Funding you earn now, next payment 04:00 UTC−0.0988%/8h= −108.2% APRpaid last 24h −0.016%
Price spread now: Bitget against edgeX−0.084%84s7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$390.393% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.084%, 7d avg +0.011%
=Together, before fees−0.032%+ Points / potential airdropedgeX: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and Bitget is 0.095% cheaper against edgeX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.011%). Swap the legs. The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.043% in total (about -2.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MRVLUSDC | 261.12 | 0.0988 | pay 0.0494% / 4h | 38m 06s | $37K | $370K | 10x |
| Short | Bitget MRVLUSDT | 260.90 | 0 | get 0.0000% / 8h | 4h 38m | $5.6M | $16.0M | 20x |
edgeX MRVLUSDC
Bitget MRVLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$207.59
- Price spread: −0.084% → +0.011%
- −$9.46
- Slippage, 4 orders
- −$18.32
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$256.36
- Costs to cover
- 0.393%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 20 min ago; Bitget: live order book, 1 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, 20 min ago | 5.36 bp | 10.2 bp −$10 | 14.4 bp −$144 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 1.53 bp | 9.6 bp −$10 | 13.3 bp −$133 | 28.3 bp −$2,830 | 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 | 260.92 | −0.076% | $375K | $172K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 260.93 | −0.073% | $313K | $330K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 260.84 | −0.106% | $47K | $349K | 10x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.85 | −0.103% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.83 | −0.111% | $7.0M | $22.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.88 | −0.092% | $5.6M | $8.1M | 50x | as long as short |
| Bitget MRVLUSDTshort | 0.0000% | 8h | 260.90 | −0.084% | $5.6M | $16.0M | 20x | |
| Variational Omni MRVL | 0.0000% | 8h | 261.17 | +0.018% | $719K | $641K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 261.14 | +0.008% | $595 | $188K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.91 | −0.080% | $1K | $6.1M | 10x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 260.81 | −0.119% | $23K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.89 | −0.088% | $132K | $42K | 50x | as long as short |
| Binance MRVLUSDT | +0.0004% | 8h | 260.90 | −0.084% | $24.3M | $107.7M | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0017% | 1h | 260.85 | −0.104% | $721 | $49K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 260.86 | −0.099% | $94K | $200K | 10x | as long as short |
| QFEX MRVL-USD | +0.0038% | 1h | 260.84 | −0.107% | $1.1M | $3.6M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.74 | −0.145% | $26K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 261.26 | +0.054% | — | $49K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 260.76 | −0.138% | $14.5M | $8.3M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.74 | −0.145% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.84 | −0.107% | $120 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.89 | −0.088% | $577K | $681K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0053% | 8h | 260.84 | −0.107% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0064% | 1h | 259.84 | −0.490% | $334K | $629K | 10x | as long as short |
| Nado MRVL-PERP | +0.0089% | 1h | 260.86 | −0.100% | $89K | $272K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 261.05 | −0.027% | $516K | $60K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 261.06 | −0.023% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.86 | −0.099% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.83 | −0.112% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0153% | 1h | 261.25 | +0.050% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.69 | +0.984% | $11K | $700 | 12x | as long as short |
| edgeX MRVLUSDClong | +0.0988% | 4h | 261.12 | long leg | $37K | $370K | 10x |
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Binance MRVLUSDT
Aftermath Perps MRVLUSD
Lighter MRVL
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
Coinbase International MRVL-PERP-INTX
Nado MRVL-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP