Funding you earn now, next payment 23:00 UTC−0.0078%/8h= −8.5% APRnext payment −$0.10 per $10,000 · paid last 24h −0.086%
Price spread now: Coinbase International against Nado−0.318%7-day average +0.077% · 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−$106as in the Price arb table
costs, in and out, $10k−$670.665% of the position
Funding, last 3 days (all we have)−0.323%−$32 on $10k
+Price spread, last 3 days (all we have)+0.428%+$43 · spread now −0.318%, 7d avg +0.077%
=Together, before fees+0.106%+ Points / potential airdropNado: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Coinbase International is 0.395% cheaper against Nado than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of +0.077%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MRVL-PERP | 259.17 | 0.0142 | pay 0.0018% / 1h | 13m 06s | $88K | $316K | 10x |
| Short | Coinbase International MRVL-PERP-INTX | 258.35 | 0.0064 | get 0.0008% / 1h | 13m 06s | $319K | $767K | 10x |
Nado MRVL-PERP
Coinbase International MRVL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Nado. 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
- −$16.28
- Price spread: −0.318% → +0.077%
- −$39.52
- Slippage, 4 orders
- −$49.54
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$122.33
- Costs to cover
- 0.665%
- Break-even
- never at this rate
Slippage from Nado: live order book, 64 min ago; Coinbase International: live order book, 65 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 Nado live order book, 64 min ago | 4.26 bp | 19.6 bp −$20 | 31.2 bp −$312 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 65 min ago | 4.46 bp | 9.5 bp −$9 | 13.3 bp −$133 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRVLUSDT | 0.0000% | 8h | 259.10 | −0.029% | $313K | $328K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 259.07 | −0.040% | $5.1M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 259.13 | −0.017% | $7.1M | $22.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 259.15 | −0.009% | $5.7M | $9.8M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 259.20 | +0.010% | $5.6M | $16.6M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 259.35 | +0.067% | $722K | $764K | — | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 259.21 | +0.014% | $1K | $6.8M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 259.18 | +0.002% | $22K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 259.34 | +0.064% | $131K | $59K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0007% | 8h | 259.18 | +0.002% | $374K | $170K | 50x | as long as short |
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
BloFin MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 259.20 | +0.008% | $880 | $53K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 259.25 | +0.029% | $96K | $213K | 10x | as long as short |
| QFEX MRVL-USD | +0.0038% | 1h | 259.22 | +0.018% | $1.1M | $4.3M | 10x | as long as short |
| Binance MRVLUSDT | +0.0039% | 8h | 259.20 | +0.009% | $24.3M | $114.7M | 50x | as long as short |
| Extended MRVL-USD | +0.0040% | 1h | 259.14 | −0.012% | $49K | $206K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 259.00 | −0.067% | $25K | $29K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 259.59 | +0.160% | — | $46K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 259.10 | −0.029% | $14.6M | $9.1M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 259.19 | +0.006% | $108K | $83K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 259.16 | −0.005% | $176 | $14K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 259.01 | −0.063% | $587K | $932K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0061% | 8h | 259.14 | −0.013% | — | — | 5x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0061% | 8h | 259.39 | +0.083% | $700 | $224K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTXshort | +0.0064% | 1h | 258.35 | −0.318% | $319K | $767K | 10x | |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 259.08 | −0.036% | $513K | $68K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 259.16 | −0.005% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 259.20 | +0.010% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 259.20 | +0.010% | $18 | — | 10x | as long as short |
| Nado MRVL-PERPlong | +0.0142% | 1h | 259.17 | long leg | $88K | $316K | 10x | |
| Phoenix MRVL | +0.0217% | 1h | 259.32 | +0.056% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 261.85 | +1.032% | $11K | $629 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0437% | 4h | 259.27 | +0.038% | $36K | $370K | 10x | as long as short |
Aftermath Perps MRVLUSD
Lighter MRVL
QFEX MRVL-USD
Binance MRVLUSDT
Extended MRVL-USD
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
GRVT MRVL_USDT_Perp
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC