before fees+0.136%+ Points / potential airdropLighter: Season 3 · farm board+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.050% cheaper against Lighter than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.050%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.079%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MRVL | 260.90 | 0.0032 | pay 0.0004% / 1h | 37m 38s | $94K | $200K | 10x |
| Short | Bitget MRVLUSDT | 260.90 | 0 | get 0.0000% / 8h | 4h 37m | $5.6M | $16.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Lighter. 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
- −$6.72
- Price spread: 0.000% → +0.050%
- −$5.01
- Slippage, 4 orders
- −$21.23
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$44.96
- Costs to cover
- 0.332%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 2 min ago; Bitget: live order book, 1 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 Lighter live order book, 2 min ago | 2.11 bp | 11.4 bp −$11 | 12.3 bp −$123 | 21.3 bp −$2,126 | doesn't fit |
| Sell Bitget live order book, 1 min ago | 1.53 bp | 9.6 bp −$10 | 13.3 bp −$133 | 28.3 bp −$2,830 | 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-USDT | −0.0023% | 8h | 260.92 | +0.008% | $375K | $172K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 260.93 | +0.010% | $313K | $330K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 260.82 | −0.029% | $47K | $349K | 10x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.87 | −0.011% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.88 | −0.008% | $7.0M | $22.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.92 | +0.008% | $5.6M | $8.1M | 50x | as long as short |
| Bitget MRVLUSDTshort | 0.0000% | 8h | 260.90 | 0.000% | $5.6M | $16.0M | 20x | |
| Variational Omni MRVL | 0.0000% | 8h | 261.17 | +0.102% | $719K | $641K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 261.14 | +0.093% | $595 | $188K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.91 | +0.004% | $1K | $6.1M | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 260.81 | −0.034% | $23K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.89 | −0.004% | $132K | $42K | 50x | as long as short |
| Binance MRVLUSDT | +0.0002% | 8h | 260.92 | +0.008% | $24.3M | $107.7M | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0017% | 1h | 260.85 | −0.020% | $721 | $49K | 10x | as long as short |
| Lighter MRVLlong | +0.0032% | 1h | 260.90 | long leg | $94K | $200K | 10x | |
| QFEX MRVL-USD | +0.0038% | 1h | 260.86 | −0.015% | $1.1M | $3.6M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.71 | −0.073% | $26K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 261.26 | +0.138% | — | $49K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 260.76 | −0.054% | $14.5M | $8.3M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.74 | −0.061% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.84 | −0.023% | $120 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.89 | −0.004% | $577K | $681K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0053% | 8h | 260.84 | −0.025% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0064% | 1h | 259.84 | −0.406% | $334K | $629K | 10x | as long as short |
| Nado MRVL-PERP | +0.0089% | 1h | 260.86 | −0.016% | $89K | $272K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 261.07 | +0.065% | $516K | $60K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 261.06 | +0.061% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.86 | −0.015% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.83 | −0.028% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0153% | 1h | 261.25 | +0.134% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.69 | +1.069% | $11K | $700 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0988% | 4h | 261.12 | +0.084% | $37K | $370K | 10x | as long as short |
Lighter MRVL
Bitget MRVLUSDT
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Binance MRVLUSDT
Aftermath Perps MRVLUSD
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
Coinbase International MRVL-PERP-INTX
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC