Funding you earn now, next payment 10:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.002%
Price spread now: Extended against Lighter−0.014%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$280.283% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.014%, 7d avg +0.017%
=Together, before fees+0.006%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.030% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.017%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MRVL | 254.69 | 0.0032 | pay 0.0004% / 1h | 16m 28s | $88K | $164K | 10x |
| Short | Extended MRVL-USD | 254.66 | 0 | get 0.0000% / 1h | 16m 28s | $46K | $303K | 10x |
Lighter MRVL
Extended MRVL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Lighter. 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
- −$6.72
- Price spread: −0.014% → +0.017%
- −$3.03
- Slippage, 4 orders
- −$23.27
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$38.02
- Costs to cover
- 0.283%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 29 min ago; Extended: live order book, 33 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 Lighter live order book, 29 min ago | 2.56 bp | 9.3 bp −$9 | 9.7 bp −$97 | 19.4 bp −$1,941 | doesn't fit |
| Sell Extended live order book, 33 min ago | 0.79 bp | 8.0 bp −$8 | 47.5 bp −$475 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MRVLUSDT | −0.0006% | 8h | 254.97 | +0.110% | $5.5M | $18.6M | 20x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 254.62 | −0.027% | $300K | $337K | 50x | as long as short |
| Extended MRVL-USDshort | 0.0000% | 1h | 254.66 | −0.014% | $46K | $303K | 10x | |
| Binance MRVLUSDT | 0.0000% | 8h | 254.81 | +0.046% | $23.4M | $119.0M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 254.64 | −0.020% | $5.0M | $4.2M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 254.93 | +0.094% | $6.9M | $25.4M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 254.80 | +0.043% | $4.9M | $8.6M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 254.09 | −0.234% | $706K | $214K | — | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 254.40 | −0.114% | $2K | $5.4M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 254.35 | −0.133% | $22K | $145K | 10x | as long as short |
Bitget MRVLUSDT
Aster MRVLUSDT
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUALShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRVL-USDT | 0.0000% | 8h | 253.99 | −0.275% | $131K | $48K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0004% | 8h | 254.14 | −0.216% | $372K | $207K | 50x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0009% | 8h | 254.13 | −0.222% | $247 | $180K | 10x | as long as short |
| Aftermath Perps MRVLUSD | +0.0016% | 1h | 254.10 | −0.232% | $1K | $44K | 10x | as long as short |
| Nado MRVL-PERP | +0.0026% | 1h | 254.43 | −0.103% | $87K | $276K | 10x | as long as short |
| QFEX MRVL-USD | +0.0031% | 1h | 254.87 | +0.071% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVLlong | +0.0032% | 1h | 254.69 | long leg | $88K | $164K | 10x | |
| Arcus MRVL-USD | +0.0040% | 1h | 254.46 | −0.090% | $22K | $22K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 254.94 | +0.098% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 254.69 | 0.000% | $13.9M | $9.5M | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 254.31 | −0.149% | $209 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 254.74 | +0.020% | $538K | $862K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 254.70 | +0.004% | — | — | 5x | as long as short |
| Polymarket Perps MRVL-USD | +0.0096% | 1h | 255.18 | +0.192% | $99K | $76K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 254.53 | −0.063% | $502K | $204K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 254.06 | −0.247% | $4K | $144K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 254.41 | −0.110% | $2K | $2K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 254.34 | −0.137% | $18 | — | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0128% | 1h | 254.31 | −0.149% | $316K | $616K | 10x | as long as short |
| Phoenix MRVL | +0.0157% | 1h | 254.09 | −0.236% | $11K | $13K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 256.63 | +0.762% | $11K | $832 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0640% | 4h | 254.08 | −0.238% | $36K | $376K | 10x | as long as short |
HTX MRVL-USDT
BloFin MRVL-USDT
GRVT MRVL_USDT_Perp
Aftermath Perps MRVLUSD
Nado MRVL-PERP
QFEX MRVL-USD
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Polymarket Perps MRVL-USD
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Coinbase International MRVL-PERP-INTX
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC