Funding you earn now, next payment 07:00 UTC−0.0220%/8h= −24.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.046%
Price spread now: Deribit against Injective−1.277%63s7-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 Deribit is 1.277% cheaper against Injective than usual: you would sell low and buy high (−$128 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 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 | 258.37 | 0.0220 | pay 0.0028% / 1h | 55m 46s | $11K | $741 | 12x |
| Short | Deribit MRVL_USDC-PERPETUAL | 255.07 | 0 | get 0.0000% / 1h | 55m 46s | $22K | $144K | 10x |
Injective MRVL/USDC PERP
Deribit MRVL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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: −1.277% → 0.000%
- −$127.72
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$180.94
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Deribit: live order book, 53 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 Deribit live order book, 53 min ago | 5.66 bp | 9.2 bp −$9 | 12.2 bp −$122 | 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 | −0.0700% | 8h | 255.29 | −1.192% | $5.6M | $17.1M | 20x | as long as short |
| BloFin MRVL-USDT | −0.0015% | 8h | 255.59 | −1.076% | $364K | $183K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.22 | −1.220% | $301K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.12 | −1.259% | $46K | $265K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 255.20 | −1.228% | $23.5M | $112.8M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.06 | −1.281% | $5.0M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.18 | −1.235% | $6.7M | $24.0M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.21 | −1.223% | $5.2M | $8.6M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 255.15 | −1.246% | $710K | $482K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 256.06 | −0.893% | $405 | $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 | 255.56 | −1.088% | $1K | $6.0M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUALshort | 0.0000% | 1h | 255.07 | −1.277% | $22K | $144K | 10x | |
| HTX MRVL-USDT | 0.0000% | 8h | 255.46 | −1.126% | $131K | $47K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 255.62 | −1.065% | $595 | $47K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0024% | 1h | 253.60 | −1.846% | $318K | $634K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 255.20 | −1.227% | $88K | $169K | 10x | as long as short |
| QFEX MRVL-USD | +0.0034% | 1h | 255.25 | −1.208% | $1.1M | $3.5M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 255.49 | −1.115% | $24K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.59 | −1.076% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 255.11 | −1.262% | $14.0M | $8.9M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 255.06 | −1.281% | $101K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.09 | −1.269% | $153 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.80 | −0.995% | $564K | $755K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0053% | 8h | 255.22 | −1.218% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0076% | 1h | 255.31 | −1.186% | $87K | $272K | 10x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 255.99 | −0.921% | $4K | $140K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.19 | −1.231% | $2K | $3K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0102% | 8h | 255.31 | −1.184% | $505K | $65K | 20x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.12 | −1.257% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0157% | 1h | 255.84 | −0.979% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERPlong | +0.0220% | 1h | 258.37 | long leg | $11K | $741 | 12x | |
| edgeX MRVLUSDC | +0.0395% | 4h | 255.81 | −0.990% | $36K | $372K | 10x | as long as short |
SunX MRVL-USDT
HTX MRVL-USDT
Aftermath Perps MRVLUSD
Coinbase International MRVL-PERP-INTX
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
Nado MRVL-PERP
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
KuCoin MRVLUSDTM
Aevo MRVL-PERP
Phoenix MRVL
edgeX MRVLUSDC