Funding you earn now, next payment 03:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.08 per $10,000 · paid last 24h −0.017%
Price spread now: Extended against Coinbase International+0.379%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs+$11as in the Price arb table
costs, in and out, $10k−$320.320% of the position
Funding, last 7 days−0.422%−$42 on $10k
+Price spread, last 4 days (all we have)−0.357%−$36 · spread now +0.379%, 7d avg −0.049%
=Together, before fees−0.780%+ Points / potential airdropExtended: Active · farm board−$78 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.428% dearer against Coinbase International than usual: you sell high and buy low (spread +0.379% now, against its 7-day average of −0.049%): +$43 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 22 days. At the pace of the last 7 days (−0.422% in total) that is about 7.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MRVL-PERP-INTX | 259.84 | 0.0064 | pay 0.0008% / 1h | 37m 22s | $334K | $629K | 10x |
| Short | Extended MRVL-USD | 260.82 | 0 | get 0.0000% / 1h | 37m 22s | $47K | $349K | 10x |
Coinbase International MRVL-PERP-INTX
Extended MRVL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Coinbase International. 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
- −$13.44
- Price spread: +0.379% → −0.049%
- $42.76
- Slippage, 4 orders
- −$16.97
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$2.64
- Costs to cover
- 0.320%
- Break-even
- from the start
Slippage from Coinbase International: live order book, 21 min ago; Extended: live order book, 20 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 Coinbase International live order book, 21 min ago | 0.19 bp | 10.0 bp −$10 | 14.0 bp −$140 | doesn't fit | doesn't fit |
| Sell Extended live order book, 20 min ago | 0.96 bp | 6.9 bp −$7 | 96.1 bp −$961 | 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-USDT | −0.0023% | 8h | 260.92 | +0.416% | $375K | $172K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 260.94 | +0.424% | $313K | $330K | 50x | as long as short |
| Extended MRVL-USDshort | 0.0000% | 1h | 260.82 | +0.379% | $47K | $349K | 10x | |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.83 | +0.381% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.80 | +0.369% | $7.0M | $22.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.92 | +0.416% | $5.6M | $8.1M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.90 | +0.408% | $5.6M | $16.0M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 261.17 | +0.511% | $719K | $641K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 261.14 | +0.501% | $595 | $188K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.91 | +0.412% | $1K | $6.1M | 10x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDTShow 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 | +0.373% | $23K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.89 | +0.404% | $132K | $42K | 50x | as long as short |
| Binance MRVLUSDT | +0.0002% | 8h | 260.85 | +0.388% | $24.3M | $107.7M | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0017% | 1h | 260.84 | +0.384% | $721 | $49K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 260.90 | +0.408% | $94K | $200K | 10x | as long as short |
| QFEX MRVL-USD | +0.0038% | 1h | 260.86 | +0.393% | $1.1M | $3.6M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.71 | +0.335% | $26K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 261.24 | +0.539% | — | $49K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 260.73 | +0.343% | $14.5M | $8.3M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.71 | +0.335% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.84 | +0.385% | $120 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.89 | +0.404% | $577K | $681K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0053% | 8h | 260.84 | +0.383% | — | — | 5x | as long as short |
| edgeX MRVLUSDC | +0.0059% | 4h | 260.91 | +0.413% | $37K | $371K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTXlong | +0.0064% | 1h | 259.84 | long leg | $334K | $629K | 10x | |
| Nado MRVL-PERP | +0.0087% | 1h | 260.85 | +0.387% | $89K | $272K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 261.05 | +0.466% | $516K | $60K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 261.00 | +0.446% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.86 | +0.393% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.83 | +0.380% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0153% | 1h | 260.99 | +0.443% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.69 | +1.482% | $11K | $700 | 12x | as long as short |
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Binance MRVLUSDT
Aftermath Perps MRVLUSD
Lighter MRVL
QFEX MRVL-USD
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
edgeX MRVLUSDC
Nado MRVL-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP