Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.003%
Price spread now: Deribit against tradeXYZ−0.020%7-day average +0.033% · 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−$47as in the Price arb table
costs, in and out, $10k−$420.421% of the position
Funding, last 5 days (all we have)+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.020%, 7d avg +0.033%
=Together, before fees+0.011%+ Points / potential airdroptradeXYZ: Active · farm board+$1 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 Deribit is 0.053% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:MRVL | 255.16 | 0.0050 | pay 0.0006% / 1h | 23m 59s | $14.0M | $9.0M | 10x |
| Short | Deribit MRVL_USDC-PERPETUAL | 255.11 | 0 | get 0.0000% / 1h | 23m 59s | $22K | $144K | 10x |
tradeXYZ xyz:MRVL
Deribit MRVL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against tradeXYZ. 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
- −$10.5
- Price spread: −0.020% → +0.033%
- −$5.3
- Slippage, 4 orders
- −$17.13
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$57.92
- Costs to cover
- 0.421%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 5 min ago; Deribit: live order book, 19 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 tradeXYZ live order book, 5 min ago | 0.79 bp | 11.8 bp −$12 | 15.0 bp −$150 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 19 min ago | 5.11 bp | 10.6 bp −$11 | 13.6 bp −$136 | 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 | −0.0837% | 8h | 255.38 | +0.086% | $5.5M | $17.1M | 20x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.17 | +0.004% | $301K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.29 | +0.050% | $47K | $270K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 255.38 | +0.084% | $23.5M | $113.6M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.40 | +0.094% | $5.0M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.51 | +0.137% | $6.8M | $24.2M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.41 | +0.098% | $5.1M | $8.7M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 254.90 | −0.102% | $709K | $473K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 254.83 | −0.129% | $800 | $190K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 254.95 | −0.082% | $2K | $6.0M | 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-PERPETUALshort | 0.0000% | 1h | 255.11 | −0.020% | $22K | $144K | 10x | |
| HTX MRVL-USDT | 0.0000% | 8h | 254.86 | −0.118% | $131K | $47K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0012% | 8h | 254.88 | −0.110% | $363K | $184K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0013% | 1h | 254.67 | −0.193% | $682 | $47K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0024% | 1h | 254.33 | −0.325% | $332K | $650K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 255.23 | +0.027% | $88K | $169K | 10x | as long as short |
| QFEX MRVL-USD | +0.0034% | 1h | 254.93 | −0.090% | $1.1M | $3.5M | 10x | as long as short |
| Nado MRVL-PERP | +0.0036% | 1h | 254.89 | −0.107% | $87K | $272K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 254.58 | −0.227% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.11 | −0.020% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVLlong | +0.0050% | 1h | 255.16 | long leg | $14.0M | $9.0M | 10x | |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 254.76 | −0.157% | $101K | $82K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.00 | −0.063% | $138 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 254.41 | −0.294% | $549K | $806K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 254.82 | −0.133% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 255.17 | +0.004% | $505K | $66K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 254.69 | −0.184% | $4K | $140K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 254.98 | −0.071% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 254.98 | −0.072% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0156% | 1h | 254.59 | −0.223% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 257.82 | +1.042% | $11K | $853 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0819% | 4h | 254.79 | −0.147% | $36K | $372K | 10x | as long as short |
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Coinbase International MRVL-PERP-INTX
Lighter MRVL
QFEX MRVL-USD
Nado MRVL-PERP
Arcus MRVL-USD
Vest MRVL-USD-PERP
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC