MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0711%/8h= −77.9% APRnext payment −$7.11 per $10,000 · paid last 24h −0.005%

Price spread now: Bitget against Binance+0.041%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$340.340% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.097%+$10 on $10k

Price spread, last 7 days−0.026%−$3 · spread now +0.041%, 7d avg −0.001%

Together, before fees+0.071%+$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.042% dearer against Binance than usual: you sell high and buy low (spread +0.041% now, against its 7-day average of −0.001%): +$4 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 5 hours. Mind the row above: over the last 7 days funding on this pair paid +0.097%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.097% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.11 per $10,000. 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	Binance MRVLUSDT	255.69	0	get 0.0000% / 8h	1h 10m	$23.5M	$113.9M	50x
Short	Bitget MRVLUSDT	255.79	−0.0711	pay 0.0711% / 8h	1h 10m	$5.6M	$17.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now +0.041%Rate

Funding earned: −$149.31
Price spread: +0.041% → −0.001%: $4.19
Slippage, 4 orders: −$12.04
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$179.16
Costs to cover: 0.340%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; Bitget: live order book, 3 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 Binance live order book, 2 min ago	0.39 bp	7.3 bp −$7	12.8 bp −$128	57.3 bp −$5,728	doesn't fit
Sell Bitget live order book, 3 min ago	1.17 bp	9.6 bp −$10	15.3 bp −$153	41.8 bp −$4,181	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 MRVLUSDTshort	−0.0711%	8h	255.79	+0.041%	$5.6M	$17.1M	20x
Aster MRVLUSDT	0.0000%	8h	255.61	−0.030%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.63	−0.020%	$47K	$266K	10x	as long as short
Binance MRVLUSDTlong	0.0000%	8h	255.69	long leg	$23.5M	$113.9M	50x
Bybit MRVLUSDT	0.0000%	8h	255.57	−0.045%	$5.0M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.57	−0.045%	$6.8M	$24.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.72	+0.013%	$5.2M	$8.7M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.70	+0.005%	$711K	$469K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.60	−0.033%	$797	$190K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	255.64	−0.018%	$1K	$6.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.60	−0.033%	$22K	$145K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.54	−0.057%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	255.39	−0.115%	$595	$47K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	254.33	−0.530%	$332K	$650K	10x	as long as short
BloFin MRVL-USDT	+0.0027%	8h	255.65	−0.014%	$364K	$186K	50x	as long as short
Lighter MRVL	+0.0032%	1h	255.68	−0.002%	$89K	$169K	10x	as long as short
QFEX MRVL-USD	+0.0034%	1h	255.63	−0.022%	$1.1M	$3.5M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.28	−0.159%	$23K	$27K	5x	as long as short
Nado MRVL-PERP	+0.0045%	1h	255.53	−0.059%	$87K	$272K	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.89	+0.080%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.58	−0.041%	$14.1M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.46	−0.088%	$101K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.61	−0.030%	$123	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.52	−0.065%	$542K	$851K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.56	−0.049%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	255.61	−0.030%	$506K	$66K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.68	−0.002%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.62	−0.026%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.62	−0.024%	$18	—	10x	as long as short
Phoenix MRVL	+0.0156%	1h	255.29	−0.155%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	257.82	+0.835%	$11K	$853	12x	as long as short
edgeX MRVLUSDC	+0.0576%	4h	255.40	−0.110%	$36K	$372K	10x	as long as short