Funding you earn now, next payment 09:00 UTC+0.0222%/8h= +24.3% APRpaid last 24h +0.110%
Price spread now: edgeX against Ondo Perps−0.159%54s7-day average +0.070% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.045%+$4 on $10k
+Price spread, last 4 days (all we have)+0.360%+$36 · spread now −0.159%, 7d avg +0.070%
=Together, before fees+0.404%+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.230% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.159% now, against its 7-day average of +0.070%). If the spread goes back, that is −$23 on $10k: about 3.5 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.045% in total) that is about 36 days. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.045% in total (about 2.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps MRVL-USD.P | 252.11 | 0.0050 | pay 0.0006% / 1h | 19m 43s | $535K | $847K | 10x |
| Short | edgeX MRVLUSDC | 251.71 | 0.0272 | get 0.0136% / 4h | 3h 19m | $36K | $374K | 10x |
Ondo Perps MRVL-USD.P
edgeX MRVLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $46.54
- Price spread: −0.159% → +0.070%
- −$22.98
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $9.56
- Costs to cover
- 0.140%
- Break-even
- 5.6 days
Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 14 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 edgeX live order book, 14 min ago | 5.37 bp | 10.2 bp −$10 | 14.8 bp −$148 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MRVLUSDT | −0.0359% | 8h | 252.78 | +0.266% | $5.4M | $18.1M | 20x | as long as short |
| GRVT MRVL_USDT_Perp | −0.0148% | 8h | 251.63 | −0.190% | $289 | $182K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 252.40 | +0.113% | $298K | $337K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 252.24 | +0.050% | $45K | $303K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 252.59 | +0.191% | $23.2M | $118.2M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 252.68 | +0.226% | $5.0M | $4.2M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 252.65 | +0.214% | $6.8M | $24.7M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 252.73 | +0.246% | $4.9M | $8.6M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 252.42 | +0.122% | $704K | $457K | — | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 252.37 | +0.103% | $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 | −0.115% | $129K | $48K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 251.65 | −0.182% | $1K | $45K | 10x | as long as short |
| QFEX MRVL-USD | +0.0022% | 1h | 252.26 | +0.059% | $1.1M | $3.5M | 10x | as long as short |
| BloFin MRVL-USDT | +0.0028% | 8h | 252.26 | +0.059% | $368K | $197K | 50x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 252.70 | +0.234% | $88K | $164K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 252.00 | −0.044% | $22K | $27K | 5x | as long as short |
| Nado MRVL-PERP | +0.0043% | 1h | 252.16 | +0.020% | $86K | $276K | 10x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 252.37 | +0.103% | — | $51K | 25x | as long as short |
| Paradex MRVL-USD-PERP | +0.0049% | 8h | 252.13 | +0.006% | — | — | 5x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 252.64 | +0.210% | $13.8M | $9.3M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 252.10 | −0.004% | $98K | $76K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 252.32 | +0.083% | $161 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.Plong | +0.0050% | 1h | 252.11 | long leg | $535K | $847K | 10x | |
| Coinbase International MRVL-PERP-INTX | +0.0072% | 1h | 252.29 | +0.071% | $319K | $684K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 252.08 | −0.012% | $498K | $131K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 251.82 | −0.115% | $4K | $143K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 252.36 | +0.099% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 252.31 | +0.081% | $18 | — | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0107% | 1h | 252.24 | +0.052% | $22K | $145K | 10x | as long as short |
| Phoenix MRVL | +0.0188% | 1h | 251.86 | −0.099% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 256.63 | +1.793% | $11K | $845 | 12x | as long as short |
| edgeX MRVLUSDCshort | +0.0272% | 4h | 251.71 | −0.159% | $36K | $374K | 10x |
HTX MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
BloFin MRVL-USDT
Lighter MRVL
Arcus MRVL-USD
Nado MRVL-PERP
Vest MRVL-USD-PERP
Paradex MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Coinbase International MRVL-PERP-INTX
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Deribit MRVL_USDC-PERPETUAL
Phoenix MRVL
Injective MRVL/USDC PERP