Funding you earn now, next payment 09:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.03 per $10,000 · paid last 24h −0.078%
Price spread now: Lighter against Nado−0.050%7-day average −0.008% · 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−$78as in the Price arb table
costs, in and out, $10k−$740.738% of the position
Funding, last 4 days (all we have)−0.448%−$45 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.050%, 7d avg −0.008%
=Together, before fees−0.460%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board−$46 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 Lighter is 0.042% cheaper against Nado than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.008%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MRVL-PERP | 252.25 | 0.0054 | pay 0.0007% / 1h | 35m 15s | $86K | $272K | 10x |
| Short | Lighter MRVL | 252.12 | 0.0032 | get 0.0004% / 1h | 35m 15s | $87K | $164K | 10x |
Nado MRVL-PERP
Lighter MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$4.6
- Price spread: −0.050% → −0.008%
- −$4.22
- Slippage, 4 orders
- −$66.83
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$82.65
- Costs to cover
- 0.738%
- Break-even
- never at this rate
Slippage from Nado: live order book, 62 min ago; Lighter: live order book, 44 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, 62 min ago | 8.61 bp | 22.3 bp −$22 | 36.4 bp −$364 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 44 min ago | 2.55 bp | 3.8 bp −$4 | 8.9 bp −$89 | 18.8 bp −$1,876 | 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 MRVLUSDT | −0.0407% | 8h | 252.24 | −0.003% | $5.5M | $17.6M | 20x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 252.50 | +0.098% | $298K | $336K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 252.14 | −0.042% | $47K | $300K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 252.26 | +0.005% | $23.3M | $115.6M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 252.12 | −0.050% | $4.9M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 252.18 | −0.027% | $6.7M | $24.1M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 252.28 | +0.013% | $4.9M | $8.5M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 252.28 | +0.014% | $707K | $457K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 252.95 | +0.279% | $210 | $182K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 252.17 | −0.031% | $1K | $5.7M | 10x | as long as short |
Bitget MRVLUSDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 252.11 | −0.054% | $22K | $145K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 252.73 | +0.191% | $130K | $48K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0012% | 8h | 252.17 | −0.031% | $362K | $192K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0020% | 1h | 252.94 | +0.276% | $1K | $46K | 10x | as long as short |
| QFEX MRVL-USD | +0.0022% | 1h | 252.19 | −0.023% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVLshort | +0.0032% | 1h | 252.12 | −0.050% | $87K | $164K | 10x | |
| Arcus MRVL-USD | +0.0040% | 1h | 252.18 | −0.027% | $22K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 252.46 | +0.084% | — | $51K | 25x | as long as short |
| Paradex MRVL-USD-PERP | +0.0049% | 8h | 252.03 | −0.084% | — | — | 5x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 252.04 | −0.082% | $13.9M | $9.1M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 252.02 | −0.090% | $98K | $76K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 252.18 | −0.027% | $116 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 252.25 | +0.001% | $536K | $843K | 10x | as long as short |
| Nado MRVL-PERPlong | +0.0054% | 1h | 252.25 | long leg | $86K | $272K | 10x | |
| Coinbase International MRVL-PERP-INTX | +0.0072% | 1h | 252.03 | −0.086% | $321K | $662K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 252.26 | +0.005% | $499K | $110K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 252.94 | +0.275% | $4K | $144K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 252.42 | +0.068% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 252.35 | +0.039% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0188% | 1h | 253.01 | +0.302% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 256.63 | +1.737% | $11K | $845 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0634% | 4h | 253.26 | +0.403% | $36K | $374K | 10x | as long as short |
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Arcus MRVL-USD
Vest MRVL-USD-PERP
Paradex MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Coinbase International MRVL-PERP-INTX
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC