Funding you earn now, next payment 08:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.021%
Price spread now: Coinbase International against OKX−0.095%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs+$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$350.351% of the position
Funding, last 7 days+0.428%+$43 on $10k
+Price spread, last 4 days (all we have)+0.025%+$3 · spread now −0.095%, 7d avg +0.027%
=Funding pays, the price is against you. Coinbase International is 0.122% cheaper against OKX than usual: you would sell low and buy high (spread −0.095% now, against its 7-day average of +0.027%). If the spread goes back, that is −$12 on $10k: about 5.6 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.428% in total) that is about 48 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MRVL-USDT-SWAP | 252.27 | 0 | get 0.0000% / 8h | 7h 35m | $6.7M | $24.1M | 50x |
| Short | Coinbase International MRVL-PERP-INTX | 252.03 | 0.0072 | get 0.0009% / 1h | 35m 07s | $321K | $662K | 10x |
OKX MRVL-USDT-SWAP
Coinbase International MRVL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against OKX. 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
- $15.12
- Price spread: −0.095% → +0.027%
- −$12.18
- Slippage, 4 orders
- −$15.11
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$32.17
- Costs to cover
- 0.351%
- Break-even
- 21.9 days
Slippage from OKX: live order book, 3 min ago; Coinbase International: live order book, 63 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 OKX live order book, 3 min ago | 0.20 bp | 7.7 bp −$8 | 14.5 bp −$145 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 63 min ago | 3.72 bp | 9.1 bp −$9 | 12.9 bp −$129 | 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 | −0.0407% | 8h | 252.26 | −0.004% | $5.5M | $17.6M | 20x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 252.48 | +0.082% | $298K | $336K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 252.14 | −0.051% | $47K | $300K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 252.29 | +0.008% | $23.3M | $115.6M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 252.12 | −0.059% | $4.9M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAPlong | 0.0000% | 8h | 252.27 | long leg | $6.7M | $24.1M | 50x | |
| Gate MRVL_USDT | 0.0000% | 8h | 252.24 | −0.012% | $4.9M | $8.5M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 252.28 | +0.005% | $707K | $457K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 252.95 | +0.270% | $210 | $182K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 252.17 | −0.040% | $1K | $5.7M | 10x | as long as short |
Bitget MRVLUSDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 252.11 | −0.063% | $22K | $145K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 252.73 | +0.182% | $130K | $48K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0012% | 8h | 252.17 | −0.040% | $362K | $192K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0020% | 1h | 252.94 | +0.266% | $1K | $46K | 10x | as long as short |
| QFEX MRVL-USD | +0.0022% | 1h | 252.19 | −0.032% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 252.12 | −0.059% | $87K | $164K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 252.18 | −0.036% | $22K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 252.46 | +0.075% | — | $51K | 25x | as long as short |
| Paradex MRVL-USD-PERP | +0.0049% | 8h | 252.03 | −0.093% | — | — | 5x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 252.00 | −0.107% | $13.9M | $9.1M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 252.02 | −0.099% | $98K | $76K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 252.18 | −0.036% | $116 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 252.25 | −0.008% | $536K | $843K | 10x | as long as short |
| Nado MRVL-PERP | +0.0054% | 1h | 252.25 | −0.009% | $86K | $272K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTXshort | +0.0072% | 1h | 252.03 | −0.095% | $321K | $662K | 10x | |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 252.25 | −0.008% | $498K | $110K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 252.94 | +0.266% | $4K | $144K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 252.42 | +0.059% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 252.35 | +0.030% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0188% | 1h | 253.01 | +0.293% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 256.63 | +1.728% | $11K | $845 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0634% | 4h | 253.26 | +0.394% | $36K | $374K | 10x | as long as short |
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
Paradex MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Nado MRVL-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC