Funding you earn now, next payment 11:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.008%
Price spread now: Lighter against Deribit−0.062%7-day average −0.007% · 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−$37as in the Price arb table
costs, in and out, $10k−$320.319% of the position
Funding, last 5 days (all we have)−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)+0.129%+$13 · spread now −0.062%, 7d avg −0.007%
=Together, before fees+0.055%+ Points / potential airdropLighter: Season 3 · farm board+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.055% cheaper against Deribit than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of −0.007%). If the spread goes back, that is −$6 on $10k: about 5.8 days of funding at the current rate (+$1 a day). Mind the row above: over the last 5 days funding on this pair cost −0.074%, 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 | Deribit MRVL_USDC-PERPETUAL | 256.21 | 0 | get 0.0000% / 1h | 26m 52s | $22K | $145K | 10x |
| Short | Lighter MRVL | 256.05 | 0.0032 | get 0.0004% / 1h | 26m 52s | $104K | $182K | 10x |
Deribit MRVL_USDC-PERPETUAL
Lighter MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. 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
- $6.72
- Price spread: −0.062% → −0.007%
- −$5.54
- Slippage, 4 orders
- −$24.94
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$30.77
- Costs to cover
- 0.319%
- Break-even
- 39.0 days
Slippage from Deribit: live order book, 20 min ago; Lighter: live order book, 10 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, 20 min ago | 5.65 bp | 9.2 bp −$9 | 12.3 bp −$123 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 10 min ago | 1.37 bp | 6.6 bp −$7 | 8.8 bp −$88 | 19.1 bp −$1,906 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDT | −0.0011% | 8h | 256.28 | +0.027% | $380K | $217K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 256.33 | +0.046% | $302K | $339K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 256.25 | +0.014% | $46K | $284K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 256.35 | +0.053% | $23.5M | $120.5M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 256.21 | 0.000% | $4.9M | $4.3M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 256.36 | +0.059% | $6.9M | $26.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 256.36 | +0.059% | $4.9M | $8.7M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 256.38 | +0.066% | $5.5M | $19.3M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 256.03 | −0.068% | $712K | $215K | — | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 256.32 | +0.043% | $1K | $5.3M | 10x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
SunX MRVL-USDTShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit MRVL_USDC-PERPETUALlong | 0.0000% | 1h | 256.21 | long leg | $22K | $145K | 10x | |
| HTX MRVL-USDT | 0.0000% | 8h | 256.11 | −0.039% | $132K | $49K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0007% | 1h | 256.02 | −0.074% | $1K | $42K | 10x | as long as short |
| Nado MRVL-PERP | +0.0024% | 1h | 256.30 | +0.037% | $87K | $275K | 10x | as long as short |
| Lighter MRVLshort | +0.0032% | 1h | 256.05 | −0.062% | $104K | $182K | 10x | |
| Injective MRVL/USDC PERP | +0.0033% | 1h | 256.63 | +0.164% | $11K | $823 | 12x | as long as short |
| QFEX MRVL-USD | +0.0034% | 1h | 256.32 | +0.043% | $1.2M | $3.5M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 256.03 | −0.070% | $22K | $22K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 256.54 | +0.129% | — | $46K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 256.22 | +0.004% | $14.1M | $9.6M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 256.34 | +0.051% | $77K | $127K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 256.27 | +0.023% | $190 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 256.05 | −0.062% | $543K | $863K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 256.22 | +0.003% | — | — | 5x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0061% | 8h | 256.04 | −0.068% | $448 | $179K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 256.34 | +0.051% | $506K | $261K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 256.13 | −0.031% | $4K | $144K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 256.33 | +0.047% | $2K | $2K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 256.24 | +0.011% | $18 | — | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0136% | 1h | 256.34 | +0.051% | $317K | $429K | 10x | as long as short |
| Phoenix MRVL | +0.0187% | 1h | 256.10 | −0.043% | $11K | $13K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0810% | 4h | 256.19 | −0.008% | $36K | $373K | 10x | as long as short |
HTX MRVL-USDT
Aftermath Perps MRVLUSD
Nado MRVL-PERP
Injective MRVL/USDC PERP
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
GRVT MRVL_USDT_Perp
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Coinbase International MRVL-PERP-INTX
Phoenix MRVL
edgeX MRVLUSDC