Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.7% APRnext payment −$0.03 per $10,000 · paid last 24h −0.083%
Price spread now: Lighter against Nado+0.002%7-day average −0.008% · 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−$73as in the Price arb table
costs, in and out, $10k−$740.738% of the position
Funding, last 4 days (all we have)−0.447%−$45 on $10k
+Price spread, last 4 days (all we have)−0.275%−$28 · spread now +0.002%, 7d avg −0.008%
=Together, before fees−0.723%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board−$72 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.008%, 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 | Nado MRVL-PERP | 255.27 | 0.0056 | pay 0.0007% / 1h | 3m 25s | $87K | $272K | 10x |
| Short | Lighter MRVL | 255.28 | 0.0032 | get 0.0004% / 1h | 3m 25s | $88K | $167K | 10x |
Nado MRVL-PERP
Lighter MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Nado. 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
- −$5.1
- Price spread: +0.002% → −0.008%
- $1.06
- Slippage, 4 orders
- −$66.83
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$77.87
- Costs to cover
- 0.738%
- Break-even
- never at this rate
Slippage from Nado: live order book, 34 min ago; Lighter: live order book, 16 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, 34 min ago | 8.61 bp | 22.3 bp −$22 | 36.4 bp −$364 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 16 min ago | 2.55 bp | 3.8 bp −$4 | 8.9 bp −$89 | 18.8 bp −$1,876 | 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 | −0.0506% | 8h | 255.43 | +0.061% | $5.5M | $17.2M | 20x | as long as short |
| Coinbase International MRVL-PERP-INTX | −0.0008% | 1h | 255.27 | −0.002% | $335K | $652K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.26 | −0.006% | $301K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.26 | −0.005% | $50K | $303K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 255.33 | +0.020% | $23.5M | $113.7M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.25 | −0.010% | $5.0M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.32 | +0.018% | $6.8M | $24.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.32 | +0.018% | $5.1M | $8.7M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 255.16 | −0.045% | $715K | $468K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 255.14 | −0.053% | $388 | $188K | 10x | as long as short |
Bitget MRVLUSDT
Coinbase International MRVL-PERP-INTX
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit 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 | 255.30 | +0.010% | $1K | $5.9M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.12 | −0.060% | $131K | $47K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0007% | 8h | 255.16 | −0.045% | $366K | $189K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0016% | 1h | 255.16 | −0.044% | $646 | $45K | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0024% | 1h | 255.30 | +0.010% | $22K | $145K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 255.22 | −0.021% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVLshort | +0.0032% | 1h | 255.28 | +0.002% | $88K | $167K | 10x | |
| Arcus MRVL-USD | +0.0040% | 1h | 255.02 | −0.100% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.50 | +0.088% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 255.15 | −0.049% | $14.1M | $9.1M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 255.15 | −0.049% | $99K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.24 | −0.013% | $133 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.01 | −0.104% | $539K | $847K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 255.25 | −0.010% | — | — | 5x | as long as short |
| Nado MRVL-PERPlong | +0.0056% | 1h | 255.27 | long leg | $87K | $272K | 10x | |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 255.19 | −0.033% | $504K | $79K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 255.16 | −0.045% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.24 | −0.013% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.20 | −0.030% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0125% | 1h | 255.15 | −0.049% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.02 | +1.076% | $11K | $827 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0298% | 4h | 255.15 | −0.047% | $36K | $374K | 10x | as long as short |
SunX MRVL-USDT
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Deribit MRVL_USDC-PERPETUAL
QFEX MRVL-USD
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC