Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.005%
Price spread now: Binance against Ondo Perps+0.043%7-day average +0.087% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 4 days (all we have)−0.252%−$25 · spread now +0.043%, 7d avg +0.087%
=Together, before fees−0.335%+ Points / potential airdropOndo Perps: Active · farm board−$33 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 Binance is 0.044% cheaper against Ondo Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.087%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps MRVL-USD.P | 256.98 | 0.0050 | pay 0.0006% / 1h | 40m 14s | $573K | $720K | 10x |
| Short | Binance MRVLUSDT | 257.09 | 0 | get 0.0000% / 8h | 3h 40m | $23.7M | $108.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Ondo Perps. 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
- −$10.58
- Price spread: +0.043% → +0.087%
- −$4.39
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$29.97
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 3 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 3 min ago | 0.19 bp | 7.7 bp −$8 | 14.9 bp −$149 | 58.2 bp −$5,822 | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDT | −0.0011% | 8h | 257.39 | +0.160% | $370K | $171K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 257.21 | +0.089% | $308K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 256.98 | +0.002% | $46K | $343K | 10x | as long as short |
| Binance MRVLUSDTshort | 0.0000% | 8h | 257.09 | +0.043% | $23.7M | $108.8M | 50x | |
| Bybit MRVLUSDT | 0.0000% | 8h | 257.01 | +0.012% | $5.1M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 256.91 | −0.027% | $6.9M | $22.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 256.99 | +0.004% | $5.5M | $8.1M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 257.15 | +0.066% | $5.5M | $16.2M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 257.34 | +0.142% | $714K | $631K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 257.81 | +0.324% | $820 | $190K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 257.14 | +0.062% | $1K | $6.1M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 256.99 | +0.004% | $22K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 257.78 | +0.311% | $130K | $42K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 257.69 | +0.277% | $598 | $49K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 257.16 | +0.070% | $1.1M | $3.6M | 10x | as long as short |
| edgeX MRVLUSDC | +0.0027% | 4h | 257.78 | +0.313% | $36K | $371K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 257.00 | +0.008% | $89K | $203K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 257.38 | +0.156% | $25K | $26K | 5x | as long as short |
| Nado MRVL-PERP | +0.0041% | 1h | 257.18 | +0.079% | $88K | $272K | 10x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 257.60 | +0.241% | — | $50K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 256.99 | +0.004% | $14.4M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 256.97 | −0.004% | $102K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 257.02 | +0.016% | $190 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.Plong | +0.0050% | 1h | 256.98 | long leg | $573K | $720K | 10x | |
| Paradex MRVL-USD-PERP | +0.0053% | 8h | 257.15 | +0.066% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0088% | 1h | 257.16 | +0.070% | $330K | $624K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 257.37 | +0.152% | $509K | $61K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 257.78 | +0.311% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 256.99 | +0.004% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 257.01 | +0.011% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0185% | 1h | 257.70 | +0.280% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 261.65 | +1.817% | $11K | $734 | 12x | as long as short |
Binance MRVLUSDT
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
edgeX MRVLUSDC
Lighter MRVL
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
Coinbase International MRVL-PERP-INTX
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Phoenix MRVL
Injective MRVL/USDC PERP