Funding you earn now, next payment 07:00 UTC−0.0170%/8h= −18.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.051%
Price spread now: tradeXYZ against Injective−1.385%74s7-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
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and tradeXYZ is 1.385% cheaper against Injective than usual: you would sell low and buy high (−$138 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 74 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 | 257.82 | 0.0220 | pay 0.0028% / 1h | 40m 08s | $11K | $853 | 12x |
| Short | tradeXYZ xyz:MRVL | 254.25 | 0.0050 | get 0.0006% / 1h | 40m 08s | $14.0M | $8.9M | 10x |
Injective MRVL/USDC PERP
tradeXYZ xyz:MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$35.7
- Price spread: −1.385% → 0.000%
- −$138.47
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$192.19
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; tradeXYZ: live order book, 9 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 tradeXYZ live order book, 9 min ago | 0.98 bp | 10.4 bp −$10 | 12.9 bp −$129 | 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 | −0.0792% | 8h | 254.51 | −1.284% | $5.5M | $17.1M | 20x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | −0.0064% | 1h | 254.50 | −1.288% | $22K | $144K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 254.38 | −1.335% | $300K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 254.53 | −1.277% | $50K | $269K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 254.35 | −1.345% | $23.4M | $113.3M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 254.36 | −1.342% | $5.0M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 254.40 | −1.327% | $6.7M | $24.1M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 254.44 | −1.311% | $5.1M | $8.6M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 254.25 | −1.384% | $708K | $478K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 254.52 | −1.279% | $621 | $191K | 10x | as long as short |
Bitget MRVLUSDT
Deribit MRVL_USDC-PERPETUAL
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 | 254.62 | −1.241% | $1K | $6.0M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 254.60 | −1.249% | $131K | $47K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0005% | 8h | 254.35 | −1.346% | $364K | $183K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0015% | 1h | 254.54 | −1.270% | $593 | $47K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0024% | 1h | 254.72 | −1.202% | $324K | $642K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 254.44 | −1.311% | $88K | $169K | 10x | as long as short |
| QFEX MRVL-USD | +0.0034% | 1h | 254.53 | −1.276% | $1.1M | $3.5M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 254.32 | −1.358% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 254.71 | −1.206% | — | $51K | 25x | as long as short |
| Nado MRVL-PERP | +0.0049% | 1h | 254.39 | −1.332% | $87K | $272K | 10x | as long as short |
| tradeXYZ xyz:MRVLshort | +0.0050% | 1h | 254.25 | −1.385% | $14.0M | $8.9M | 10x | |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 254.33 | −1.354% | $101K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 254.40 | −1.327% | $148 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 254.16 | −1.420% | $552K | $787K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 254.40 | −1.327% | — | — | 5x | as long as short |
| edgeX MRVLUSDC | +0.0074% | 4h | 254.54 | −1.274% | $36K | $375K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 254.65 | −1.230% | $503K | $66K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 254.61 | −1.245% | $4K | $140K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 254.58 | −1.257% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 254.54 | −1.272% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0156% | 1h | 254.66 | −1.226% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERPlong | +0.0220% | 1h | 257.82 | long leg | $11K | $853 | 12x |
SunX MRVL-USDT
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Coinbase International MRVL-PERP-INTX
Lighter MRVL
QFEX MRVL-USD
Arcus MRVL-USD
Vest MRVL-USD-PERP
Nado MRVL-PERP
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
edgeX MRVLUSDC
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL