MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0464%/8h= +50.8% APRnext payment +$4.64 per $10,000 · paid last 24h −0.005%

Price spread now: OKX against Bitget−0.082%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$340.341% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.118%−$12 on $10k

Price spread, last 7 days+0.052%+$5 · spread now −0.082%, 7d avg −0.021%

Together, before fees−0.067%−$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.061% cheaper against Bitget than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of −0.021%). If the spread goes back, that is −$6 on $10k: about 10 hours of funding at the current rate (+$14 a day). Mind the row above: over the last 7 days funding on this pair cost −0.118%, 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 -0.118% in total (about -6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.64 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	Bitget MRVLUSDT	256.04	−0.0464	get 0.0464% / 8h	3h 06m	$5.5M	$16.4M	20x
Short	OKX MRVL-USDT-SWAP	255.83	0	get 0.0000% / 8h	3h 06m	$6.8M	$22.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee BitgetbpFee OKXbpOrdersPrice spread, now −0.082%Rate

Funding earned: $97.44
Price spread: −0.082% → −0.021%: −$6.06
Slippage, 4 orders: −$12.11
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: $57.27
Costs to cover: 0.341%
Break-even: 2.9 days

Slippage from Bitget: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago	1.76 bp	10.7 bp −$11	15.3 bp −$153	39.9 bp −$3,989	doesn't fit
Sell OKX live order book, 2 min ago	0.20 bp	5.3 bp −$5	14.6 bp −$146	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 MRVLUSDTlong	−0.0464%	8h	256.04	long leg	$5.5M	$16.4M	20x
BloFin MRVL-USDT	−0.0008%	8h	255.27	−0.301%	$367K	$174K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.08	+0.017%	$301K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.95	−0.034%	$49K	$269K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.98	−0.024%	$23.5M	$110.0M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.96	−0.031%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAPshort	0.0000%	8h	255.83	−0.082%	$6.8M	$22.8M	50x
Gate MRVL_USDT	0.0000%	8h	255.92	−0.047%	$5.4M	$8.3M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.57	−0.184%	$709K	$628K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.28	−0.297%	$243	$191K	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	256.01	−0.012%	$1K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	256.01	−0.012%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.46	−0.227%	$129K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0022%	1h	255.65	−0.152%	$593	$48K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.91	−0.051%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.91	−0.051%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.31	−0.285%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.10	+0.023%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.79	−0.098%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.91	−0.051%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.77	−0.105%	$133	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.47	−0.223%	$547K	$726K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.83	−0.083%	—	—	5x	as long as short
edgeX MRVLUSDC	+0.0087%	4h	255.33	−0.277%	$36K	$372K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.30	−0.289%	$321K	$633K	10x	as long as short
Nado MRVL-PERP	+0.0095%	1h	255.92	−0.049%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.28	−0.297%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.01	−0.012%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.97	−0.028%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0111%	8h	256.22	+0.070%	$506K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	255.50	−0.211%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.191%	$11K	$734	12x	as long as short