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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MRVLUSDT | 255.39 | −0.0521 | get 0.0521% / 8h | 10m 39s | $5.5M | $17.2M | 20x |
| Short | Lighter MRVL | 255.11 | 0.0032 | get 0.0004% / 1h | 10m 39s | $88K | $167K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 3 min ago | 1.37 bp | 9.4 bp −$9 | 10.5 bp −$105 | 25.2 bp −$2,523 | 75.2 bp −$37.6K |
| Sell Lighter live order book, 9 min ago | 2.55 bp | 3.8 bp −$4 | 8.9 bp −$89 | 18.8 bp −$1,876 | 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 MRVLUSDTlong | −0.0521% | 8h | 255.39 | long leg | $5.5M | $17.2M | 20x | |
| Coinbase International MRVL-PERP-INTX | −0.0008% | 1h | 255.11 | −0.110% | $335K | $652K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.15 | −0.094% | $301K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.01 | −0.149% | $50K | $303K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 255.17 | −0.086% | $23.5M | $113.8M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.06 | −0.129% | $5.0M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.25 | −0.055% | $6.8M | $24.6M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.13 | −0.102% | $5.1M | $8.7M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 255.09 | −0.116% | $714K | $468K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 255.43 | +0.015% | $968 | $187K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 255.13 | −0.102% | $1K | $5.9M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 255.05 | −0.133% | $22K | $145K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.13 | −0.102% | $131K | $47K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0007% | 8h | 255.15 | −0.094% | $366K | $188K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0017% | 1h | 255.10 | −0.115% | $751 | $46K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 255.18 | −0.082% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVLshort | +0.0032% | 1h | 255.11 | −0.110% | $88K | $167K | 10x | |
| Arcus MRVL-USD | +0.0040% | 1h | 254.99 | −0.157% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.38 | −0.004% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 254.96 | −0.168% | $14.1M | $9.1M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 254.97 | −0.164% | $99K | $81K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.10 | −0.114% | $189 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.17 | −0.086% | $532K | $832K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 254.99 | −0.155% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0065% | 1h | 255.02 | −0.144% | $87K | $272K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 255.04 | −0.137% | $504K | $72K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 255.30 | −0.035% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.08 | −0.121% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.10 | −0.113% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0125% | 1h | 255.13 | −0.102% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.02 | +1.030% | $11K | $827 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0334% | 4h | 255.16 | −0.090% | $36K | $376K | 10x | as long as short |
Bitget MRVLUSDT
Lighter MRVL
Coinbase International MRVL-PERP-INTX
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC