MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.016%

Price spread now: tradeXYZ against ApeX Omni−0.027%65s7-day average −0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$106as 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−$960.961% of the position

Long on ApeX Omni Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.095%−$9 on $10k

Price spread, last 4 days (all we have)+0.226%+$23 · spread now −0.027%, 7d avg −0.055%

Together, before fees+0.131%+ Points / potential airdroptradeXYZ: Active · farm board+$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. tradeXYZ is 0.028% dearer against ApeX Omni than usual: you sell high and buy low (spread −0.027% now, against its 7-day average of −0.055%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 45 hours. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MRVLUSDT	261.02	0.0100	pay 0.0013% / 1h	0m 22s	$4K	$141K	50x
Short	tradeXYZ xyz:MRVL	260.95	0.0050	get 0.0006% / 1h	0m 22s	$14.6M	$8.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.027%Rate

Funding earned: −$10.5
Price spread: −0.027% → −0.055%: $2.78
Slippage, 4 orders: −$68.08
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$103.8
Costs to cover: 0.961%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 60 min ago; tradeXYZ: live order book, 9 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, 60 min ago	23.05 bp	38.5 bp −$39	195.2 bp −$1,952	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 9 min ago	0.96 bp	11.6 bp −$12	15.1 bp −$151	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	+0.034%	$375K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	260.98	−0.017%	$313K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	261.05	+0.011%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.11	+0.034%	$7.0M	$22.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.19	+0.065%	$5.6M	$8.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	261.12	+0.038%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	261.16	+0.054%	$719K	$648K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	261.15	+0.052%	$376	$188K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	261.29	+0.103%	$1K	$6.1M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.98	−0.015%	$132K	$41K	50x	as long as short

Show 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	+0.017%	$606	$50K	10x	as long as short
Extended MRVL-USD	+0.0024%	1h	261.03	+0.005%	$47K	$351K	10x	as long as short
Binance MRVLUSDT	+0.0024%	8h	261.12	+0.039%	$24.3M	$107.7M	50x	as long as short
QFEX MRVL-USD	+0.0026%	1h	261.07	+0.019%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	261.16	+0.054%	$94K	$206K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0032%	1h	259.84	−0.452%	$334K	$630K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.89	−0.050%	$26K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.48	+0.176%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVLshort	+0.0050%	1h	260.95	−0.027%	$14.6M	$8.4M	10x
Polymarket Perps MRVL-USD	+0.0050%	1h	260.98	−0.015%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	261.17	+0.057%	$136	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.88	−0.054%	$577K	$681K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	261.02	0.000%	—	—	5x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0056%	1h	261.12	+0.038%	$23K	$144K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.01	−0.004%	$515K	$61K	20x	as long as short
ApeX Omni MRVLUSDTlong	+0.0100%	1h	261.02	long leg	$4K	$141K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	261.03	+0.004%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	261.03	+0.004%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0121%	1h	260.97	−0.017%	$89K	$274K	10x	as long as short
Phoenix MRVL	+0.0215%	1h	261.18	+0.061%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.39	+0.908%	$11K	$693	12x	as long as short
edgeX MRVLUSDC	+0.0796%	4h	261.25	+0.087%	$37K	$371K	10x	as long as short