Funding you earn now, next payment 05:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter against QFEX+0.047%7-day average −0.023% · 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−$24as in the Price arb table
costs, in and out, $10k−$310.314% of the position
Funding, last 4 days (all we have)+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.047%, 7d avg −0.023%
=Together, before fees−0.046%+ Points / potential airdropLighter: Season 3 · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.070% dearer against QFEX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX MRVL-USD | 255.69 | 0.0025 | pay 0.0003% / 1h | 4m 01s | $1.1M | $3.6M | 10x |
| Short | Lighter MRVL | 255.81 | 0.0032 | get 0.0004% / 1h | 4m 01s | $89K | $203K | 10x |
QFEX MRVL-USD
Lighter MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $1.56
- Price spread: +0.047% → −0.023%
- $7
- Slippage, 4 orders
- −$21.42
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$22.85
- Costs to cover
- 0.314%
- Break-even
- 109.4 days
Slippage from QFEX: live order book, 4 min ago; Lighter: live order book, 31 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, 4 min ago | 1.76 bp | 6.8 bp −$7 | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 31 min ago | 2.14 bp | 3.1 bp −$3 | 8.2 bp −$82 | 19.0 bp −$1,905 | 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 | −0.0487% | 8h | 255.97 | +0.110% | $5.5M | $16.4M | 20x | as long as short |
| BloFin MRVL-USDT | −0.0027% | 8h | 255.68 | −0.004% | $367K | $175K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.89 | +0.078% | $301K | $339K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.87 | +0.070% | $49K | $269K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 255.80 | +0.043% | $23.5M | $110.1M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.68 | −0.004% | $5.0M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.71 | +0.008% | $6.8M | $22.8M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.91 | +0.086% | $5.4M | $8.3M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 255.96 | +0.106% | $710K | $502K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 255.39 | −0.117% | $243 | $191K | 10x | as long as short |
Bitget MRVLUSDT
BloFin MRVL-USDT
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 | 256.04 | +0.137% | $1K | $6.0M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.72 | +0.012% | $129K | $42K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0022% | 1h | 255.70 | +0.003% | $628 | $48K | 10x | as long as short |
| QFEX MRVL-USDlong | +0.0025% | 1h | 255.69 | long leg | $1.1M | $3.6M | 10x | |
| Lighter MRVLshort | +0.0032% | 1h | 255.81 | +0.047% | $89K | $203K | 10x | |
| Arcus MRVL-USD | +0.0040% | 1h | 255.45 | −0.094% | $24K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.98 | +0.113% | — | $50K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 255.74 | +0.020% | $14.1M | $8.7M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 255.72 | +0.012% | $101K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.86 | +0.066% | $133 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.61 | −0.031% | $547K | $745K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 255.67 | −0.009% | — | — | 5x | as long as short |
| edgeX MRVLUSDC | +0.0087% | 4h | 255.33 | −0.140% | $36K | $372K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0088% | 1h | 255.30 | −0.153% | $321K | $633K | 10x | as long as short |
| Nado MRVL-PERP | +0.0095% | 1h | 255.70 | +0.004% | $87K | $272K | 10x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 255.74 | +0.020% | $4K | $140K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.84 | +0.059% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.84 | +0.059% | $18 | — | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0112% | 8h | 256.04 | +0.137% | $506K | $62K | 20x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0180% | 1h | 255.82 | +0.051% | $22K | $144K | 10x | as long as short |
| Phoenix MRVL | +0.0185% | 1h | 255.88 | +0.074% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 261.65 | +2.331% | $11K | $734 | 12x | as long as short |
SunX MRVL-USDT
HTX MRVL-USDT
Aftermath Perps MRVLUSD
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
edgeX MRVLUSDC
Coinbase International MRVL-PERP-INTX
Nado MRVL-PERP
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
KuCoin MRVLUSDTM
Deribit MRVL_USDC-PERPETUAL
Phoenix MRVL
Injective MRVL/USDC PERP