Funding you earn now, next payment 12:00 UTC+0.0434%/8h= +47.5% APRpaid last 24h +0.125%
Price spread now: edgeX against SunX−0.185%46s7-day average −0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.183%+$18 on $10k
+Price spread, last 4 days (all we have)+0.283%+$28 · spread now −0.185%, 7d avg −0.003%
=Together, before fees+0.466%+ Points / potential airdropedgeX: Active · farm board+$47 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.182% cheaper against SunX than usual: you would sell low and buy high (spread −0.185% now, against its 7-day average of −0.003%). If the spread goes back, that is −$18 on $10k: about 34 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.183% in total) that is about 7.0 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.183% in total (about 9.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX MRVL-USDT | 254.77 | 0 | get 0.0000% / 8h | 6h 15m | $2K | $5.4M | 10x |
| Short | edgeX MRVLUSDC | 254.30 | 0.0434 | get 0.0217% / 4h | 2h 15m | $36K | $376K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against SunX. 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
- $91.17
- Price spread: −0.185% → −0.003%
- −$18.24
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $55.94
- Costs to cover
- 0.170%
- Break-even
- 2.7 days
Slippage unknown: SunX: live order book, 7 min ago; edgeX: live order book, 36 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 SunX live order book, 7 min ago | 45.24 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 36 min ago | 5.51 bp | 10.4 bp −$10 | 15.0 bp −$150 | doesn't fit | doesn't fit |
MRVL on 32 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRVLUSDT | 0.0000% | 8h | 254.64 | −0.051% | $300K | $337K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 254.90 | +0.052% | $46K | $303K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 254.98 | +0.082% | $23.4M | $119.1M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 254.81 | +0.016% | $5.0M | $4.2M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 254.93 | +0.063% | $6.9M | $25.4M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 254.97 | +0.079% | $5.0M | $8.6M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 255.02 | +0.098% | $5.5M | $18.6M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 254.90 | +0.049% | $708K | $214K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 254.43 | −0.132% | $247 | $180K | 10x | as long as short |
| SunX MRVL-USDTlong | 0.0000% | 8h | 254.77 | long leg | $2K | $5.4M | 10x |
Show all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRVL-USDT | 0.0000% | 8h | 253.99 | −0.306% | $131K | $48K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0004% | 8h | 254.14 | −0.247% | $372K | $207K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0017% | 1h | 254.39 | −0.148% | $1K | $44K | 10x | as long as short |
| Nado MRVL-PERP | +0.0030% | 1h | 254.82 | +0.019% | $87K | $276K | 10x | as long as short |
| QFEX MRVL-USD | +0.0031% | 1h | 254.95 | +0.071% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 254.77 | 0.000% | $88K | $164K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 254.49 | −0.110% | $22K | $22K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.06 | +0.114% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 254.74 | −0.012% | $14.0M | $9.5M | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 254.71 | −0.024% | $214 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 254.74 | −0.012% | $538K | $862K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 254.85 | +0.031% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 254.75 | −0.008% | $502K | $206K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 254.48 | −0.114% | $4K | $144K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 254.78 | +0.004% | $2K | $2K | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0103% | 1h | 254.70 | −0.027% | $22K | $145K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 254.75 | −0.009% | $18 | — | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0110% | 1h | 255.23 | +0.181% | $99K | $76K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0128% | 1h | 254.68 | −0.035% | $316K | $641K | 10x | as long as short |
| Phoenix MRVL | +0.0157% | 1h | 254.09 | −0.267% | $11K | $13K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 256.63 | +0.730% | $11K | $832 | 12x | as long as short |
| edgeX MRVLUSDCshort | +0.0434% | 4h | 254.30 | −0.185% | $36K | $376K | 10x |
SunX MRVL-USDT
edgeX MRVLUSDC
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
tradeXYZ xyz:MRVL
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Deribit MRVL_USDC-PERPETUAL
Polymarket Perps MRVL-USD
Coinbase International MRVL-PERP-INTX
Phoenix MRVL
Injective MRVL/USDC PERP