Funding you earn now, next payment 09:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.058%
Price spread now: Binance against Injective−1.134%97s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 1.134% cheaper against Injective than usual: you would sell low and buy high (−$113 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 97 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 | Injective MRVL/USDC PERP | 256.63 | 0.0220 | pay 0.0028% / 1h | 47m 44s | $11K | $845 | 12x |
| Short | Binance MRVLUSDT | 253.72 | 0 | get 0.0000% / 8h | 7h 47m | $23.3M | $114.9M | 50x |
Injective MRVL/USDC PERP
Binance MRVLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- −$46.2
- Price spread: −1.134% → 0.000%
- −$113.39
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$169.61
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Binance: live order book, 10 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 10 min ago | 0.39 bp | 7.8 bp −$8 | 18.6 bp −$186 | 74.0 bp −$7,398 | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT MRVL_USDT_Perp | −0.0512% | 8h | 253.63 | −1.168% | $751 | $187K | 10x | as long as short |
| Bitget MRVLUSDT | −0.0460% | 8h | 253.77 | −1.114% | $5.5M | $17.4M | 20x | as long as short |
| BloFin MRVL-USDT | −0.0029% | 8h | 253.94 | −1.048% | $366K | $190K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 253.56 | −1.195% | $299K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 253.66 | −1.155% | $47K | $306K | 10x | as long as short |
| Binance MRVLUSDTshort | 0.0000% | 8h | 253.72 | −1.134% | $23.3M | $114.9M | 50x | |
| Bybit MRVLUSDT | 0.0000% | 8h | 253.59 | −1.185% | $4.9M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 253.70 | −1.142% | $6.7M | $24.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 253.68 | −1.150% | $5.0M | $8.4M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 254.05 | −1.004% | $711K | $455K | — | as long as short |
GRVT MRVL_USDT_Perp
Bitget MRVLUSDT
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVLShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 253.70 | −1.142% | $1K | $5.8M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 253.69 | −1.146% | $22K | $145K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 253.81 | −1.099% | $131K | $48K | 50x | as long as short |
| Nado MRVL-PERP | +0.0008% | 1h | 253.75 | −1.122% | $86K | $272K | 10x | as long as short |
| Aftermath Perps MRVLUSD | +0.0017% | 1h | 253.77 | −1.114% | $1K | $46K | 10x | as long as short |
| QFEX MRVL-USD | +0.0022% | 1h | 253.66 | −1.157% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 253.73 | −1.130% | $88K | $164K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 253.51 | −1.216% | $23K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 253.85 | −1.083% | — | $51K | 25x | as long as short |
| Paradex MRVL-USD-PERP | +0.0048% | 8h | 253.67 | −1.155% | — | — | 5x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 253.61 | −1.177% | $14.0M | $9.1M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 253.59 | −1.185% | $99K | $76K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 253.65 | −1.161% | $112 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 253.62 | −1.173% | $533K | $840K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0072% | 1h | 253.82 | −1.095% | $325K | $664K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 253.60 | −1.181% | $501K | $97K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 253.73 | −1.130% | $4K | $144K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 253.51 | −1.216% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 253.49 | −1.225% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0188% | 1h | 253.30 | −1.298% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERPlong | +0.0220% | 1h | 256.63 | long leg | $11K | $845 | 12x | |
| edgeX MRVLUSDC | +0.0296% | 4h | 253.49 | −1.225% | $36K | $374K | 10x | as long as short |
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Nado MRVL-PERP
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
Paradex MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Coinbase International MRVL-PERP-INTX
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
edgeX MRVLUSDC