After costs, if the gap returns to its 7d average, $10k−$40
spread now+0.064%7d average+0.066%fees + slippage, in and out−$40spread needed0.397%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MRVLUSDT | 251.55 | 0 | get 0.0000% / 8h | 2h 30m | $5.2M | $2.9M | 50x |
| Short | Binance MRVLUSDT | 251.71 | 0.0125 | get 0.0125% / 8h | 2h 30m | $28.1M | $46.6M | 50x |
Bybit MRVLUSDT
Binance MRVLUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $6.36
- Funding while held
- $3.74
- Slippage, 4 orders
- −$18.66
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$29.56
- Spread needed to break even
- 0.397%
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 13 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0125%
- Per $10,000 a day
- +$3.74
- Average in range /8h
- —
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 Bybit live order book, 4 min ago | 1.40 bp | 12.9 bp −$13 | 33.0 bp −$330 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.20 bp | 6.3 bp −$6 | 11.8 bp −$118 | 40.2 bp −$4,019 | doesn't fit |
MRVL price on every exchange
against the cheapest. Click to use as the short leg.Phoenix250.46cheapestVariational Omni250.59+0.050%ApeX Omni250.67+0.084%edgeX250.72+0.102%Aftermath Perps250.86+0.159%HTX251.08+0.248%Aster251.18+0.289%Coinbase International251.23+0.307%Ondo Perps251.28+0.327%KuCoin251.39+0.371%Nado251.43+0.388%Orderly251.47+0.403%SoDEX251.52+0.423%Lighter251.55+0.435%
Phoenix
Variational Omni
ApeX Omni
HTX
Aster
Coinbase International
Ondo Perps
KuCoin
Nado
Orderly
SoDEX
LighterBybit251.55+0.435%
tradeXYZ251.56+0.439%Gate251.60+0.455%BloFin251.60+0.455%Aevo251.61+0.457%Arcus251.63+0.467%QFEX251.63+0.467%Bitget251.65+0.475%Polymarket Perps251.65+0.475%Paradex251.66+0.478%Deribit251.67+0.483%Extended251.69+0.492%OKX251.70+0.495%
tradeXYZ
Gate
BloFin
Aevo
Arcus
QFEX
Bitget
Polymarket Perps
Paradex
Deribit
Extended
OKXBinance251.71+0.499%
SunX251.76+0.519%Vest251.87+0.563%Injective254.15+1.473%
SunX
Vest
InjectiveMRVL on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix MRVL | −0.433% | +0.0223% | 1h | $10K | $5K | 10x | as long as short |
| Variational Omni MRVL | −0.383% | +0.0061% | 8h | $668K | $664K | — | as long as short |
| ApeX Omni MRVLUSDT | −0.350% | +0.0100% | 1h | $4K | $142K | 50x | as long as short |
| edgeX MRVLUSDC | −0.331% | +0.0819% | 4h | $35K | $354K | 10x | as long as short |
| Aftermath Perps MRVLUSD | −0.275% | +0.0024% | 1h | $593 | $52K | 10x | as long as short |
| HTX MRVL-USDT | −0.187% | 0.0000% | 8h | $120K | $54K | 50x | as long as short |
| Aster MRVLUSDT | −0.145% | 0.0000% | 8h | $319K | $23K | 50x | as long as short |
| Coinbase International MRVL-PERP-INTX | −0.127% | +0.0096% | 1h | $325K | $698K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | −0.107% | +0.0050% | 1h | $632K | $681K | 10x | as long as short |
| KuCoin MRVLUSDTM | −0.064% | +0.0100% | 8h | $501K | $39K | 20x | as long as short |
Show all 31 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado MRVL-PERP | −0.047% | +0.0565% | 1h | $503K | $62K | 10x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | −0.032% | +0.0100% | 8h | $2K | $2K | 10x | as long as short |
| SoDEX MRVL-USD | −0.012% | +0.0069% | 1h | $30 | $14K | 10x | as long as short |
| Lighter MRVL | 0.000% | +0.0032% | 1h | $102K | $133K | 10x | as long as short |
| Bybit MRVLUSDTlong | 0.000% | 0.0000% | 8h | $5.2M | $2.9M | 50x | |
| tradeXYZ xyz:MRVL | +0.004% | +0.0050% | 1h | $14.3M | $5.4M | 10x | as long as short |
| Gate MRVL_USDT | +0.020% | 0.0000% | 8h | $5.6M | $6.3M | 50x | as long as short |
| BloFin MRVL-USDT | +0.020% | +0.0024% | 8h | $390K | $100K | 50x | as long as short |
| Aevo MRVL-PERP | +0.022% | +0.0104% | 1h | $18 | — | 10x | as long as short |
| Arcus MRVL-USD | +0.032% | +0.0857% | 1h | $24K | $23K | 5x | as long as short |
| QFEX MRVL-USD | +0.032% | +0.0077% | 1h | $1.1M | $2.7M | 10x | as long as short |
| Bitget MRVLUSDT | +0.040% | +0.0242% | 8h | $6.6M | $5.9M | 20x | as long as short |
| Polymarket Perps MRVL-USD | +0.040% | +0.0198% | 1h | $134K | $28K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.043% | +0.0082% | 8h | — | — | 5x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.048% | +0.0346% | 1h | $22K | $133K | 10x | as long as short |
| Extended MRVL-USD | +0.057% | +0.0120% | 1h | $45K | $189K | 10x | as long as short |
| OKX MRVL-USDT-SWAP | +0.060% | 0.0000% | 8h | $7.3M | $9.8M | 50x | as long as short |
| Binance MRVLUSDTshort | +0.064% | +0.0125% | 8h | $28.1M | $46.6M | 50x | |
| SunX MRVL-USDT | +0.083% | 0.0000% | 8h | $1K | $3.7M | 10x | as long as short |
| Vest MRVL-USD-PERP | +0.127% | +0.0046% | 1h | — | $8K | 25x | as long as short |
| Injective MRVL/USDC PERP | +1.034% | +0.0220% | 1h | $11K | $194 | 12x | as long as short |