MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.002%

Price spread now: Lighter against Extended−0.103%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$290.287% of the position

Long on Extended Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.023%+$2 on $10k

Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.103%, 7d avg −0.016%

Together, before fees+0.122%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter is 0.087% cheaper against Extended than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of −0.016%). If the spread goes back, that is −$9 on $10k: about 9.1 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.023% in total) that is about 27 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MRVL-USD	255.60	0	get 0.0000% / 1h	43m 32s	$46K	$352K	10x
Short	Lighter MRVL	255.34	0.0032	get 0.0004% / 1h	43m 32s	$104K	$183K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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 ExtendedbpFee LighterbpOrdersPrice spread, now −0.103%Rate

Funding earned: $6.72
Price spread: −0.103% → −0.016%: −$8.72
Slippage, 4 orders: −$23.65
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$30.65
Costs to cover: 0.287%
Break-even: 38.9 days

Slippage from Extended: live order book, 62 min ago; Lighter: live order book, 53 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 Extended live order book, 62 min ago	1.17 bp	7.4 bp −$7	75.5 bp −$755	doesn't fit	doesn't fit
Sell Lighter live order book, 53 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	−0.0007%	8h	255.43	−0.068%	$381K	$210K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.27	−0.130%	$301K	$339K	50x	as long as short
Extended MRVL-USDlong	0.0000%	1h	255.60	long leg	$46K	$352K	10x
Binance MRVLUSDT	0.0000%	8h	255.69	+0.034%	$23.7M	$121.1M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.51	−0.037%	$4.9M	$4.3M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.58	−0.010%	$6.9M	$26.2M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.60	−0.002%	$4.9M	$8.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	255.65	+0.018%	$5.4M	$19.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	255.32	−0.111%	$710K	$216K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.56	−0.016%	$823	$179K	10x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	255.76	+0.061%	$1K	$5.1M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.31	−0.115%	$131K	$41K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0010%	1h	255.37	−0.090%	$1K	$41K	10x	as long as short
QFEX MRVL-USD	+0.0026%	1h	255.59	−0.006%	$1.2M	$3.4M	10x	as long as short
Lighter MRVLshort	+0.0032%	1h	255.34	−0.103%	$104K	$183K	10x
Injective MRVL/USDC PERP	+0.0033%	1h	259.12	+1.375%	$11K	$820	12x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.35	−0.100%	$22K	$20K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.64	+0.014%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.45	−0.060%	$14.0M	$9.1M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.57	−0.013%	$158	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.51	−0.037%	$541K	$855K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0054%	8h	255.58	−0.010%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0075%	1h	255.33	−0.106%	$87K	$275K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	255.70	+0.037%	$505K	$311K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.18	−0.166%	$4K	$144K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.41	−0.076%	$2K	$2K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.45	−0.060%	$18	—	10x	as long as short
Phoenix MRVL	+0.0125%	1h	255.23	−0.146%	$11K	$13K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0160%	1h	255.57	−0.013%	$318K	$425K	10x	as long as short
edgeX MRVLUSDC	+0.0209%	4h	255.44	−0.066%	$36K	$377K	10x	as long as short
Polymarket Perps MRVL-USD	+0.0248%	1h	255.67	+0.026%	$53K	$151K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0729%	1h	255.63	+0.010%	$22K	$144K	10x	as long as short