Funding you earn now, next payment 01:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h −0.034%
Price spread now: Lighter against Coinbase International+0.089%7-day average −0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$270.274% of the position
Funding, last 7 days−0.417%−$42 on $10k
+Price spread, last 3 days (all we have)−0.150%−$15 · spread now +0.089%, 7d avg −0.074%
=Together, before fees−0.567%+ Points / potential airdropLighter: Season 3 · farm board−$57 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.163% dearer against Coinbase International than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.074%. Mind the row above: over the last 7 days funding on this pair cost −0.417%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MRVL-PERP-INTX | 259.18 | 0.0008 | pay 0.0001% / 1h | 35m 45s | $333K | $636K | 10x |
| Short | Lighter MRVL | 259.41 | 0.0032 | get 0.0004% / 1h | 35m 45s | $95K | $205K | 10x |
Coinbase International MRVL-PERP-INTX
Lighter MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $5.04
- Price spread: +0.089% → −0.074%
- $16.26
- Slippage, 4 orders
- −$17.35
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$6.06
- Costs to cover
- 0.274%
- Break-even
- 15.4 days
Slippage from Coinbase International: live order book, 33 min ago; Lighter: live order book, 14 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, 33 min ago | 0.19 bp | 6.3 bp −$6 | 13.3 bp −$133 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 14 min ago | 2.30 bp | 3.3 bp −$3 | 11.0 bp −$110 | 21.9 bp −$2,193 | 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 | 260.60 | +0.548% | $378K | $171K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 259.52 | +0.132% | $311K | $329K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 259.33 | +0.058% | $5.1M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 259.33 | +0.058% | $7.0M | $22.1M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 259.40 | +0.085% | $5.6M | $8.7M | 50x | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 259.91 | +0.282% | $982 | $194K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 259.57 | +0.150% | $1K | $6.4M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 259.39 | +0.081% | $22K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 259.86 | +0.262% | $131K | $41K | 50x | as long as short |
| Coinbase International MRVL-PERP-INTXlong | +0.0008% | 1h | 259.18 | long leg | $333K | $636K | 10x |
BloFin MRVL-USDT
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MRVLUSD | +0.0013% | 1h | 259.84 | +0.255% | $920 | $51K | 10x | as long as short |
| Bitget MRVLUSDT | +0.0020% | 8h | 259.45 | +0.104% | $5.6M | $16.3M | 20x | as long as short |
| QFEX MRVL-USD | +0.0023% | 1h | 259.37 | +0.073% | $1.1M | $3.9M | 10x | as long as short |
| Variational Omni MRVL | +0.0028% | 8h | 259.48 | +0.118% | $721K | $655K | — | as long as short |
| Lighter MRVLshort | +0.0032% | 1h | 259.41 | +0.089% | $95K | $205K | 10x | |
| Arcus MRVL-USD | +0.0040% | 1h | 259.59 | +0.158% | $25K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 259.79 | +0.235% | — | $43K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 259.26 | +0.031% | $14.6M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 259.43 | +0.096% | $104K | $77K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 259.45 | +0.104% | $88 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 259.26 | +0.031% | $566K | $691K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 259.36 | +0.068% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0078% | 1h | 259.34 | +0.064% | $89K | $319K | 10x | as long as short |
| Binance MRVLUSDT | +0.0084% | 8h | 259.46 | +0.109% | $24.1M | $110.4M | 50x | as long as short |
| Extended MRVL-USD | +0.0088% | 1h | 259.43 | +0.095% | $47K | $347K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 259.60 | +0.162% | $513K | $64K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 259.91 | +0.282% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 259.51 | +0.127% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 259.49 | +0.119% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0153% | 1h | 260.19 | +0.390% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.37 | +1.617% | $11K | $676 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0924% | 4h | 259.80 | +0.239% | $37K | $370K | 10x | as long as short |
Aftermath Perps MRVLUSD
Bitget MRVLUSDT
QFEX MRVL-USD
Variational Omni MRVL
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
Nado MRVL-PERP
Binance MRVLUSDT
Extended MRVL-USD
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC