MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.004%

Price spread now: Deribit against ApeX Omni−0.177%7-day average −0.018% · 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−$109as in the Price arb table

costs, in and out, $10k−$940.937% of the position

Long on ApeX Omni Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.019%−$2 on $10k

Price spread, last 3 days (all we have)+0.188%+$19 · spread now −0.177%, 7d avg −0.018%

Together, before fees+0.169%+$17 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 Deribit is 0.158% 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 −0.018%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MRVLUSDT	260.49	0.0100	pay 0.0013% / 1h	48m 42s	$4K	$141K	50x
Short	Deribit MRVL_USDC-PERPETUAL	260.03	0	get 0.0000% / 1h	48m 42s	$23K	$143K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.177%Rate

Funding earned: −$21
Price spread: −0.177% → −0.018%: −$15.82
Slippage, 4 orders: −$76.68
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$130.49
Costs to cover: 0.937%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 12 min ago; Deribit: live order book, 15 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, 12 min ago	23.05 bp	38.5 bp −$39	195.2 bp −$1,952	doesn't fit	doesn't fit
Sell Deribit live order book, 15 min ago	6.34 bp	10.6 bp −$11	12.7 bp −$127	doesn't fit	doesn't fit

MRVL on 31 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
Aster MRVLUSDT	0.0000%	8h	260.14	−0.134%	$312K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	259.94	−0.211%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.92	−0.219%	$7.0M	$22.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.12	−0.142%	$5.6M	$8.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.10	−0.150%	$5.5M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.51	+0.009%	$717K	$654K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.56	+0.025%	$466	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.35	−0.054%	$2K	$6.2M	10x	as long as short
Deribit MRVL_USDC-PERPETUALshort	0.0000%	1h	260.03	−0.177%	$23K	$143K	10x
HTX MRVL-USDT	0.0000%	8h	260.63	+0.054%	$131K	$42K	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0015%	1h	260.32	−0.064%	$934	$50K	10x	as long as short
QFEX MRVL-USD	+0.0026%	1h	260.24	−0.096%	$1.1M	$3.7M	10x	as long as short
Lighter MRVL	+0.0032%	1h	259.95	−0.207%	$95K	$203K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0032%	1h	260.17	−0.123%	$335K	$631K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.25	−0.092%	$25K	$26K	5x	as long as short
Binance MRVLUSDT	+0.0043%	8h	260.00	−0.188%	$24.1M	$107.9M	50x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.60	+0.042%	—	$45K	25x	as long as short
Extended MRVL-USD	+0.0048%	1h	259.93	−0.213%	$51K	$353K	10x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.85	−0.246%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.18	−0.119%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.07	−0.161%	$130	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.43	−0.023%	$575K	$676K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	259.94	−0.213%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.20	−0.111%	$514K	$62K	20x	as long as short
ApeX Omni MRVLUSDTlong	+0.0100%	1h	260.49	long leg	$4K	$141K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.09	−0.154%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.03	−0.176%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0145%	1h	260.18	−0.119%	$89K	$273K	10x	as long as short
Phoenix MRVL	+0.0215%	1h	260.30	−0.073%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.39	+1.113%	$11K	$681	12x	as long as short
edgeX MRVLUSDC	+0.0421%	4h	260.63	+0.055%	$37K	$370K	10x	as long as short