MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.020%

Price spread now: Binance against Orderly−0.078%49s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.078% cheaper against Orderly than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_MRVL_USDC_mythos	255.58	0.0100	pay 0.0100% / 8h	48m 30s	$2K	$3K	10x
Short	Binance MRVLUSDT	255.38	0	get 0.0000% / 8h	48m 30s	$23.5M	$113.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Orderly. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OrderlybpFee BinancebpOrdersPrice spread, now −0.078%Rate

Funding earned: −$21
Price spread: −0.078% → 0.000%: −$7.83
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$44.83
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Binance: 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 Orderly no order-book sample	—	—	—	—	—
Sell Binance live order book, 9 min ago	0.20 bp	7.7 bp −$8	12.7 bp −$127	52.8 bp −$5,276	doesn't fit

Orderly: 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	−0.0604%	8h	255.51	−0.027%	$5.5M	$17.1M	20x	as long as short
BloFin MRVL-USDT	−0.0020%	8h	255.60	+0.008%	$367K	$187K	50x	as long as short
Coinbase International MRVL-PERP-INTX	−0.0008%	1h	254.95	−0.246%	$335K	$651K	10x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.31	−0.105%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.51	−0.027%	$46K	$309K	10x	as long as short
Binance MRVLUSDTshort	0.0000%	8h	255.38	−0.078%	$23.5M	$113.8M	50x
Bybit MRVLUSDT	0.0000%	8h	255.39	−0.074%	$5.0M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.42	−0.063%	$6.8M	$24.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.66	+0.031%	$5.2M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.03	−0.217%	$709K	$463K	—	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MRVL_USDT_Perp	0.0000%	8h	255.09	−0.193%	$426	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	255.66	+0.031%	$2K	$5.9M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.04	−0.211%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0017%	1h	255.40	−0.070%	$633	$46K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.39	−0.074%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.46	−0.047%	$88K	$167K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.13	−0.176%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.66	+0.031%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.34	−0.094%	$14.1M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.23	−0.137%	$99K	$84K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.40	−0.070%	$179	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.92	−0.258%	$532K	$858K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	255.53	−0.021%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0078%	1h	255.43	−0.059%	$87K	$272K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	255.49	−0.035%	$505K	$66K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.07	−0.200%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythoslong	+0.0100%	8h	255.58	long leg	$2K	$3K	10x
Aevo MRVL-PERP	+0.0104%	1h	255.53	−0.021%	$18	—	10x	as long as short
Phoenix MRVL	+0.0125%	1h	255.25	−0.129%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.10	+0.986%	$11K	$823	12x	as long as short
edgeX MRVLUSDC	+0.0255%	4h	255.06	−0.204%	$36K	$374K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0259%	1h	255.54	−0.016%	$22K	$145K	10x	as long as short