MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.07 per $10,000 · paid last 24h −0.008%

Price spread now: tradeXYZ against Coinbase International−0.160%7-day average −0.075% · you buy dearer than you sell

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$390.391% of the position

Long on Coinbase International Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.356%−$36 on $10k

Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.160%, 7d avg −0.075%

Together, before fees−0.238%+ Points / potential airdroptradeXYZ: Active · farm board−$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.085% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.160% now, against its 7-day average of −0.075%). If the spread goes back, that is −$9 on $10k: about 4.9 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.356%, 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	255.58	−0.0008	get 0.0001% / 1h	31m 08s	$336K	$654K	10x
Short	tradeXYZ xyz:MRVL	255.17	0.0050	get 0.0006% / 1h	31m 08s	$14.1M	$9.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 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 Coinbase InternationalbpFee tradeXYZbpOrdersPrice spread, now −0.160%Rate

Funding earned: $12.18
Price spread: −0.160% → −0.075%: −$8.51
Slippage, 4 orders: −$11.05
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$35.38
Costs to cover: 0.391%
Break-even: 27.3 days

Slippage from Coinbase International: live order book, 7 min ago; tradeXYZ: live order book, 8 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, 7 min ago	3.72 bp	8.7 bp −$9	12.2 bp −$122	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 8 min ago	0.98 bp	11.3 bp −$11	14.5 bp −$145	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
Bitget MRVLUSDT	−0.0516%	8h	255.57	−0.004%	$5.5M	$17.2M	20x	as long as short
Coinbase International MRVL-PERP-INTXlong	−0.0008%	1h	255.58	long leg	$336K	$654K	10x
Aster MRVLUSDT	0.0000%	8h	255.46	−0.048%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.37	−0.081%	$50K	$308K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.44	−0.055%	$23.5M	$113.9M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.38	−0.078%	$5.0M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.40	−0.070%	$6.8M	$24.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.52	−0.023%	$5.1M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.45	−0.053%	$716K	$468K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.73	+0.057%	$391	$189K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	255.49	−0.035%	$2K	$5.9M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.38	−0.078%	$22K	$145K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.49	−0.035%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	255.42	−0.063%	$780	$46K	10x	as long as short
BloFin MRVL-USDT	+0.0019%	8h	255.52	−0.023%	$365K	$188K	50x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.45	−0.051%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.42	−0.063%	$88K	$167K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.29	−0.113%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.68	+0.039%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVLshort	+0.0050%	1h	255.17	−0.160%	$14.1M	$9.1M	10x
Polymarket Perps MRVL-USD	+0.0050%	1h	255.25	−0.129%	$99K	$86K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.40	−0.070%	$220	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.21	−0.145%	$532K	$859K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.46	−0.049%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0059%	1h	255.44	−0.056%	$87K	$272K	10x	as long as short
edgeX MRVLUSDC	+0.0090%	4h	255.51	−0.029%	$36K	$375K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	255.46	−0.047%	$505K	$67K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.50	−0.031%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.44	−0.055%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.43	−0.060%	$18	—	10x	as long as short
Phoenix MRVL	+0.0125%	1h	255.50	−0.031%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.27	+1.053%	$11K	$825	12x	as long as short