MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.12 per $10,000 · paid last 24h +0.014%

Price spread now: Coinbase International against ApeX Omni−0.116%7-day average +0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$102as in the Price arb table

costs, in and out, $10k−$860.862% of the position

Long on ApeX Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.286%+$29 on $10k

Price spread, last 3 days (all we have)+0.220%+$22 · spread now −0.116%, 7d avg +0.045%

Together, before fees+0.506%+$51 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Coinbase International is 0.161% cheaper against ApeX Omni than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.045%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.286%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MRVLUSDT	259.48	0.0100	pay 0.0013% / 1h	35m 25s	$4K	$141K	50x
Short	Coinbase International MRVL-PERP-INTX	259.18	0.0008	get 0.0001% / 1h	35m 25s	$333K	$636K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against ApeX Omni. 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 ApeX OmnibpFee Coinbase InternationalbpOrdersPrice spread, now −0.116%Rate

Funding earned: −$19.32
Price spread: −0.116% → +0.045%: −$16.08
Slippage, 4 orders: −$66.16
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$121.57
Costs to cover: 0.862%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 30 min ago; Coinbase International: live order book, 33 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 ApeX Omni live order book, 30 min ago	24.09 bp	37.5 bp −$38	208.2 bp −$2,082	doesn't fit	doesn't fit
Sell Coinbase International live order book, 33 min ago	0.19 bp	7.6 bp −$8	12.1 bp −$121	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	−0.0023%	8h	260.60	+0.432%	$378K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	259.49	+0.003%	$311K	$329K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	259.41	−0.027%	$5.1M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.51	+0.012%	$7.0M	$22.2M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	259.49	+0.004%	$5.6M	$8.7M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	259.55	+0.027%	$5.6M	$16.3M	20x	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	259.91	+0.166%	$982	$194K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	259.57	+0.035%	$1K	$6.4M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	259.39	−0.035%	$22K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.86	+0.146%	$131K	$41K	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International MRVL-PERP-INTXshort	+0.0008%	1h	259.18	−0.116%	$333K	$636K	10x
Aftermath Perps MRVLUSD	+0.0013%	1h	259.73	+0.097%	$920	$51K	10x	as long as short
QFEX MRVL-USD	+0.0023%	1h	259.27	−0.081%	$1.1M	$3.8M	10x	as long as short
Variational Omni MRVL	+0.0028%	8h	259.48	+0.002%	$721K	$655K	—	as long as short
Lighter MRVL	+0.0032%	1h	259.41	−0.027%	$95K	$205K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.47	−0.004%	$25K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	259.72	+0.092%	—	$43K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.25	−0.089%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.36	−0.046%	$104K	$77K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.45	−0.012%	$88	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.26	−0.085%	$566K	$691K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	259.37	−0.041%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0077%	1h	259.25	−0.090%	$89K	$319K	10x	as long as short
Binance MRVLUSDT	+0.0084%	8h	259.50	+0.006%	$24.1M	$110.3M	50x	as long as short
Extended MRVL-USD	+0.0088%	1h	259.40	−0.030%	$47K	$347K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	259.59	+0.042%	$513K	$64K	20x	as long as short
ApeX Omni MRVLUSDTlong	+0.0100%	1h	259.48	long leg	$4K	$141K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.57	+0.035%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.54	+0.024%	$18	—	10x	as long as short
Phoenix MRVL	+0.0153%	1h	259.23	−0.096%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.37	+1.499%	$11K	$676	12x	as long as short
edgeX MRVLUSDC	+0.0924%	4h	259.80	+0.123%	$37K	$370K	10x	as long as short