MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h −0.091%

Price spread now: Deribit against Nado+0.113%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$530.526% of the position

Long on Nado Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.380%−$38 on $10k

Price spread, last 3 days (all we have)−0.133%−$13 · spread now +0.113%, 7d avg +0.002%

Together, before fees−0.513%+ Points / potential airdropNado: Active · farm board−$51 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Deribit is 0.112% dearer against Nado than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.002%. Mind the row above: over the last 3 days funding on this pair cost −0.380%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado MRVL-PERP	259.25	0.0077	pay 0.0010% / 1h	35m 10s	$89K	$319K	10x
Short	Deribit MRVL_USDC-PERPETUAL	259.54	0.0174	get 0.0022% / 1h	35m 10s	$22K	$143K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Nado. 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 NadobpFee DeribitbpOrdersPrice spread, now +0.113%Rate

Funding earned: $20.42
Price spread: +0.113% → +0.002%: $11.16
Slippage, 4 orders: −$38.55
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$20.98
Costs to cover: 0.526%
Break-even: 14.2 days

Slippage from Nado: live order book, 32 min ago; Deribit: 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 Nado live order book, 32 min ago	7.65 bp	17.7 bp −$18	31.4 bp −$314	doesn't fit	doesn't fit
Sell Deribit live order book, 33 min ago	5.93 bp	11.0 bp −$11	12.7 bp −$127	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
BloFin MRVL-USDT	−0.0023%	8h	260.60	+0.522%	$378K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	259.51	+0.102%	$311K	$329K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	259.39	+0.056%	$5.1M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.47	+0.086%	$7.0M	$22.2M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	259.49	+0.094%	$5.6M	$8.7M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	259.61	+0.140%	$5.6M	$16.3M	20x	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	259.91	+0.256%	$982	$194K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	259.61	+0.140%	$1K	$6.4M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.40	+0.059%	$131K	$41K	50x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0008%	1h	259.18	−0.025%	$333K	$636K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0013%	1h	259.73	+0.187%	$920	$51K	10x	as long as short
QFEX MRVL-USD	+0.0023%	1h	259.27	+0.009%	$1.1M	$3.8M	10x	as long as short
Variational Omni MRVL	+0.0028%	8h	259.48	+0.092%	$721K	$655K	—	as long as short
Lighter MRVL	+0.0032%	1h	259.45	+0.079%	$95K	$205K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.47	+0.086%	$25K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	259.72	+0.183%	—	$43K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.25	+0.002%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.36	+0.044%	$104K	$77K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.38	+0.052%	$83	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.26	+0.005%	$566K	$691K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	259.37	+0.049%	—	—	5x	as long as short
Nado MRVL-PERPlong	+0.0077%	1h	259.25	long leg	$89K	$319K	10x
Binance MRVLUSDT	+0.0084%	8h	259.54	+0.113%	$24.1M	$110.3M	50x	as long as short
Extended MRVL-USD	+0.0088%	1h	259.50	+0.099%	$47K	$347K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	259.64	+0.152%	$513K	$64K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	259.48	+0.090%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.57	+0.125%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.54	+0.115%	$18	—	10x	as long as short
Phoenix MRVL	+0.0153%	1h	259.23	−0.006%	$11K	$12K	10x	as long as short
Deribit MRVL_USDC-PERPETUALshort	+0.0174%	1h	259.54	+0.113%	$22K	$143K	10x
Injective MRVL/USDC PERP	+0.0220%	1h	262.62	+1.301%	$11K	$679	12x	as long as short
edgeX MRVLUSDC	+0.0924%	4h	259.80	+0.214%	$37K	$370K	10x	as long as short