MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%

Price spread now: Ondo Perps against Lighter+0.054%7-day average −0.030% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.065%+$6 on $10k

Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.054%, 7d avg −0.030%

Together, before fees−0.045%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 0.084% dearer against Lighter than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter MRVL	260.29	0.0032	pay 0.0004% / 1h	50m 05s	$95K	$203K	10x
Short	Ondo Perps MRVL-USD.P	260.43	0.0050	get 0.0006% / 1h	50m 05s	$575K	$676K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Lighter. 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 LighterbpFee Ondo PerpsbpOrdersPrice spread, now +0.054%Rate

Funding earned: $3.86
Price spread: +0.054% → −0.030%: $8.39
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $7.25
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Lighter: live order book, 60 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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, 60 min ago	2.30 bp	10.2 bp −$10	10.7 bp −$107	20.0 bp −$1,997	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	260.39	+0.037%	$313K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.26	−0.012%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.30	+0.004%	$7.0M	$22.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.36	+0.027%	$5.6M	$8.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.39	+0.038%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.51	+0.086%	$717K	$654K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.65	+0.140%	$467	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.31	+0.008%	$1K	$6.2M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	260.19	−0.038%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.63	+0.131%	$131K	$42K	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0015%	1h	260.37	+0.030%	$935	$50K	10x	as long as short
QFEX MRVL-USD	+0.0026%	1h	260.35	+0.023%	$1.1M	$3.7M	10x	as long as short
Lighter MRVLlong	+0.0032%	1h	260.29	long leg	$95K	$203K	10x
Coinbase International MRVL-PERP-INTX	+0.0032%	1h	260.17	−0.046%	$335K	$631K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.33	+0.015%	$25K	$26K	5x	as long as short
Binance MRVLUSDT	+0.0045%	8h	260.30	+0.004%	$24.2M	$107.9M	50x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.72	+0.165%	—	$45K	25x	as long as short
Extended MRVL-USD	+0.0048%	1h	260.25	−0.016%	$51K	$353K	10x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.16	−0.050%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.30	+0.004%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.27	−0.008%	$146	$15K	10x	as long as short
Ondo Perps MRVL-USD.Pshort	+0.0050%	1h	260.43	+0.054%	$575K	$676K	10x
Paradex MRVL-USD-PERP	+0.0052%	8h	260.38	+0.034%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.54	+0.096%	$514K	$62K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.49	+0.077%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.35	+0.023%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.26	−0.011%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0157%	1h	260.30	+0.003%	$89K	$273K	10x	as long as short
Phoenix MRVL	+0.0215%	1h	260.69	+0.154%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.02	+1.049%	$11K	$680	12x	as long as short
edgeX MRVLUSDC	+0.0421%	4h	260.63	+0.132%	$37K	$370K	10x	as long as short