Funding you earn now, next payment 07:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h −0.004%
Price spread now: QFEX against Ondo Perps+0.204%7-day average +0.055% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)−0.125%−$12 · spread now +0.204%, 7d avg +0.055%
=Together, before fees−0.193%+ Points / potential airdropOndo Perps: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.149% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.204% now, against its 7-day average of +0.055%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 30 days. At the pace of the last 4 days (−0.068% in total) that is about 8.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps MRVL-USD.P | 254.41 | 0.0050 | pay 0.0006% / 1h | 24m 29s | $549K | $806K | 10x |
| Short | QFEX MRVL-USD | 254.93 | 0.0034 | get 0.0004% / 1h | 24m 29s | $1.1M | $3.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$3.51
- Price spread: +0.204% → +0.055%
- $14.92
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$3.6
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; QFEX: live order book, 9 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 QFEX live order book, 9 min ago | 1.97 bp | 7.0 bp −$7 | 7.9 bp −$79 | 16.2 bp −$1,623 | 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 | −0.0837% | 8h | 255.01 | +0.236% | $5.5M | $17.1M | 20x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | −0.0064% | 1h | 254.89 | +0.189% | $22K | $144K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 254.97 | +0.221% | $301K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 254.73 | +0.126% | $47K | $270K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 254.93 | +0.205% | $23.5M | $113.5M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 254.85 | +0.173% | $5.0M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 254.86 | +0.177% | $6.8M | $24.1M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 254.81 | +0.157% | $5.1M | $8.6M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 254.90 | +0.193% | $709K | $473K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 254.83 | +0.165% | $800 | $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 | 254.93 | +0.204% | $2K | $6.0M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 254.86 | +0.177% | $131K | $47K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0012% | 8h | 254.88 | +0.185% | $363K | $184K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0013% | 1h | 254.67 | +0.101% | $682 | $47K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0024% | 1h | 254.33 | −0.031% | $332K | $650K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 254.83 | +0.165% | $88K | $169K | 10x | as long as short |
| QFEX MRVL-USDshort | +0.0034% | 1h | 254.93 | +0.204% | $1.1M | $3.5M | 10x | |
| Nado MRVL-PERP | +0.0036% | 1h | 254.89 | +0.187% | $87K | $272K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 254.58 | +0.067% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.11 | +0.275% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 254.83 | +0.165% | $13.9M | $9.0M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 254.76 | +0.138% | $101K | $82K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 254.79 | +0.149% | $138 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.Plong | +0.0050% | 1h | 254.41 | long leg | $549K | $806K | 10x | |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 254.82 | +0.162% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 254.83 | +0.165% | $504K | $66K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 254.69 | +0.110% | $4K | $140K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 254.89 | +0.189% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 254.86 | +0.177% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0156% | 1h | 254.59 | +0.071% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 257.82 | +1.340% | $11K | $853 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0819% | 4h | 254.79 | +0.148% | $36K | $372K | 10x | as long as short |
Bitget MRVLUSDT
Deribit MRVL_USDC-PERPETUAL
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Coinbase International MRVL-PERP-INTX
Lighter MRVL
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC