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: Lighter against Ondo Perps−0.165%7-day average +0.030% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.065%−$6 on $10k
+Price spread, last 4 days (all we have)+0.221%+$22 · spread now −0.165%, 7d avg +0.030%
=Together, before fees+0.156%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board+$16 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 0.195% cheaper against Ondo Perps than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.030%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps MRVL-USD.P | 260.43 | 0.0050 | pay 0.0006% / 1h | 49m 20s | $575K | $676K | 10x |
| Short | Lighter MRVL | 260.00 | 0.0032 | get 0.0004% / 1h | 49m 20s | $95K | $203K | 10x |
Ondo Perps MRVL-USD.P
Lighter MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Ondo Perps. 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
- −$3.86
- Price spread: −0.165% → +0.030%
- −$19.52
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$28.38
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 61 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 61 min ago | 2.30 bp | 3.3 bp −$3 | 11.0 bp −$110 | 21.9 bp −$2,193 | doesn't fit |
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 | 260.26 | −0.064% | $312K | $330K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.04 | −0.150% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.03 | −0.154% | $7.0M | $22.1M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.28 | −0.058% | $5.6M | $8.4M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.26 | −0.065% | $5.5M | $16.0M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 260.51 | +0.032% | $717K | $654K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 260.56 | +0.048% | $466 | $189K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.35 | −0.031% | $2K | $6.2M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 260.03 | −0.154% | $23K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.63 | +0.077% | $131K | $42K | 50x | as long as short |
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MRVLUSD | +0.0015% | 1h | 260.32 | −0.041% | $934 | $50K | 10x | as long as short |
| QFEX MRVL-USD | +0.0026% | 1h | 260.24 | −0.073% | $1.1M | $3.7M | 10x | as long as short |
| Lighter MRVLshort | +0.0032% | 1h | 260.00 | −0.165% | $95K | $203K | 10x | |
| Coinbase International MRVL-PERP-INTX | +0.0032% | 1h | 260.17 | −0.100% | $335K | $631K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.25 | −0.069% | $25K | $26K | 5x | as long as short |
| Binance MRVLUSDT | +0.0044% | 8h | 260.06 | −0.142% | $24.2M | $107.9M | 50x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 260.60 | +0.065% | — | $45K | 25x | as long as short |
| Extended MRVL-USD | +0.0048% | 1h | 260.06 | −0.142% | $51K | $353K | 10x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 260.07 | −0.138% | $14.6M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.18 | −0.096% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.07 | −0.138% | $130 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.Plong | +0.0050% | 1h | 260.43 | long leg | $575K | $676K | 10x | |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 260.24 | −0.075% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 260.40 | −0.012% | $514K | $62K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.49 | +0.023% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.09 | −0.131% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.03 | −0.153% | $18 | — | 10x | as long as short |
| Nado MRVL-PERP | +0.0145% | 1h | 260.18 | −0.096% | $89K | $273K | 10x | as long as short |
| Phoenix MRVL | +0.0215% | 1h | 260.30 | −0.050% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.39 | +1.137% | $11K | $681 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0421% | 4h | 260.63 | +0.078% | $37K | $370K | 10x | as long as short |
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Coinbase International MRVL-PERP-INTX
Arcus MRVL-USD
Binance MRVLUSDT
Vest MRVL-USD-PERP
Extended MRVL-USD
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Nado MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC