Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Bybit against Lighter0.000%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$420.418% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now 0.000%, 7d avg +0.003%
=Together, before fees−0.033%+ Points / potential airdropLighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MRVL | 254.25 | 0.0032 | pay 0.0004% / 1h | 39m 39s | $88K | $169K | 10x |
| Short | Bybit MRVLUSDT | 254.25 | 0 | get 0.0000% / 8h | 1h 39m | $5.0M | $4.0M | 50x |
Lighter MRVL
Bybit MRVLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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% → +0.003%
- −$0.31
- Slippage, 4 orders
- −$30.82
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$48.85
- Costs to cover
- 0.418%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 50 min ago; Bybit: 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 Lighter live order book, 50 min ago | 2.75 bp | 15.0 bp −$15 | 18.0 bp −$180 | 28.6 bp −$2,858 | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.97 bp | 10.7 bp −$11 | 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 | −0.0799% | 8h | 254.42 | +0.067% | $5.5M | $17.1M | 20x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | −0.0064% | 1h | 254.50 | +0.098% | $22K | $144K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 254.38 | +0.053% | $300K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 254.28 | +0.011% | $50K | $269K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 254.33 | +0.033% | $23.4M | $113.3M | 50x | as long as short |
| Bybit MRVLUSDTshort | 0.0000% | 8h | 254.25 | 0.000% | $5.0M | $4.0M | 50x | |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 254.30 | +0.020% | $6.7M | $24.1M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 254.32 | +0.028% | $5.1M | $8.6M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 254.25 | 0.000% | $708K | $478K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 254.52 | +0.107% | $621 | $191K | 10x | as long as short |
Bitget MRVLUSDT
Deribit MRVL_USDC-PERPETUAL
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 254.62 | +0.146% | $1K | $6.0M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 254.60 | +0.138% | $131K | $47K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0005% | 8h | 254.35 | +0.039% | $364K | $183K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0015% | 1h | 254.54 | +0.116% | $593 | $47K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0024% | 1h | 254.72 | +0.185% | $324K | $642K | 10x | as long as short |
| Lighter MRVLlong | +0.0032% | 1h | 254.25 | long leg | $88K | $169K | 10x | |
| QFEX MRVL-USD | +0.0034% | 1h | 254.53 | +0.110% | $1.1M | $3.5M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 254.27 | +0.008% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 254.71 | +0.181% | — | $51K | 25x | as long as short |
| Nado MRVL-PERP | +0.0049% | 1h | 254.39 | +0.054% | $87K | $272K | 10x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 254.19 | −0.024% | $14.0M | $8.9M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 254.33 | +0.031% | $101K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 254.40 | +0.059% | $148 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 254.35 | +0.039% | $552K | $789K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 254.27 | +0.007% | — | — | 5x | as long as short |
| edgeX MRVLUSDC | +0.0074% | 4h | 254.54 | +0.112% | $36K | $375K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 254.44 | +0.075% | $503K | $66K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 254.61 | +0.142% | $4K | $140K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 254.58 | +0.130% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 254.54 | +0.114% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0156% | 1h | 254.66 | +0.161% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 257.82 | +1.404% | $11K | $853 | 12x | as long as short |
SunX MRVL-USDT
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Coinbase International MRVL-PERP-INTX
QFEX MRVL-USD
Arcus MRVL-USD
Vest MRVL-USD-PERP
Nado MRVL-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
edgeX MRVLUSDC
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP