MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0170%/8h= +18.7% APRnext payment +$0.21 per $10,000 · paid last 24h +0.038%

Price spread now: Phoenix against Aftermath Perps−0.148%63s7-day average — · you buy dearer than you sell

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

Long on Aftermath Perps Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 4 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 0.148% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.148% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 2.9 days of funding at the current rate (+$5 a day). The two prices were read 63 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	Aftermath Perps MRVLUSD	253.68	0.0018	pay 0.0002% / 1h	45m 57s	$998	$46K	10x
Short	Phoenix MRVL	253.30	0.0188	get 0.0023% / 1h	45m 57s	$11K	$12K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Aftermath Perps. 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 Aftermath PerpsbpFee PhoenixbpOrdersPrice spread, now −0.148%Rate

Funding earned: $35.77
Price spread: −0.148% → 0.000%: −$14.84
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $4.94
Costs to cover: 0.160%
Break-even: 6.0 days

Slippage unknown: Aftermath Perps: 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Phoenix no order-book sample	—	—	—	—	—

Aftermath Perps 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	−0.0455%	8h	253.90	+0.088%	$5.5M	$17.4M	20x	as long as short
BloFin MRVL-USDT	−0.0018%	8h	253.68	+0.001%	$365K	$190K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	253.58	−0.038%	$299K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	253.72	+0.017%	$47K	$306K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	253.72	+0.015%	$23.3M	$115.0M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	253.54	−0.054%	$4.9M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	253.84	+0.064%	$6.7M	$24.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	253.66	−0.006%	$5.0M	$8.4M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	254.05	+0.148%	$711K	$455K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	253.96	+0.112%	$752	$187K	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	253.65	−0.010%	$1K	$5.8M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	253.75	+0.029%	$130K	$48K	50x	as long as short
Aftermath Perps MRVLUSDlong	+0.0018%	1h	253.68	long leg	$998	$46K	10x
Nado MRVL-PERP	+0.0019%	1h	253.62	−0.020%	$86K	$272K	10x	as long as short
QFEX MRVL-USD	+0.0022%	1h	253.70	+0.009%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	253.56	−0.046%	$88K	$164K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	253.39	−0.113%	$23K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	253.86	+0.072%	—	$51K	25x	as long as short
Paradex MRVL-USD-PERP	+0.0048%	8h	253.42	−0.103%	—	—	5x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	253.60	−0.030%	$14.0M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	253.74	+0.025%	$99K	$76K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	253.60	−0.030%	$112	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	253.62	−0.022%	$539K	$840K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0066%	1h	253.57	−0.042%	$22K	$145K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0072%	1h	253.73	+0.021%	$325K	$663K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	253.57	−0.042%	$502K	$98K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	253.55	−0.050%	$4K	$144K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	253.61	−0.026%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	253.58	−0.038%	$18	—	10x	as long as short
edgeX MRVLUSDC	+0.0177%	4h	253.68	+0.003%	$36K	$375K	10x	as long as short
Phoenix MRVLshort	+0.0188%	1h	253.30	−0.148%	$11K	$12K	10x
Injective MRVL/USDC PERP	+0.0220%	1h	256.63	+1.164%	$11K	$845	12x	as long as short