Funding you earn now, next payment 03:00 UTC+0.0176%/8h= +19.2% APRpaid last 24h +0.045%
Price spread now: Phoenix against BloFin+0.150%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phoenix is 0.150% dearer against BloFin than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MRVL-USDT | 260.36 | −0.0023 | get 0.0023% / 8h | 4h 16m | $374K | $172K | 50x |
| Short | Phoenix MRVL | 260.75 | 0.0153 | get 0.0019% / 1h | 16m 39s | $11K | $12K | 10x |
BloFin MRVL-USDT
Phoenix MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against BloFin. 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
- $36.91
- Price spread: +0.150% → 0.000%
- $14.98
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $32.89
- Costs to cover
- 0.190%
- Break-even
- 0.8 days
Slippage unknown: BloFin: live order book, 19 min ago; 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 BloFin live order book, 19 min ago | 0.96 bp | 7.3 bp −$7 | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDTlong | −0.0023% | 8h | 260.36 | long leg | $374K | $172K | 50x | |
| Aster MRVLUSDT | 0.0000% | 8h | 260.48 | +0.044% | $313K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 260.34 | −0.006% | $47K | $345K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 260.42 | +0.023% | $24.1M | $107.7M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.30 | −0.023% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.33 | −0.012% | $7.0M | $22.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.35 | −0.004% | $5.6M | $8.1M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.43 | +0.027% | $5.6M | $16.0M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 260.79 | +0.164% | $718K | $635K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 260.55 | +0.073% | $662 | $189K | 10x | as long as short |
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 260.31 | −0.019% | $1K | $6.1M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 260.19 | −0.065% | $23K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.36 | 0.000% | $131K | $42K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0020% | 1h | 260.34 | −0.007% | $604 | $49K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 260.43 | +0.027% | $94K | $200K | 10x | as long as short |
| QFEX MRVL-USD | +0.0038% | 1h | 260.35 | −0.004% | $1.1M | $3.6M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.24 | −0.046% | $26K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 260.70 | +0.131% | — | $49K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 260.25 | −0.042% | $14.6M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.12 | −0.092% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.29 | −0.027% | $115 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.26 | −0.038% | $575K | $679K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0055% | 8h | 260.34 | −0.008% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0064% | 1h | 259.84 | −0.200% | $334K | $628K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 260.56 | +0.077% | $514K | $60K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.56 | +0.077% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.30 | −0.023% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.25 | −0.041% | $18 | — | 10x | as long as short |
| Nado MRVL-PERP | +0.0127% | 1h | 260.24 | −0.046% | $89K | $272K | 10x | as long as short |
| Phoenix MRVLshort | +0.0153% | 1h | 260.75 | +0.150% | $11K | $12K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.30 | +1.129% | $11K | $705 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0680% | 4h | 260.48 | +0.047% | $37K | $372K | 10x | as long as short |
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
QFEX MRVL-USD
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Coinbase International MRVL-PERP-INTX
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Nado MRVL-PERP
Injective MRVL/USDC PERP
edgeX MRVLUSDC