MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.008%

Price spread now: Coinbase International against Deribit−0.433%7-day average +0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$390.388% of the position

Long on Deribit Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.150%+$15 on $10k

Price spread, last 4 days (all we have)+0.558%+$56 · spread now −0.433%, 7d avg +0.054%

Together, before fees+0.708%+$71 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.487% cheaper against Deribit than usual: you would sell low and buy high (spread −0.433% now, against its 7-day average of +0.054%). If the spread goes back, that is −$49 on $10k: about 17 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit MRVL_USDC-PERPETUAL	256.06	0	get 0.0000% / 1h	45m 27s	$22K	$144K	10x
Short	Coinbase International MRVL-PERP-INTX	254.95	0.0096	get 0.0012% / 1h	45m 27s	$322K	$632K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. 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 DeribitbpFee Coinbase InternationalbpOrdersPrice spread, now −0.433%Rate

Funding earned: $20.16
Price spread: −0.433% → +0.054%: −$48.73
Slippage, 4 orders: −$21.84
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$67.41
Costs to cover: 0.388%
Break-even: 30.4 days

Slippage from Deribit: live order book, 3 min ago; Coinbase International: live order book, 3 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 Deribit live order book, 3 min ago	5.66 bp	9.5 bp −$10	11.8 bp −$118	doesn't fit	doesn't fit
Sell Coinbase International live order book, 3 min ago	4.88 bp	9.9 bp −$10	14.0 bp −$140	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	−0.0545%	8h	256.40	+0.133%	$5.5M	$16.5M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.25	+0.074%	$302K	$340K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.38	+0.126%	$47K	$268K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.29	+0.090%	$23.6M	$110.6M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.23	+0.066%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.22	+0.062%	$6.8M	$23.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.31	+0.098%	$5.4M	$8.3M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.11	+0.018%	$710K	$497K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.16	+0.040%	$738	$190K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	256.23	+0.066%	$2K	$6.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUALlong	0.0000%	1h	256.06	long leg	$22K	$144K	10x
HTX MRVL-USDT	0.0000%	8h	256.59	+0.207%	$129K	$42K	50x	as long as short
BloFin MRVL-USDT	+0.0017%	8h	256.05	−0.004%	$365K	$177K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0023%	1h	256.26	+0.078%	$595	$48K	10x	as long as short
QFEX MRVL-USD	+0.0030%	1h	256.21	+0.059%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.17	+0.043%	$89K	$201K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.10	+0.016%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.46	+0.156%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.12	+0.023%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.12	+0.023%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	256.08	+0.008%	$143	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.11	+0.020%	$562K	$750K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	256.37	+0.120%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTXshort	+0.0096%	1h	254.95	−0.433%	$322K	$632K	10x
ApeX Omni MRVLUSDT	+0.0100%	1h	256.20	+0.055%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.27	+0.082%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.07	+0.004%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0122%	8h	256.34	+0.109%	$506K	$62K	20x	as long as short
Nado MRVL-PERP	+0.0124%	1h	256.10	+0.015%	$87K	$272K	10x	as long as short
Phoenix MRVL	+0.0157%	1h	256.70	+0.250%	$11K	$12K	10x	as long as short
edgeX MRVLUSDC	+0.0197%	4h	256.20	+0.056%	$36K	$374K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+1.008%	$11K	$735	12x	as long as short