MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.07 per $10,000 · paid last 24h +0.017%

Price spread now: Phoenix against Aevo−0.064%54s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Phoenix is 0.064% cheaper against Aevo than usual: you would sell low and buy high (spread −0.064% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 4.1 days of funding at the current rate (+$2 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo MRVL-PERP	254.54	0.0104	pay 0.0013% / 1h	33m 27s	$18	—	10x
Short	Phoenix MRVL	254.38	0.0157	get 0.0020% / 1h	33m 27s	$11K	$12K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AevobpFee PhoenixbpOrdersPrice spread, now −0.064%Rate

Funding earned: $11.06
Price spread: −0.064% → 0.000%: −$6.42
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$18.35
Costs to cover: 0.230%
Break-even: 18.6 days

Slippage unknown: Aevo: no order-book sample; Phoenix: no order-book sample. 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 Aevo no order-book sample	—	—	—	—	—
Sell Phoenix no order-book sample	—	—	—	—	—

Aevo and Phoenix: 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 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	−0.0717%	8h	254.35	−0.076%	$5.5M	$16.6M	20x	as long as short
BloFin MRVL-USDT	−0.0022%	8h	255.11	+0.223%	$369K	$177K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	254.34	−0.078%	$300K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	254.37	−0.067%	$47K	$268K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	254.27	−0.107%	$23.5M	$111.3M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	254.16	−0.151%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	254.18	−0.143%	$6.8M	$23.2M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	254.28	−0.103%	$5.4M	$8.4M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	254.93	+0.152%	$707K	$493K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.16	+0.242%	$242	$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	254.65	+0.042%	$1K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	254.51	−0.013%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	254.55	+0.003%	$128K	$43K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	254.73	+0.074%	$651	$48K	10x	as long as short
QFEX MRVL-USD	+0.0030%	1h	254.27	−0.107%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	254.47	−0.029%	$88K	$201K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.48	−0.025%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	254.60	+0.022%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	254.18	−0.143%	$14.0M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	254.12	−0.166%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	254.60	+0.022%	$168	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.31	−0.092%	$561K	$750K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	254.47	−0.028%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	253.88	−0.261%	$318K	$635K	10x	as long as short
Nado MRVL-PERP	+0.0097%	1h	254.27	−0.106%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	254.75	+0.081%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	254.53	−0.005%	$2K	$3K	10x	as long as short
Aevo MRVL-PERPlong	+0.0104%	1h	254.54	long leg	$18	—	10x
KuCoin MRVLUSDTM	+0.0110%	8h	254.42	−0.048%	$503K	$63K	20x	as long as short
edgeX MRVLUSDC	+0.0132%	4h	255.02	+0.188%	$36K	$374K	10x	as long as short
Phoenix MRVLshort	+0.0157%	1h	254.38	−0.064%	$11K	$12K	10x
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+1.609%	$11K	$735	12x	as long as short