Funding you earn now, next payment 03:00 UTC+0.0071%/8h= +7.8% APRnext payment +$0.09 per $10,000 · paid last 24h +0.105%
Price spread now: Nado against tradeXYZ−0.010%7-day average +0.035% · 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−$85as in the Price arb table
costs, in and out, $10k−$800.803% of the position
Funding, last 3 days (all we have)+0.426%+$43 on $10k
+Price spread, last 4 days (all we have)+0.055%+$5 · spread now −0.010%, 7d avg +0.035%
=Together, before fees+0.481%+ Points / potential airdroptradeXYZ: Active · Nado: Active · farm board+$48 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.045% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.010% now, against its 7-day average of +0.035%). If the spread goes back, that is −$4 on $10k: about 2.1 days of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.426% in total) that is about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:MRVL | 261.00 | 0.0050 | pay 0.0006% / 1h | 59m 51s | $14.6M | $8.4M | 10x |
| Short | Nado MRVL-PERP | 260.97 | 0.0121 | get 0.0015% / 1h | 59m 51s | $89K | $274K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $14.96
- Price spread: −0.010% → +0.035%
- −$4.47
- Slippage, 4 orders
- −$55.34
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$69.86
- Costs to cover
- 0.803%
- Break-even
- 39.7 days
Slippage from tradeXYZ: live order book, 9 min ago; Nado: live order book, 63 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, 9 min ago | 0.96 bp | 11.2 bp −$11 | 13.3 bp −$133 | doesn't fit | doesn't fit |
| Sell Nado live order book, 63 min ago | 8.82 bp | 33.7 bp −$34 | 49.6 bp −$496 | 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 | −0.0010% | 8h | 261.11 | +0.042% | $375K | $171K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 261.04 | +0.016% | $313K | $330K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 261.07 | +0.027% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 261.18 | +0.069% | $7.0M | $22.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 261.22 | +0.084% | $5.6M | $8.4M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 261.19 | +0.073% | $5.6M | $16.0M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 261.16 | +0.062% | $719K | $648K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 261.15 | +0.059% | $376 | $188K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 261.10 | +0.038% | $2K | $6.1M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.98 | −0.008% | $132K | $41K | 50x | 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 | +0.0018% | 1h | 261.06 | +0.024% | $606 | $50K | 10x | as long as short |
| Extended MRVL-USD | +0.0024% | 1h | 261.13 | +0.048% | $47K | $351K | 10x | as long as short |
| Binance MRVLUSDT | +0.0024% | 8h | 261.20 | +0.077% | $24.3M | $107.7M | 50x | as long as short |
| QFEX MRVL-USD | +0.0026% | 1h | 261.07 | +0.027% | $1.1M | $3.6M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 261.20 | +0.077% | $94K | $206K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0032% | 1h | 259.84 | −0.444% | $334K | $630K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.89 | −0.042% | $26K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 261.48 | +0.184% | — | $49K | 25x | as long as short |
| tradeXYZ xyz:MRVLlong | +0.0050% | 1h | 261.00 | long leg | $14.6M | $8.4M | 10x | |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.98 | −0.008% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 261.16 | +0.061% | $136 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.88 | −0.046% | $577K | $681K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0053% | 8h | 261.02 | +0.008% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 261.06 | +0.023% | $516K | $61K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 261.02 | +0.008% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 261.03 | +0.011% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 261.03 | +0.012% | $18 | — | 10x | as long as short |
| Nado MRVL-PERPshort | +0.0121% | 1h | 260.97 | −0.010% | $89K | $274K | 10x | |
| Deribit MRVL_USDC-PERPETUAL | +0.0133% | 1h | 261.03 | +0.011% | $23K | $144K | 10x | as long as short |
| Phoenix MRVL | +0.0215% | 1h | 261.18 | +0.069% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.39 | +0.916% | $11K | $693 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0796% | 4h | 261.25 | +0.095% | $37K | $371K | 10x | as long as short |
tradeXYZ xyz:MRVL
BloFin MRVL-USDT
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
HTX MRVL-USDT
Aftermath Perps MRVLUSD
Extended MRVL-USD
Binance MRVLUSDT
Lighter MRVL
Coinbase International MRVL-PERP-INTX
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Deribit MRVL_USDC-PERPETUAL
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC