Funding you earn now, next payment 08:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.09 per $10,000 · paid last 24h +0.019%
Price spread now: ApeX Omni against QFEX−0.024%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$870.868% of the position
Funding, last 4 days (all we have)+0.084%+$8 on $10k
+Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.024%, 7d avg +0.010%
=Funding pays, the price is against you. ApeX Omni is 0.033% cheaper against QFEX than usual: you would sell low and buy high (spread −0.024% now, against its 7-day average of +0.010%). If the spread goes back, that is −$3 on $10k: about 35 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX MRVL-USD | 255.22 | 0.0025 | pay 0.0003% / 1h | 2m 56s | $1.1M | $3.5M | 10x |
| Short | ApeX Omni MRVLUSDT | 255.16 | 0.0100 | get 0.0013% / 1h | 2m 56s | $4K | $142K | 50x |
QFEX MRVL-USD
ApeX Omni MRVLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against QFEX. 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
- $15.74
- Price spread: −0.024% → +0.010%
- −$3.3
- Slippage, 4 orders
- −$66.84
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$74.4
- Costs to cover
- 0.868%
- Break-even
- 40.1 days
Slippage from QFEX: live order book, 5 min ago; ApeX Omni: live order book, 33 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 QFEX live order book, 5 min ago | 1.37 bp | 6.4 bp −$6 | 9.2 bp −$92 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 33 min ago | 22.89 bp | 40.5 bp −$41 | 204.3 bp −$2,043 | 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 | −0.0506% | 8h | 255.40 | +0.071% | $5.5M | $17.2M | 20x | as long as short |
| Coinbase International MRVL-PERP-INTX | −0.0008% | 1h | 255.27 | +0.020% | $335K | $652K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.18 | −0.016% | $301K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.19 | −0.012% | $50K | $303K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 255.22 | 0.000% | $23.5M | $113.7M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.14 | −0.031% | $5.0M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.23 | +0.004% | $6.8M | $24.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.32 | +0.039% | $5.1M | $8.7M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 255.16 | −0.023% | $715K | $468K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 255.14 | −0.031% | $388 | $188K | 10x | as long as short |
Bitget MRVLUSDT
Coinbase International MRVL-PERP-INTX
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 255.30 | +0.031% | $1K | $5.9M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 255.22 | 0.000% | $22K | $145K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.12 | −0.039% | $131K | $47K | 50x | as long as short |
| BloFin MRVL-USDT | 0.0000% | 8h | 255.24 | +0.008% | $366K | $189K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0016% | 1h | 255.16 | −0.023% | $646 | $45K | 10x | as long as short |
| QFEX MRVL-USDlong | +0.0025% | 1h | 255.22 | long leg | $1.1M | $3.5M | 10x | |
| Lighter MRVL | +0.0032% | 1h | 255.30 | +0.031% | $88K | $167K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 255.02 | −0.078% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.50 | +0.110% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 255.13 | −0.035% | $14.1M | $9.1M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 255.15 | −0.027% | $99K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.23 | +0.004% | $133 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.01 | −0.082% | $539K | $847K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 255.25 | +0.011% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0056% | 1h | 255.27 | +0.021% | $87K | $272K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 255.16 | −0.024% | $504K | $81K | 20x | as long as short |
| ApeX Omni MRVLUSDTshort | +0.0100% | 1h | 255.16 | −0.024% | $4K | $142K | 50x | |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.28 | +0.024% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.24 | +0.008% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0125% | 1h | 255.15 | −0.027% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.02 | +1.097% | $11K | $827 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0298% | 4h | 255.15 | −0.025% | $36K | $374K | 10x | as long as short |
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Nado MRVL-PERP
KuCoin MRVLUSDTM
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC