Funding you earn now, next payment 21:00 UTC−0.0041%/8h= −4.5% APRpaid last 24h +0.126%
Price spread now: Phoenix against edgeX−0.045%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Phoenix is 0.045% cheaper against edgeX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MRVLUSDC | 257.36 | 0.0197 | pay 0.0098% / 4h | 2h 04m | $36K | $367K | 10x |
| Short | Phoenix MRVL | 257.24 | 0.0156 | get 0.0019% / 1h | 4m 53s | $11K | $12K | 10x |
edgeX MRVLUSDC
Phoenix MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against edgeX. 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
- −$8.55
- Price spread: −0.045% → 0.000%
- −$4.51
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$29.06
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 18 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 edgeX live order book, 18 min ago | 5.44 bp | 10.3 bp −$10 | 14.9 bp −$149 | 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 | 257.27 | −0.033% | $376K | $172K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 257.27 | −0.035% | $310K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 257.29 | −0.025% | $44K | $190K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 257.32 | −0.014% | $24.1M | $115.2M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 257.24 | −0.045% | $5.1M | $4.2M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 257.27 | −0.033% | $7.1M | $22.6M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 257.35 | −0.002% | $5.5M | $10.0M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 257.32 | −0.014% | $5.6M | $16.4M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 257.38 | +0.009% | $710K | $760K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 257.34 | −0.006% | $394 | $249K | 10x | as long as short |
BloFin MRVL-USDT
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 | 257.30 | −0.022% | $1K | $7.0M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 257.24 | −0.045% | $22K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 257.25 | −0.041% | $130K | $81K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0015% | 1h | 257.19 | −0.064% | $597 | $54K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 257.39 | +0.013% | $91K | $219K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 257.07 | −0.111% | $25K | $30K | 5x | as long as short |
| QFEX MRVL-USD | +0.0043% | 1h | 257.34 | −0.006% | $1.1M | $4.2M | 10x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 257.51 | +0.060% | — | $41K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 257.20 | −0.061% | $14.5M | $9.8M | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 257.30 | −0.022% | $262 | $14K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 257.19 | −0.065% | $585K | $939K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0062% | 8h | 257.26 | −0.038% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 257.18 | −0.068% | $509K | $72K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 257.10 | −0.100% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 257.39 | +0.013% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 257.37 | +0.004% | $18 | — | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0112% | 1h | 257.13 | −0.088% | $317K | $890K | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0125% | 1h | 257.46 | +0.040% | $106K | $64K | 10x | as long as short |
| Phoenix MRVLshort | +0.0156% | 1h | 257.24 | −0.045% | $11K | $12K | 10x | |
| edgeX MRVLUSDClong | +0.0197% | 4h | 257.36 | long leg | $36K | $367K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 259.72 | +0.919% | $11K | $609 | 12x | as long as short |
| Nado MRVL-PERP | +0.0409% | 1h | 257.16 | −0.078% | $509K | $66K | 10x | as long as short |
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
Arcus MRVL-USD
QFEX MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Coinbase International MRVL-PERP-INTX
Polymarket Perps MRVL-USD
Injective MRVL/USDC PERP
Nado MRVL-PERP