Funding you earn now, next payment 01:00 UTC+0.0145%/8h= +15.9% APRnext payment +$0.18 per $10,000 · paid last 24h +0.005%
Price spread now: Phoenix against Coinbase International+0.050%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 +$4 a day on $10k at the current rate, and Phoenix is 0.050% dearer against Coinbase International than usual: you sell high and buy low: +$5 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 | Coinbase International MRVL-PERP-INTX | 260.67 | 0.0008 | pay 0.0001% / 1h | 46m 56s | $335K | $655K | 10x |
| Short | Phoenix MRVL | 260.80 | 0.0153 | get 0.0019% / 1h | 46m 56s | $11K | $12K | 10x |
Coinbase International MRVL-PERP-INTX
Phoenix MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Coinbase International. 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
- $30.44
- Price spread: +0.050% → 0.000%
- $4.99
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $18.43
- Costs to cover
- 0.170%
- Break-even
- 2.8 days
Slippage unknown: Coinbase International: live order book, 21 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 Coinbase International live order book, 21 min ago | 0.19 bp | 6.3 bp −$6 | 13.3 bp −$133 | 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-USDT | −0.0023% | 8h | 260.60 | −0.027% | $378K | $171K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 260.43 | −0.093% | $313K | $330K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.34 | −0.127% | $5.1M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.40 | −0.104% | $7.0M | $22.1M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.45 | −0.084% | $5.6M | $8.6M | 50x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.36 | −0.119% | $1K | $6.5M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 260.24 | −0.165% | $23K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.63 | −0.015% | $132K | $41K | 50x | as long as short |
| Coinbase International MRVL-PERP-INTXlong | +0.0008% | 1h | 260.67 | long leg | $335K | $655K | 10x | |
| Aftermath Perps MRVLUSD | +0.0012% | 1h | 260.60 | −0.026% | $885 | $51K | 10x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX MRVL-USD | +0.0023% | 1h | 260.26 | −0.157% | $1.1M | $3.9M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 260.40 | −0.104% | $95K | $205K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.41 | −0.100% | $25K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 260.74 | +0.027% | — | $43K | 25x | as long as short |
| Variational Omni MRVL | +0.0048% | 8h | 260.71 | +0.015% | $724K | $763K | — | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 260.31 | −0.138% | $14.7M | $8.3M | 10x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0050% | 8h | 260.66 | −0.003% | $1K | $196K | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.31 | −0.138% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.38 | −0.111% | $99 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.34 | −0.127% | $567K | $731K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 260.21 | −0.176% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0068% | 1h | 260.27 | −0.155% | $89K | $319K | 10x | as long as short |
| Extended MRVL-USD | +0.0096% | 1h | 260.38 | −0.110% | $47K | $350K | 10x | as long as short |
| Binance MRVLUSDT | +0.0100% | 8h | 260.43 | −0.092% | $24.2M | $111.4M | 50x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 260.53 | −0.054% | $515K | $64K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.71 | +0.015% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.35 | −0.123% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.36 | −0.119% | $18 | — | 10x | as long as short |
| Phoenix MRVLshort | +0.0153% | 1h | 260.80 | +0.050% | $11K | $12K | 10x | |
| Bitget MRVLUSDT | +0.0161% | 8h | 260.44 | −0.088% | $5.5M | $16.3M | 20x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.37 | +1.036% | $11K | $673 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0346% | 4h | 260.73 | +0.023% | $37K | $371K | 10x | as long as short |
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
Variational Omni MRVL
tradeXYZ xyz:MRVL
GRVT MRVL_USDT_Perp
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Nado MRVL-PERP
Extended MRVL-USD
Binance MRVLUSDT
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Bitget MRVLUSDT
Injective MRVL/USDC PERP
edgeX MRVLUSDC