MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.23 per $10,000 · paid last 24h −0.004%

Price spread now: Bybit against BloFin−0.015%82s7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as 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−$380.380% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.090%−$9 on $10k

Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.015%, 7d avg −0.026%

Together, before fees−0.091%−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.090%, so the current rate has only just turned in your favour. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MRVL-USDT	260.92	−0.0023	get 0.0023% / 8h	4h 37m	$375K	$172K	50x
Short	Bybit MRVLUSDT	260.88	0	get 0.0000% / 8h	4h 37m	$5.1M	$3.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now −0.015%Rate

Funding earned: $4.82
Price spread: −0.015% → −0.026%: $1.1
Slippage, 4 orders: −$14.98
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$32.05
Costs to cover: 0.380%
Break-even: 53.6 days

Slippage from BloFin: live order book, 62 min ago; Bybit: live order book, 5 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 BloFin live order book, 62 min ago	0.38 bp	8.1 bp −$8	11.6 bp −$116	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	1.34 bp	10.6 bp −$11	21.9 bp −$219	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
BloFin MRVL-USDTlong	−0.0023%	8h	260.92	long leg	$375K	$172K	50x
Aster MRVLUSDT	0.0000%	8h	260.92	−0.001%	$313K	$330K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	260.82	−0.036%	$47K	$349K	10x	as long as short
Bybit MRVLUSDTshort	0.0000%	8h	260.88	−0.015%	$5.1M	$3.8M	50x
OKX MRVL-USDT-SWAP	0.0000%	8h	260.83	−0.034%	$7.0M	$22.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.88	−0.015%	$5.6M	$8.1M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.89	−0.011%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	261.17	+0.095%	$719K	$641K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	261.14	+0.085%	$595	$188K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.91	−0.004%	$1K	$6.1M	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	260.81	−0.042%	$23K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.89	−0.011%	$132K	$42K	50x	as long as short
Binance MRVLUSDT	+0.0004%	8h	260.92	0.000%	$24.3M	$107.7M	50x	as long as short
Aftermath Perps MRVLUSD	+0.0017%	1h	260.85	−0.028%	$721	$49K	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.86	−0.023%	$94K	$200K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	260.84	−0.031%	$1.1M	$3.6M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.74	−0.069%	$26K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.26	+0.130%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.76	−0.061%	$14.5M	$8.3M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.74	−0.069%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.84	−0.031%	$120	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.89	−0.011%	$577K	$681K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	260.84	−0.031%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	259.84	−0.414%	$334K	$629K	10x	as long as short
Nado MRVL-PERP	+0.0089%	1h	260.86	−0.024%	$89K	$272K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.05	+0.050%	$516K	$60K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	261.06	+0.054%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.86	−0.023%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.83	−0.036%	$18	—	10x	as long as short
Phoenix MRVL	+0.0153%	1h	261.25	+0.126%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.69	+1.062%	$11K	$700	12x	as long as short
edgeX MRVLUSDC	+0.0988%	4h	261.12	+0.076%	$37K	$370K	10x	as long as short