Funding you earn now, next payment 12:00 UTC+0.0640%/8h= +70.1% APRpaid last 24h +0.125%
Price spread now: edgeX against Bybit−0.226%71s7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as 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−$470.472% of the position
Funding, last 7 days+0.179%+$18 on $10k
+Price spread, last 4 days (all we have)+0.350%+$35 · spread now −0.226%, 7d avg +0.036%
=Together, before fees+0.529%+ Points / potential airdropedgeX: Active · farm board+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.263% cheaper against Bybit than usual: you would sell low and buy high (spread −0.226% now, against its 7-day average of +0.036%). If the spread goes back, that is −$26 on $10k: about 33 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.179% in total) that is about 10 days. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.179% in total (about 9.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MRVLUSDT | 254.66 | 0 | get 0.0000% / 8h | 6h 16m | $5.0M | $4.2M | 50x |
| Short | edgeX MRVLUSDC | 254.08 | 0.0640 | get 0.0320% / 4h | 2h 16m | $36K | $376K | 10x |
Bybit MRVLUSDT
edgeX MRVLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- $134.38
- Price spread: −0.226% → +0.036%
- −$26.26
- Slippage, 4 orders
- −$27.16
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $60.97
- Costs to cover
- 0.472%
- Break-even
- 3.8 days
Slippage from Bybit: live order book, 5 min ago; edgeX: live order book, 35 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 Bybit live order book, 5 min ago | 1.18 bp | 14.0 bp −$14 | 31.6 bp −$316 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 35 min ago | 5.51 bp | 10.4 bp −$10 | 15.0 bp −$150 | doesn't fit | doesn't fit |
MRVL on 32 exchanges
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 MRVLUSDT | −0.0006% | 8h | 255.00 | +0.134% | $5.5M | $18.6M | 20x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 254.64 | −0.007% | $300K | $337K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 254.79 | +0.050% | $46K | $303K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 254.89 | +0.089% | $23.4M | $119.0M | 50x | as long as short |
| Bybit MRVLUSDTlong | 0.0000% | 8h | 254.66 | long leg | $5.0M | $4.2M | 50x | |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 254.95 | +0.114% | $6.9M | $25.4M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 254.95 | +0.114% | $5.0M | $8.6M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 254.09 | −0.223% | $706K | $214K | — | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 254.77 | +0.043% | $2K | $5.4M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 253.99 | −0.263% | $131K | $48K | 50x | as long as short |
Bitget MRVLUSDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
SunX MRVL-USDT
HTX MRVL-USDTShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDT | +0.0004% | 8h | 254.14 | −0.204% | $372K | $207K | 50x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0009% | 8h | 254.13 | −0.210% | $247 | $180K | 10x | as long as short |
| Aftermath Perps MRVLUSD | +0.0016% | 1h | 254.18 | −0.189% | $1K | $44K | 10x | as long as short |
| Nado MRVL-PERP | +0.0026% | 1h | 254.79 | +0.050% | $87K | $276K | 10x | as long as short |
| QFEX MRVL-USD | +0.0031% | 1h | 254.87 | +0.082% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 254.75 | +0.035% | $88K | $164K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 254.46 | −0.079% | $22K | $22K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 254.94 | +0.110% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 254.69 | +0.012% | $13.9M | $9.5M | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 254.71 | +0.020% | $214 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 254.74 | +0.031% | $538K | $862K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 254.70 | +0.016% | — | — | 5x | as long as short |
| Polymarket Perps MRVL-USD | +0.0096% | 1h | 255.18 | +0.204% | $99K | $76K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 254.61 | −0.020% | $502K | $204K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 254.06 | −0.236% | $4K | $144K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 254.73 | +0.027% | $2K | $2K | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0103% | 1h | 254.70 | +0.016% | $22K | $145K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 254.65 | −0.003% | $18 | — | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0128% | 1h | 254.68 | +0.008% | $316K | $641K | 10x | as long as short |
| Phoenix MRVL | +0.0157% | 1h | 254.09 | −0.224% | $11K | $13K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 256.63 | +0.774% | $11K | $832 | 12x | as long as short |
| edgeX MRVLUSDCshort | +0.0640% | 4h | 254.08 | −0.226% | $36K | $376K | 10x |
BloFin MRVL-USDT
GRVT MRVL_USDT_Perp
Aftermath Perps MRVLUSD
Nado MRVL-PERP
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Polymarket Perps MRVL-USD
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Deribit MRVL_USDC-PERPETUAL
Aevo MRVL-PERP
Coinbase International MRVL-PERP-INTX
Phoenix MRVL
Injective MRVL/USDC PERP