MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.08 per $10,000 · paid last 24h −0.078%

Price spread now: Coinbase International against Nado+0.022%7-day average +0.060% · 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−$69as in the Price arb table

costs, in and out, $10k−$650.649% of the position

Long on Nado Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.326%−$33 on $10k

Price spread, last 4 days (all we have)+0.087%+$9 · spread now +0.022%, 7d avg +0.060%

Together, before fees−0.239%+ Points / potential airdropNado: Active · farm board−$24 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Coinbase International is 0.037% cheaper against Nado than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.060%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado MRVL-PERP	260.19	0.0124	pay 0.0016% / 1h	11m 54s	$89K	$272K	10x
Short	Coinbase International MRVL-PERP-INTX	260.25	0.0064	get 0.0008% / 1h	11m 54s	$334K	$626K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Nado. 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 NadobpFee Coinbase InternationalbpOrdersPrice spread, now +0.022%Rate

Funding earned: −$12.7
Price spread: +0.022% → +0.060%: −$3.75
Slippage, 4 orders: −$47.91
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$81.36
Costs to cover: 0.649%
Break-even: never at this rate

Slippage from Nado: live order book, 46 min ago; Coinbase International: live order book, 46 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 Nado live order book, 46 min ago	8.43 bp	21.2 bp −$21	33.5 bp −$335	doesn't fit	doesn't fit
Sell Coinbase International live order book, 46 min ago	0.19 bp	8.1 bp −$8	12.1 bp −$121	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
Aster MRVLUSDT	0.0000%	8h	260.44	+0.094%	$313K	$331K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	260.38	+0.072%	$47K	$345K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	260.47	+0.106%	$24.1M	$107.7M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.30	+0.042%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.34	+0.057%	$7.0M	$22.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.41	+0.084%	$5.6M	$8.2M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.44	+0.095%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.32	+0.049%	$717K	$634K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.30	+0.042%	$635	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.43	+0.092%	$867	$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
HTX MRVL-USDT	0.0000%	8h	260.17	−0.008%	$131K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0021%	1h	260.21	+0.007%	$657	$49K	10x	as long as short
BloFin MRVL-USDT	+0.0027%	8h	260.19	−0.001%	$374K	$171K	50x	as long as short
Lighter MRVL	+0.0032%	1h	260.39	+0.076%	$94K	$200K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	260.29	+0.038%	$1.1M	$3.6M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.11	−0.031%	$26K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.62	+0.165%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.29	+0.038%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.16	−0.012%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.35	+0.061%	$109	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.19	−0.001%	$575K	$679K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0054%	8h	260.27	+0.030%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTXshort	+0.0064%	1h	260.25	+0.022%	$334K	$626K	10x
KuCoin MRVLUSDTM	+0.0100%	8h	260.56	+0.142%	$514K	$60K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.39	+0.076%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.40	+0.080%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.33	+0.054%	$18	—	10x	as long as short
Nado MRVL-PERPlong	+0.0124%	1h	260.19	long leg	$89K	$272K	10x
Phoenix MRVL	+0.0153%	1h	260.39	+0.076%	$11K	$12K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0173%	1h	260.33	+0.053%	$23K	$144K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.30	+1.195%	$11K	$705	12x	as long as short
edgeX MRVLUSDC	+0.0972%	4h	260.23	+0.015%	$37K	$373K	10x	as long as short