Funding you earn now, next payment 04:00 UTC−0.0132%/8h= −14.5% APRnext payment −$0.17 per $10,000 · paid last 24h −0.035%
Price spread now: Coinbase International against Injective−1.613%64s7-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 −$4 a day on $10k at the current rate, and Coinbase International is 1.613% cheaper against Injective than usual: you would sell low and buy high (−$161 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 64 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 | 261.65 | 0.0220 | pay 0.0028% / 1h | 28m 22s | $11K | $734 | 12x |
| Short | Coinbase International MRVL-PERP-INTX | 257.43 | 0.0088 | get 0.0011% / 1h | 28m 22s | $324K | $638K | 10x |
Injective MRVL/USDC PERP
Coinbase International MRVL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$27.72
- Price spread: −1.613% → 0.000%
- −$161.28
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$199.02
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 25 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 Coinbase International live order book, 25 min ago | 5.41 bp | 10.4 bp −$10 | 12.7 bp −$127 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MRVLUSDT | −0.0030% | 8h | 257.38 | −1.632% | $5.5M | $16.3M | 20x | as long as short |
| BloFin MRVL-USDT | −0.0021% | 8h | 257.22 | −1.693% | $369K | $173K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 257.11 | −1.735% | $302K | $338K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 257.24 | −1.685% | $46K | $343K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 257.32 | −1.654% | $23.7M | $109.3M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 257.15 | −1.720% | $5.1M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 257.20 | −1.701% | $6.9M | $22.7M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 257.34 | −1.647% | $5.5M | $8.2M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 257.20 | −1.701% | $713K | $634K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 257.12 | −1.732% | $612 | $191K | 10x | as long as short |
Bitget MRVLUSDT
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
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 | 257.38 | −1.632% | $1K | $6.0M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 256.55 | −1.949% | $129K | $42K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0019% | 1h | 256.98 | −1.784% | $660 | $49K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 257.20 | −1.701% | $1.1M | $3.6M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 257.15 | −1.720% | $89K | $203K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 256.82 | −1.846% | $25K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 257.49 | −1.590% | — | $50K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 257.08 | −1.747% | $14.2M | $8.7M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 257.07 | −1.750% | $102K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 257.23 | −1.689% | $175 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 257.15 | −1.720% | $571K | $755K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 257.03 | −1.766% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0084% | 1h | 256.97 | −1.790% | $88K | $272K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTXshort | +0.0088% | 1h | 257.43 | −1.613% | $324K | $638K | 10x | |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 257.08 | −1.747% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 257.25 | −1.682% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 257.18 | −1.709% | $18 | — | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0114% | 8h | 257.33 | −1.651% | $509K | $62K | 20x | as long as short |
| Phoenix MRVL | +0.0185% | 1h | 257.24 | −1.685% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERPlong | +0.0220% | 1h | 261.65 | long leg | $11K | $734 | 12x | |
| Deribit MRVL_USDC-PERPETUAL | +0.0489% | 1h | 257.24 | −1.685% | $22K | $144K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0659% | 4h | 257.10 | −1.739% | $36K | $374K | 10x | as long as short |
SunX MRVL-USDT
HTX MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
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
Nado MRVL-PERP
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
KuCoin MRVLUSDTM
Phoenix MRVL
Deribit MRVL_USDC-PERPETUAL
edgeX MRVLUSDC