Funding you earn now, next payment 04:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.019%
Price spread now: Coinbase International against QFEX0.000%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$340.339% of the position
Funding, last 4 days (all we have)+0.147%+$15 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now 0.000%, 7d avg +0.042%
=Funding pays, the price is against you. Coinbase International is 0.042% cheaper against QFEX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.042%). If the spread goes back, that is −$4 on $10k: about 2.2 days of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.147% in total) that is about 24 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX MRVL-USD | 257.16 | 0.0025 | pay 0.0003% / 1h | 40m 15s | $1.1M | $3.6M | 10x |
| Short | Coinbase International MRVL-PERP-INTX | 257.16 | 0.0088 | get 0.0011% / 1h | 40m 15s | $330K | $624K | 10x |
QFEX MRVL-USD
Coinbase International MRVL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $13.32
- Price spread: 0.000% → +0.042%
- −$4.15
- Slippage, 4 orders
- −$13.92
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$24.75
- Costs to cover
- 0.339%
- Break-even
- 20.0 days
Slippage from QFEX: live order book, 3 min ago; Coinbase International: live order book, 13 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, 3 min ago | 1.55 bp | 6.6 bp −$7 | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 13 min ago | 5.41 bp | 10.4 bp −$10 | 12.7 bp −$127 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDT | −0.0011% | 8h | 257.39 | +0.089% | $370K | $171K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 257.21 | +0.019% | $308K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 256.98 | −0.068% | $46K | $343K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 257.09 | −0.027% | $23.7M | $108.8M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 257.01 | −0.058% | $5.1M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 256.91 | −0.097% | $6.9M | $22.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 256.99 | −0.066% | $5.5M | $8.1M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 257.15 | −0.004% | $5.5M | $16.2M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 257.34 | +0.072% | $714K | $631K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 257.81 | +0.254% | $820 | $190K | 10x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
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 | 257.14 | −0.008% | $1K | $6.1M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 256.99 | −0.066% | $22K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 257.78 | +0.241% | $130K | $42K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 257.69 | +0.207% | $598 | $49K | 10x | as long as short |
| QFEX MRVL-USDlong | +0.0025% | 1h | 257.16 | long leg | $1.1M | $3.6M | 10x | |
| edgeX MRVLUSDC | +0.0027% | 4h | 257.78 | +0.243% | $36K | $371K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 257.00 | −0.062% | $89K | $203K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 257.38 | +0.086% | $25K | $26K | 5x | as long as short |
| Nado MRVL-PERP | +0.0041% | 1h | 257.18 | +0.009% | $88K | $272K | 10x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 257.60 | +0.171% | — | $50K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 256.99 | −0.066% | $14.4M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 256.97 | −0.074% | $102K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 257.02 | −0.054% | $190 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 256.98 | −0.070% | $573K | $720K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0053% | 8h | 257.15 | −0.004% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTXshort | +0.0088% | 1h | 257.16 | 0.000% | $330K | $624K | 10x | |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 257.37 | +0.082% | $509K | $61K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 257.78 | +0.241% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 256.99 | −0.066% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 257.01 | −0.059% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0185% | 1h | 257.70 | +0.210% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 261.65 | +1.746% | $11K | $734 | 12x | as long as short |
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
edgeX MRVLUSDC
Lighter MRVL
Arcus MRVL-USD
Nado MRVL-PERP
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP