Funding you earn now, next payment 08:00 UTC−0.0180%/8h= −19.7% APRnext payment −$1.80 per $10,000 · paid last 24h +0.005%
Price spread now: Bitget against Gate−0.016%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$600.604% of the position
Funding, last 7 days+0.397%+$40 on $10k
+Price spread, last 7 days+0.064%+$6 · spread now −0.016%, 7d avg +0.026%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.041% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.026%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.397%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MRVL_USDT | 256.48 | 0 | get 0.0000% / 8h | 3h 21m | $5.4M | $8.2M | 50x |
| Short | Bitget MRVLUSDT | 256.44 | −0.0180 | pay 0.0180% / 8h | 3h 21m | $5.5M | $16.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- −$37.8
- Price spread: −0.016% → +0.026%
- −$4.12
- Slippage, 4 orders
- −$33.39
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$102.31
- Costs to cover
- 0.604%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Bitget: live order book, 2 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 Gate live order book, 2 min ago | 3.32 bp | 18.2 bp −$18 | 30.3 bp −$303 | 51.6 bp −$5,161 | 86.7 bp −$43.3K |
| Sell Bitget live order book, 2 min ago | 1.37 bp | 10.6 bp −$11 | 13.7 bp −$137 | 33.9 bp −$3,391 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MRVLUSDTshort | −0.0180% | 8h | 256.44 | −0.016% | $5.5M | $16.3M | 20x | |
| Aster MRVLUSDT | 0.0000% | 8h | 256.25 | −0.089% | $301K | $339K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 256.36 | −0.045% | $49K | $346K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 256.42 | −0.023% | $23.6M | $109.6M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 256.23 | −0.097% | $5.0M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 256.32 | −0.062% | $6.8M | $22.7M | 50x | as long as short |
| Gate MRVL_USDTlong | 0.0000% | 8h | 256.48 | long leg | $5.4M | $8.2M | 50x | |
| Variational Omni MRVL | 0.0000% | 8h | 256.46 | −0.009% | $712K | $632K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 256.41 | −0.027% | $603 | $191K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 255.97 | −0.199% | $1K | $6.0M | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRVL-USDT | 0.0000% | 8h | 256.37 | −0.043% | $129K | $42K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0014% | 8h | 255.92 | −0.218% | $366K | $173K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0020% | 1h | 256.33 | −0.057% | $699 | $49K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 256.43 | −0.019% | $1.1M | $3.6M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 256.29 | −0.074% | $89K | $203K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 256.04 | −0.172% | $25K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 256.45 | −0.012% | — | $50K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 256.07 | −0.160% | $14.1M | $8.7M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 256.07 | −0.160% | $102K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.87 | −0.238% | $169 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.76 | −0.281% | $549K | $751K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0050% | 8h | 256.35 | −0.050% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0088% | 1h | 255.85 | −0.246% | $322K | $634K | 10x | as long as short |
| Nado MRVL-PERP | +0.0091% | 1h | 256.23 | −0.097% | $87K | $272K | 10x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 256.06 | −0.164% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 256.16 | −0.125% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 256.13 | −0.138% | $18 | — | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0107% | 8h | 256.48 | 0.000% | $507K | $62K | 20x | as long as short |
| Phoenix MRVL | +0.0185% | 1h | 256.34 | −0.055% | $11K | $12K | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0218% | 1h | 256.29 | −0.074% | $22K | $144K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 261.65 | +2.016% | $11K | $734 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0965% | 4h | 255.98 | −0.195% | $36K | $372K | 10x | as long as short |
Gate MRVL_USDT
Bitget MRVLUSDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
Coinbase International MRVL-PERP-INTX
ApeX Omni MRVLUSDT
KuCoin MRVLUSDTM
Phoenix MRVL
Deribit MRVL_USDC-PERPETUAL
Injective MRVL/USDC PERP
edgeX MRVLUSDC