Funding you earn now, next payment 08:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.012%
Price spread now: Coinbase International against Lighter+0.044%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$430.428% of the position
Funding, last 7 days+0.388%+$39 on $10k
+Price spread, last 4 days (all we have)−0.175%−$17 · spread now +0.044%, 7d avg +0.048%
=Together, before fees+0.214%+ Points / potential airdropLighter: Season 3 · farm board+$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.048%, 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 | 252.18 | 0.0032 | pay 0.0004% / 1h | 20m 23s | $87K | $164K | 10x |
| Short | Coinbase International MRVL-PERP-INTX | 252.29 | 0.0072 | get 0.0009% / 1h | 20m 23s | $319K | $684K | 10x |
Lighter MRVL
Coinbase International MRVL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $8.4
- Price spread: +0.044% → +0.048%
- −$0.43
- Slippage, 4 orders
- −$32.85
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$34.88
- Costs to cover
- 0.428%
- Break-even
- 36.1 days
Slippage from Lighter: live order book, 59 min ago; Coinbase International: live order book, 13 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, 59 min ago | 2.55 bp | 12.7 bp −$13 | 13.7 bp −$137 | 23.6 bp −$2,358 | doesn't fit |
| Sell Coinbase International live order book, 13 min ago | 8.16 bp | 13.2 bp −$13 | 17.3 bp −$173 | 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 | −0.0359% | 8h | 252.35 | +0.067% | $5.4M | $18.0M | 20x | as long as short |
| GRVT MRVL_USDT_Perp | −0.0148% | 8h | 251.63 | −0.217% | $289 | $182K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 252.26 | +0.032% | $298K | $337K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 252.37 | +0.075% | $46K | $300K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 252.35 | +0.067% | $23.2M | $118.2M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 252.25 | +0.028% | $4.9M | $4.2M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 252.36 | +0.071% | $6.8M | $24.7M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 252.25 | +0.028% | $4.9M | $8.6M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 252.42 | +0.095% | $704K | $457K | — | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 252.37 | +0.075% | $2K | $5.7M | 10x | as long as short |
Bitget MRVLUSDT
GRVT MRVL_USDT_Perp
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
SunX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRVL-USDT | 0.0000% | 8h | 251.82 | −0.143% | $129K | $48K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 251.65 | −0.210% | $1K | $45K | 10x | as long as short |
| QFEX MRVL-USD | +0.0022% | 1h | 252.26 | +0.032% | $1.1M | $3.5M | 10x | as long as short |
| BloFin MRVL-USDT | +0.0028% | 8h | 252.26 | +0.032% | $368K | $197K | 50x | as long as short |
| Lighter MRVLlong | +0.0032% | 1h | 252.18 | long leg | $87K | $164K | 10x | |
| Arcus MRVL-USD | +0.0040% | 1h | 252.00 | −0.071% | $22K | $27K | 5x | as long as short |
| Nado MRVL-PERP | +0.0043% | 1h | 252.16 | −0.008% | $86K | $276K | 10x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 252.37 | +0.075% | — | $51K | 25x | as long as short |
| Paradex MRVL-USD-PERP | +0.0049% | 8h | 252.13 | −0.022% | — | — | 5x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 252.11 | −0.028% | $13.8M | $9.3M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 252.10 | −0.032% | $98K | $76K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 252.32 | +0.056% | $161 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 252.11 | −0.028% | $535K | $847K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTXshort | +0.0072% | 1h | 252.29 | +0.044% | $319K | $684K | 10x | |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 252.04 | −0.056% | $498K | $130K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 251.82 | −0.143% | $4K | $143K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 252.36 | +0.071% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 252.31 | +0.053% | $18 | — | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0107% | 1h | 252.24 | +0.024% | $22K | $145K | 10x | as long as short |
| Phoenix MRVL | +0.0188% | 1h | 251.86 | −0.127% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 256.63 | +1.765% | $11K | $845 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0272% | 4h | 251.71 | −0.187% | $36K | $374K | 10x | as long as short |
HTX MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
BloFin MRVL-USDT
Arcus MRVL-USD
Nado MRVL-PERP
Vest MRVL-USD-PERP
Paradex MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Deribit MRVL_USDC-PERPETUAL
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC