Settings8H · net · $10k
Funding arb · Price arb /

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0553%/8h= +60.6% APRpaid last 24h +0.004%
Price spread now: Lighter against Bitget−0.110%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$350.349% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.079%−$8 on $10k
Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.110%, 7d avg −0.050%
Together, before fees−0.023%+ Points / potential airdropLighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.060% cheaper against Bitget than usual: you would sell low and buy high (spread −0.110% now, against its 7-day average of −0.050%). If the spread goes back, that is −$6 on $10k: about 9 hours of funding at the current rate (+$17 a day). Mind the row above: over the last 7 days funding on this pair cost −0.079%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.079% in total (about -4.1% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MRVLUSDT255.39−0.0521get 0.0521% / 8h10m 39s$5.5M$17.2M20x
ShortLighter MRVL255.110.0032get 0.0004% / 1h10m 39s$88K$167K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Bitget. 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

Funding earned
$116.13
Price spread: −0.110% → −0.050%
−$6.01
Slippage, 4 orders
−$22.94
Fee Bitget: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
$75.17
Costs to cover
0.349%
Break-even
2.5 days
Slippage from Bitget: live order book, 3 min ago; Lighter: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago1.37 bp9.4 bp −$910.5 bp −$10525.2 bp −$2,52375.2 bp −$37.6K
Sell Lighter live order book, 9 min ago2.55 bp3.8 bp −$48.9 bp −$8918.8 bp −$1,876doesn't fit

MRVL on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MRVLUSDTlong−0.0521%8h255.39long leg$5.5M$17.2M20x
Coinbase International MRVL-PERP-INTX−0.0008%1h255.11−0.110%$335K$652K10xas long as short
Aster MRVLUSDT0.0000%8h255.15−0.094%$301K$341K50xas long as short
Extended MRVL-USD0.0000%1h255.01−0.149%$50K$303K10xas long as short
Binance MRVLUSDT0.0000%8h255.17−0.086%$23.5M$113.8M50xas long as short
Bybit MRVLUSDT0.0000%8h255.06−0.129%$5.0M$4.1M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h255.25−0.055%$6.8M$24.6M50xas long as short
Gate MRVL_USDT0.0000%8h255.13−0.102%$5.1M$8.7M50xas long as short
Variational Omni MRVL0.0000%8h255.09−0.116%$714K$468Kas long as short
GRVT MRVL_USDT_Perp0.0000%8h255.43+0.015%$968$187K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX MRVL-USDT0.0000%8h255.13−0.102%$1K$5.9M10xas long as short
Deribit MRVL_USDC-PERPETUAL0.0000%1h255.05−0.133%$22K$145K10xas long as short
HTX MRVL-USDT0.0000%8h255.13−0.102%$131K$47K50xas long as short
BloFin MRVL-USDT+0.0007%8h255.15−0.094%$366K$188K50xas long as short
Aftermath Perps MRVLUSD+0.0017%1h255.10−0.115%$751$46K10xas long as short
QFEX MRVL-USD+0.0025%1h255.18−0.082%$1.1M$3.5M10xas long as short
Lighter MRVLshort+0.0032%1h255.11−0.110%$88K$167K10x
Arcus MRVL-USD+0.0040%1h254.99−0.157%$23K$27K5xas long as short
Vest MRVL-USD-PERP+0.0046%1h255.38−0.004%$51K25xas long as short
tradeXYZ xyz:MRVL+0.0050%1h254.96−0.168%$14.1M$9.1M10xas long as short
Polymarket Perps MRVL-USD+0.0050%1h254.97−0.164%$99K$81K10xas long as short
SoDEX MRVL-USD+0.0050%1h255.10−0.114%$189$15K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h255.17−0.086%$532K$832K10xas long as short
Paradex MRVL-USD-PERP+0.0051%8h254.99−0.155%5xas long as short
Nado MRVL-PERP+0.0065%1h255.02−0.144%$87K$272K10xas long as short
KuCoin MRVLUSDTM+0.0100%8h255.04−0.137%$504K$72K20xas long as short
ApeX Omni MRVLUSDT+0.0100%1h255.30−0.035%$4K$141K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h255.08−0.121%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h255.10−0.113%$1810xas long as short
Phoenix MRVL+0.0125%1h255.13−0.102%$11K$12K10xas long as short
Injective MRVL/USDC PERP+0.0220%1h258.02+1.030%$11K$82712xas long as short
edgeX MRVLUSDC+0.0334%4h255.16−0.090%$36K$376K10xas long as short