Funding you earn now, next payment 10:00 UTC−0.0379%/8h= −41.5% APRpaid last 24h −0.095%
Price spread now: ApeX Omni against edgeX−0.079%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1011.012% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)−0.113%−$11 · spread now −0.079%, 7d avg −0.007%
=Together, before fees−0.092%+ Points / potential airdropedgeX: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and ApeX Omni is 0.072% cheaper against edgeX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MRVLUSDC | 254.84 | 0.0479 | pay 0.0239% / 4h | 2h 07m | $36K | $374K | 10x |
| Short | ApeX Omni MRVLUSDT | 254.64 | 0.0100 | get 0.0013% / 1h | 7m 06s | $4K | $144K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against edgeX. 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
- −$79.56
- Price spread: −0.079% → −0.007%
- −$7.18
- Slippage, 4 orders
- −$82.18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$187.92
- Costs to cover
- 1.012%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 44 min ago; ApeX Omni: live order book, 41 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 edgeX live order book, 44 min ago | 5.51 bp | 10.3 bp −$10 | 14.4 bp −$144 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 41 min ago | 30.11 bp | 39.5 bp −$39 | 216.1 bp −$2,161 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRVLUSDT | 0.0000% | 8h | 255.85 | +0.397% | $301K | $338K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 256.03 | +0.466% | $46K | $300K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 256.04 | +0.469% | $23.5M | $119.2M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.94 | +0.432% | $5.0M | $4.2M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 256.33 | +0.585% | $6.9M | $25.7M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.82 | +0.384% | $5.0M | $8.6M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 256.38 | +0.604% | $5.5M | $18.7M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 254.89 | +0.019% | $708K | $214K | — | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 255.59 | +0.294% | $2K | $5.4M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.46 | +0.243% | $131K | $48K | 50x | as long as short |
Show all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDT | +0.0005% | 8h | 255.65 | +0.318% | $373K | $210K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 254.84 | 0.000% | $1K | $44K | 10x | as long as short |
| QFEX MRVL-USD | +0.0031% | 1h | 255.07 | +0.090% | $1.2M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 255.93 | +0.428% | $89K | $164K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 254.63 | −0.083% | $22K | $22K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.08 | +0.094% | — | $51K | 25x | as long as short |
| Nado MRVL-PERP | +0.0048% | 1h | 254.88 | +0.016% | $87K | $276K | 10x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 255.84 | +0.392% | $14.0M | $9.4M | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.13 | +0.114% | $194 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 254.78 | −0.024% | $539K | $863K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 255.07 | +0.089% | — | — | 5x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0061% | 8h | 254.93 | +0.037% | $943 | $181K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 255.21 | +0.145% | $504K | $216K | 20x | as long as short |
| ApeX Omni MRVLUSDTshort | +0.0100% | 1h | 254.64 | −0.079% | $4K | $144K | 50x | |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.32 | +0.188% | $2K | $2K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.33 | +0.192% | $18 | — | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0128% | 1h | 254.68 | −0.063% | $316K | $485K | 10x | as long as short |
| Phoenix MRVL | +0.0157% | 1h | 254.96 | +0.047% | $11K | $13K | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0197% | 1h | 255.38 | +0.212% | $99K | $76K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 256.63 | +0.702% | $11K | $832 | 12x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0376% | 1h | 255.70 | +0.337% | $22K | $145K | 10x | as long as short |
| edgeX MRVLUSDClong | +0.0479% | 4h | 254.84 | long leg | $36K | $374K | 10x |
edgeX MRVLUSDC
ApeX Omni MRVLUSDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
SunX MRVL-USDT
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
tradeXYZ xyz:MRVL
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
GRVT MRVL_USDT_Perp
KuCoin MRVLUSDTM
Coinbase International MRVL-PERP-INTX
Phoenix MRVL
Polymarket Perps MRVL-USD
Injective MRVL/USDC PERP
Deribit MRVL_USDC-PERPETUAL