Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.005%
Price spread now: Binance against tradeXYZ+0.043%7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$350.354% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now +0.043%, 7d avg +0.103%
=Together, before fees−0.040%+ Points / potential airdroptradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.060% cheaper against tradeXYZ than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.103%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:MRVL | 255.35 | 0.0050 | pay 0.0006% / 1h | 31m 22s | $14.1M | $9.1M | 10x |
| Short | Binance MRVLUSDT | 255.46 | 0 | get 0.0000% / 8h | 31m 22s | $23.5M | $113.9M | 50x |
tradeXYZ xyz:MRVL
Binance MRVLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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
- −$10.5
- Price spread: +0.043% → +0.103%
- −$6.04
- Slippage, 4 orders
- −$7.4
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$51.94
- Costs to cover
- 0.354%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 8 min ago; Binance: live order book, 12 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 tradeXYZ live order book, 8 min ago | 0.98 bp | 10.0 bp −$10 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.20 bp | 7.0 bp −$7 | 13.3 bp −$133 | 58.4 bp −$5,843 | 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 | −0.0516% | 8h | 255.58 | +0.090% | $5.5M | $17.2M | 20x | as long as short |
| Coinbase International MRVL-PERP-INTX | −0.0008% | 1h | 255.58 | +0.090% | $336K | $654K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.46 | +0.044% | $301K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.37 | +0.009% | $50K | $308K | 10x | as long as short |
| Binance MRVLUSDTshort | 0.0000% | 8h | 255.46 | +0.043% | $23.5M | $113.9M | 50x | |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.41 | +0.023% | $5.0M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.47 | +0.047% | $6.8M | $24.6M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.51 | +0.063% | $5.1M | $8.6M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 255.45 | +0.037% | $716K | $468K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 255.73 | +0.147% | $391 | $189K | 10x | as long as short |
Bitget MRVLUSDT
Coinbase International MRVL-PERP-INTX
Aster MRVLUSDT
Extended MRVL-USD
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 | 255.49 | +0.055% | $2K | $5.9M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 255.38 | +0.012% | $22K | $145K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.49 | +0.055% | $131K | $47K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 255.42 | +0.027% | $780 | $46K | 10x | as long as short |
| BloFin MRVL-USDT | +0.0023% | 8h | 255.64 | +0.114% | $365K | $188K | 50x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 255.45 | +0.039% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 255.46 | +0.043% | $88K | $167K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 255.29 | −0.023% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.68 | +0.129% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVLlong | +0.0050% | 1h | 255.35 | long leg | $14.1M | $9.1M | 10x | |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 255.25 | −0.039% | $99K | $86K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.40 | +0.020% | $220 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.21 | −0.055% | $532K | $859K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 255.46 | +0.042% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0059% | 1h | 255.44 | +0.034% | $87K | $272K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0090% | 4h | 255.51 | +0.061% | $36K | $375K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 255.46 | +0.043% | $505K | $67K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 255.50 | +0.059% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.44 | +0.035% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.43 | +0.030% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0125% | 1h | 255.50 | +0.059% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.27 | +1.144% | $11K | $825 | 12x | as long as short |
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
BloFin MRVL-USDT
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Nado MRVL-PERP
edgeX MRVLUSDC
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP