MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0099%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.098%

Price spread now: Nado against Extended−0.001%51s7-day average −0.008% · 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—prices read too far apart to compare

costs, in and out, $10k−$710.714% of the position

Long on Extended Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.441%+$44 on $10k

Price spread, last 4 days (all we have)+0.255%+$25 · spread now −0.001%, 7d avg −0.008%

Together, before fees+0.695%+ Points / potential airdropExtended: Active · Nado: Active · farm board+$70 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MRVL-USD	259.92	0.0040	pay 0.0005% / 1h	47m 44s	$51K	$353K	10x
Short	Nado MRVL-PERP	259.92	0.0139	get 0.0017% / 1h	47m 44s	$89K	$273K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.001%Rate

Funding earned: $20.85
Price spread: −0.001% → −0.008%: $0.66
Slippage, 4 orders: −$59.4
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$49.89
Costs to cover: 0.714%
Break-even: 23.8 days

Slippage from Extended: live order book, 15 min ago; Nado: live order book, 15 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, 15 min ago	0.96 bp	7.0 bp −$7	30.8 bp −$308	doesn't fit	doesn't fit
Sell Nado live order book, 15 min ago	8.82 bp	33.7 bp −$34	49.6 bp −$496	doesn't fit	doesn't fit

MRVL on 31 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
Aster MRVLUSDT	0.0000%	8h	260.05	+0.047%	$312K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	259.94	+0.007%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.97	+0.018%	$7.0M	$22.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	259.98	+0.022%	$5.6M	$8.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.06	+0.053%	$5.5M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.51	+0.228%	$717K	$654K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.56	+0.243%	$466	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.08	+0.061%	$2K	$6.2M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.63	+0.272%	$131K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0015%	1h	260.24	+0.122%	$934	$50K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	+0.0019%	1h	259.95	+0.011%	$23K	$143K	10x	as long as short
QFEX MRVL-USD	+0.0026%	1h	259.95	+0.011%	$1.1M	$3.7M	10x	as long as short
Lighter MRVL	+0.0032%	1h	259.99	+0.026%	$95K	$203K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0032%	1h	259.84	−0.032%	$334K	$630K	10x	as long as short
Extended MRVL-USDlong	+0.0040%	1h	259.92	long leg	$51K	$353K	10x
Arcus MRVL-USD	+0.0040%	1h	260.02	+0.038%	$25K	$26K	5x	as long as short
Binance MRVLUSDT	+0.0043%	8h	260.03	+0.041%	$24.2M	$107.9M	50x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.40	+0.184%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.84	−0.032%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.01	+0.034%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.07	+0.057%	$125	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.90	−0.009%	$575K	$675K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	259.89	−0.012%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.16	+0.091%	$514K	$62K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.49	+0.218%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.01	+0.034%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.03	+0.042%	$18	—	10x	as long as short
Nado MRVL-PERPshort	+0.0139%	1h	259.92	−0.001%	$89K	$273K	10x
Phoenix MRVL	+0.0215%	1h	260.30	+0.145%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.39	+1.334%	$11K	$681	12x	as long as short
edgeX MRVLUSDC	+0.0421%	4h	260.63	+0.273%	$37K	$370K	10x	as long as short