MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h +0.091%

Price spread now: Nado against QFEX−0.032%7-day average −0.014% · 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−$62as in the Price arb table

costs, in and out, $10k−$610.606% of the position

Long on QFEX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.468%+$47 on $10k

Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.032%, 7d avg −0.014%

Together, before fees+0.537%+ Points / potential airdropNado: Active · farm board+$54 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX MRVL-USD	256.45	0.0030	pay 0.0004% / 1h	9m 18s	$1.1M	$3.5M	10x
Short	Nado MRVL-PERP	256.37	0.0094	get 0.0012% / 1h	9m 18s	$87K	$272K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against QFEX. 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 QFEXbpFee NadobpOrdersPrice spread, now −0.032%Rate

Funding earned: $13.49
Price spread: −0.032% → −0.014%: −$1.81
Slippage, 4 orders: −$43.64
Fee QFEX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$48.96
Costs to cover: 0.606%
Break-even: 32.4 days

Slippage from QFEX: live order book, 4 min ago; Nado: live order book, 38 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	1.56 bp	6.6 bp −$7	6.9 bp −$69	15.6 bp −$1,563	doesn't fit
Sell Nado live order book, 38 min ago	8.59 bp	28.4 bp −$28	42.3 bp −$423	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	−0.0830%	8h	256.31	−0.055%	$5.6M	$17.0M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.29	−0.063%	$302K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.20	−0.098%	$46K	$270K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.32	−0.051%	$23.7M	$112.3M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.22	−0.090%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.25	−0.078%	$6.8M	$23.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.34	−0.043%	$5.2M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.20	−0.097%	$711K	$485K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.31	−0.054%	$648	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	256.31	−0.055%	$2K	$6.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	256.28	−0.066%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	256.37	−0.031%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	255.51	−0.368%	$593	$48K	10x	as long as short
BloFin MRVL-USDT	+0.0018%	8h	256.30	−0.058%	$364K	$182K	50x	as long as short
QFEX MRVL-USDlong	+0.0030%	1h	256.45	long leg	$1.1M	$3.5M	10x
Lighter MRVL	+0.0032%	1h	256.42	−0.012%	$89K	$202K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.72	−0.285%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.57	+0.047%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.23	−0.086%	$14.1M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.25	−0.078%	$102K	$80K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.83	−0.242%	$565K	$753K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	256.43	−0.007%	—	—	5x	as long as short
Nado MRVL-PERPshort	+0.0094%	1h	256.37	−0.032%	$87K	$272K	10x
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	253.60	−1.111%	$318K	$634K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.12	−0.129%	$4K	$139K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.29	−0.062%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.24	−0.082%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0107%	8h	256.38	−0.027%	$507K	$64K	20x	as long as short
SoDEX MRVL-USD	+0.0128%	1h	256.27	−0.070%	$174	$15K	10x	as long as short
Phoenix MRVL	+0.0157%	1h	256.41	−0.016%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+0.854%	$11K	$735	12x	as long as short
edgeX MRVLUSDC	+0.0566%	4h	256.12	−0.128%	$36K	$373K	10x	as long as short