Funding you earn now, next payment 03:00 UTC+0.0746%/8h= +81.7% APRpaid last 24h +0.007%
Price spread now: edgeX against tradeXYZ+0.095%86s7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$430.431% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)−0.005%$0 · spread now +0.095%, 7d avg +0.064%
=Together, before fees+0.081%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and edgeX is 0.031% dearer against tradeXYZ than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.064%. The two prices were read 86 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 0.086% in total (about 4.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:MRVL | 261.00 | 0.0050 | pay 0.0006% / 1h | 0m 02s | $14.6M | $8.4M | 10x |
| Short | edgeX MRVLUSDC | 261.25 | 0.0796 | get 0.0398% / 4h | 1h 00m | $37K | $371K | 10x |
tradeXYZ xyz:MRVL
edgeX MRVLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $156.76
- Price spread: +0.095% → +0.064%
- $3.05
- Slippage, 4 orders
- −$16.08
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $116.73
- Costs to cover
- 0.431%
- Break-even
- 1.8 days
Slippage from tradeXYZ: live order book, 9 min ago; edgeX: live order book, 63 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, 9 min ago | 0.96 bp | 11.2 bp −$11 | 13.3 bp −$133 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 63 min ago | 5.38 bp | 10.2 bp −$10 | 14.5 bp −$145 | 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 | −0.0010% | 8h | 261.11 | +0.042% | $375K | $171K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 260.98 | −0.006% | $313K | $330K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 261.07 | +0.027% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 261.18 | +0.069% | $7.0M | $22.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 261.21 | +0.080% | $5.6M | $8.4M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 261.18 | +0.069% | $5.6M | $16.0M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 261.16 | +0.062% | $719K | $648K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 261.15 | +0.059% | $376 | $188K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 261.10 | +0.038% | $2K | $6.1M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.98 | −0.008% | $132K | $41K | 50x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
HTX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 261.06 | +0.024% | $606 | $50K | 10x | as long as short |
| Extended MRVL-USD | +0.0024% | 1h | 261.06 | +0.022% | $47K | $351K | 10x | as long as short |
| Binance MRVLUSDT | +0.0024% | 8h | 261.20 | +0.077% | $24.3M | $107.7M | 50x | as long as short |
| QFEX MRVL-USD | +0.0026% | 1h | 261.07 | +0.027% | $1.1M | $3.6M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 261.20 | +0.077% | $94K | $206K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0032% | 1h | 259.84 | −0.444% | $334K | $630K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.89 | −0.042% | $26K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 261.48 | +0.184% | — | $49K | 25x | as long as short |
| tradeXYZ xyz:MRVLlong | +0.0050% | 1h | 261.00 | long leg | $14.6M | $8.4M | 10x | |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.98 | −0.008% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 261.16 | +0.061% | $136 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.88 | −0.046% | $577K | $681K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0053% | 8h | 261.02 | +0.008% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 261.01 | +0.004% | $515K | $61K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 261.02 | +0.008% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 261.03 | +0.011% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 261.03 | +0.012% | $18 | — | 10x | as long as short |
| Nado MRVL-PERP | +0.0121% | 1h | 260.97 | −0.010% | $89K | $274K | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0133% | 1h | 261.03 | +0.011% | $23K | $144K | 10x | as long as short |
| Phoenix MRVL | +0.0215% | 1h | 261.18 | +0.069% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.39 | +0.916% | $11K | $693 | 12x | as long as short |
| edgeX MRVLUSDCshort | +0.0796% | 4h | 261.25 | +0.095% | $37K | $371K | 10x |
Aftermath Perps MRVLUSD
Extended MRVL-USD
Binance MRVLUSDT
QFEX MRVL-USD
Lighter MRVL
Coinbase International MRVL-PERP-INTX
Arcus MRVL-USD
Vest MRVL-USD-PERP
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
Nado MRVL-PERP
Deribit MRVL_USDC-PERPETUAL
Phoenix MRVL
Injective MRVL/USDC PERP