Funding you earn now, next payment 05:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.07 per $10,000 · paid last 24h −0.017%
Price spread now: Aevo against Phoenix−0.027%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aevo is 0.027% cheaper against Phoenix than usual: you would sell low and buy high (−$3 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 | Phoenix MRVL | 254.38 | 0.0157 | pay 0.0020% / 1h | 33m 14s | $11K | $12K | 10x |
| Short | Aevo MRVL-PERP | 254.31 | 0.0104 | get 0.0013% / 1h | 33m 14s | $18 | — | 10x |
Phoenix MRVL
Aevo MRVL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Phoenix. 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
- −$11.06
- Price spread: −0.027% → 0.000%
- −$2.71
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$36.77
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Aevo: 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Aevo no order-book sample | — | — | — | — | — |
Phoenix and Aevo: 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 | −0.0717% | 8h | 254.31 | −0.028% | $5.5M | $16.6M | 20x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | −0.0536% | 1h | 254.16 | −0.086% | $22K | $144K | 10x | as long as short |
| BloFin MRVL-USDT | −0.0006% | 8h | 254.12 | −0.102% | $367K | $177K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 254.41 | +0.011% | $300K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 254.21 | −0.067% | $47K | $268K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 254.20 | −0.070% | $23.5M | $111.3M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 254.18 | −0.079% | $5.0M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 254.20 | −0.071% | $6.8M | $23.2M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 254.24 | −0.055% | $5.4M | $8.4M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 254.93 | +0.216% | $707K | $493K | — | as long as short |
Bitget MRVLUSDT
Deribit MRVL_USDC-PERPETUAL
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 255.16 | +0.307% | $242 | $191K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 254.29 | −0.035% | $1K | $6.0M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 254.59 | +0.083% | $128K | $43K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0020% | 1h | 254.73 | +0.138% | $651 | $48K | 10x | as long as short |
| QFEX MRVL-USD | +0.0030% | 1h | 254.27 | −0.043% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 254.18 | −0.079% | $88K | $201K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 254.48 | +0.039% | $24K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 254.60 | +0.086% | — | $50K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 254.18 | −0.079% | $14.0M | $8.7M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 254.12 | −0.102% | $101K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 254.16 | −0.086% | $168 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 254.31 | −0.028% | $561K | $750K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 254.47 | +0.036% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0096% | 1h | 253.88 | −0.197% | $318K | $635K | 10x | as long as short |
| Nado MRVL-PERP | +0.0097% | 1h | 254.27 | −0.042% | $87K | $272K | 10x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 254.75 | +0.145% | $4K | $140K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 254.31 | −0.028% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERPshort | +0.0104% | 1h | 254.31 | −0.027% | $18 | — | 10x | |
| KuCoin MRVLUSDTM | +0.0110% | 8h | 254.42 | +0.016% | $503K | $63K | 20x | as long as short |
| edgeX MRVLUSDC | +0.0132% | 4h | 255.02 | +0.253% | $36K | $374K | 10x | as long as short |
| Phoenix MRVLlong | +0.0157% | 1h | 254.38 | long leg | $11K | $12K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.64 | +1.675% | $11K | $735 | 12x | as long as short |
GRVT MRVL_USDT_Perp
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
Coinbase International MRVL-PERP-INTX
Nado MRVL-PERP
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
KuCoin MRVLUSDTM
edgeX MRVLUSDC
Injective MRVL/USDC PERP