Funding you earn now, next payment 08:00 UTC+0.0550%/8h= +60.2% APRpaid last 24h +0.044%
Price spread now: edgeX against Binance−0.006%50s7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as 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−$350.352% of the position
Funding, last 7 days+0.127%+$13 on $10k
+Price spread, last 4 days (all we have)−0.412%−$41 · spread now −0.006%, 7d avg −0.021%
=Together, before fees−0.285%+ Points / potential airdropedgeX: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate. The two prices were read 50 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 0.127% in total (about 6.6% 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 | Binance MRVLUSDT | 256.08 | 0 | get 0.0000% / 8h | 3h 14m | $23.5M | $109.8M | 50x |
| Short | edgeX MRVLUSDC | 256.06 | 0.0550 | get 0.0275% / 4h | 3h 14m | $36K | $374K | 10x |
Binance MRVLUSDT
edgeX MRVLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- $115.42
- Price spread: −0.006% → −0.021%
- $1.5
- Slippage, 4 orders
- −$16.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $81.75
- Costs to cover
- 0.352%
- Break-even
- 2.0 days
Slippage from Binance: live order book, 13 min ago; edgeX: live order book, 39 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, 13 min ago | 0.19 bp | 6.6 bp −$7 | 13.8 bp −$138 | 66.7 bp −$6,672 | doesn't fit |
| Sell edgeX live order book, 39 min ago | 5.41 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MRVLUSDT | −0.0298% | 8h | 256.20 | +0.049% | $5.5M | $16.4M | 20x | as long as short |
| BloFin MRVL-USDT | −0.0022% | 8h | 256.02 | −0.022% | $368K | $174K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 256.12 | +0.017% | $301K | $339K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 256.10 | +0.010% | $49K | $346K | 10x | as long as short |
| Binance MRVLUSDTlong | 0.0000% | 8h | 256.08 | long leg | $23.5M | $109.8M | 50x | |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.94 | −0.053% | $5.0M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 256.01 | −0.025% | $6.8M | $22.8M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 256.17 | +0.037% | $5.5M | $8.3M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 256.39 | +0.121% | $711K | $630K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 256.19 | +0.045% | $602 | $191K | 10x | as long as short |
Bitget MRVLUSDT
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 256.36 | +0.111% | $2K | $6.0M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 256.29 | +0.084% | $22K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.91 | −0.064% | $129K | $42K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0021% | 1h | 256.16 | +0.035% | $595 | $49K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 256.37 | +0.115% | $1.1M | $3.6M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 255.93 | −0.057% | $89K | $203K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 255.93 | −0.057% | $25K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 256.57 | +0.193% | — | $50K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 255.91 | −0.064% | $14.1M | $8.7M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 256.17 | +0.037% | $102K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 256.13 | +0.021% | $174 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 256.28 | +0.080% | $549K | $753K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 255.90 | −0.067% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0088% | 1h | 255.56 | −0.201% | $322K | $633K | 10x | as long as short |
| Nado MRVL-PERP | +0.0096% | 1h | 256.33 | +0.100% | $87K | $272K | 10x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 256.36 | +0.111% | $4K | $140K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 256.26 | +0.072% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 256.12 | +0.019% | $18 | — | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0112% | 8h | 256.20 | +0.049% | $507K | $62K | 20x | as long as short |
| Phoenix MRVL | +0.0185% | 1h | 256.05 | −0.010% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 261.65 | +2.177% | $11K | $734 | 12x | as long as short |
| edgeX MRVLUSDCshort | +0.0550% | 4h | 256.06 | −0.006% | $36K | $374K | 10x |
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Coinbase International MRVL-PERP-INTX
Nado MRVL-PERP
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
KuCoin MRVLUSDTM
Phoenix MRVL
Injective MRVL/USDC PERP