Funding you earn now, next payment 05:00 UTC+0.0075%/8h= +8.3% APRnext payment +$0.09 per $10,000 · paid last 24h +0.018%
Price spread now: ApeX Omni against QFEX+0.031%7-day average +0.008% · 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−$91as in the Price arb table
costs, in and out, $10k−$930.932% of the position
Funding, last 4 days (all we have)+0.082%+$8 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.031%, 7d avg +0.008%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.024% dearer against QFEX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX MRVL-USD | 255.66 | 0.0025 | pay 0.0003% / 1h | 5m 19s | $1.1M | $3.6M | 10x |
| Short | ApeX Omni MRVLUSDT | 255.74 | 0.0100 | get 0.0013% / 1h | 5m 19s | $4K | $140K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against QFEX. 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
- $15.84
- Price spread: +0.031% → +0.008%
- $2.36
- Slippage, 4 orders
- −$73.22
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$75.02
- Costs to cover
- 0.932%
- Break-even
- 40.1 days
Slippage from QFEX: live order book, 3 min ago; ApeX Omni: live order book, 45 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 QFEX live order book, 3 min ago | 1.76 bp | 6.8 bp −$7 | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 45 min ago | 27.89 bp | 41.0 bp −$41 | 211.6 bp −$2,116 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MRVLUSDT | −0.0474% | 8h | 255.84 | +0.070% | $5.5M | $16.4M | 20x | as long as short |
| BloFin MRVL-USDT | −0.0027% | 8h | 255.68 | +0.008% | $367K | $175K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.78 | +0.046% | $301K | $339K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.61 | −0.018% | $49K | $269K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 255.68 | +0.008% | $23.5M | $110.0M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.57 | −0.035% | $5.0M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.60 | −0.023% | $6.8M | $22.8M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.70 | +0.016% | $5.4M | $8.3M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 255.96 | +0.117% | $710K | $502K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 255.39 | −0.106% | $243 | $191K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 255.66 | 0.000% | $1K | $6.0M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 255.63 | −0.012% | $22K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.72 | +0.023% | $129K | $42K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0022% | 1h | 255.60 | −0.022% | $627 | $49K | 10x | as long as short |
| QFEX MRVL-USDlong | +0.0025% | 1h | 255.66 | long leg | $1.1M | $3.6M | 10x | |
| Lighter MRVL | +0.0032% | 1h | 255.76 | +0.039% | $88K | $203K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 255.42 | −0.094% | $24K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.95 | +0.113% | — | $50K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 255.60 | −0.023% | $14.1M | $8.7M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 255.59 | −0.027% | $101K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.59 | −0.027% | $138 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.69 | +0.012% | $547K | $727K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 255.65 | −0.006% | — | — | 5x | as long as short |
| edgeX MRVLUSDC | +0.0087% | 4h | 255.33 | −0.128% | $36K | $372K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0088% | 1h | 255.30 | −0.141% | $321K | $633K | 10x | as long as short |
| Nado MRVL-PERP | +0.0094% | 1h | 255.67 | +0.002% | $87K | $272K | 10x | as long as short |
| ApeX Omni MRVLUSDTshort | +0.0100% | 1h | 255.74 | +0.031% | $4K | $140K | 50x | |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.68 | +0.008% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.63 | −0.011% | $18 | — | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0111% | 8h | 255.89 | +0.090% | $506K | $62K | 20x | as long as short |
| Phoenix MRVL | +0.0185% | 1h | 255.88 | +0.086% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 261.65 | +2.343% | $11K | $734 | 12x | as long as short |
ApeX Omni MRVLUSDT
Bitget MRVLUSDT
BloFin MRVL-USDT
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-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
edgeX MRVLUSDC
Coinbase International MRVL-PERP-INTX
KuCoin MRVLUSDTM
Phoenix MRVL
Injective MRVL/USDC PERP