Funding you earn now, next payment 00:00 UTC−0.0192%/8h= −21.0% APRnext payment −$0.24 per $10,000 · paid last 24h +0.002%
Price spread now: Coinbase International against Phoenix−0.004%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix MRVL | 260.68 | 0.0216 | pay 0.0027% / 1h | 32m 34s | $11K | $12K | 10x |
| Short | Coinbase International MRVL-PERP-INTX | 260.67 | 0.0024 | get 0.0003% / 1h | 32m 34s | $335K | $789K | 10x |
Phoenix MRVL
Coinbase International MRVL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$40.23
- Price spread: −0.004% → 0.000%
- −$0.38
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$57.62
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Coinbase International: live order book, 41 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 41 min ago | 0.19 bp | 9.0 bp −$9 | 13.4 bp −$134 | doesn't fit | doesn't fit |
Phoenix: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRVLUSDT | 0.0000% | 8h | 260.67 | −0.003% | $314K | $328K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.97 | +0.111% | $5.1M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 261.08 | +0.153% | $7.1M | $22.7M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.80 | +0.046% | $5.6M | $9.5M | 50x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.54 | −0.054% | $1K | $6.7M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 260.50 | −0.069% | $23K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.99 | +0.119% | $132K | $51K | 50x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0007% | 8h | 260.63 | −0.019% | $279 | $206K | 10x | as long as short |
| Aftermath Perps MRVLUSD | +0.0015% | 1h | 260.79 | +0.043% | $886 | $52K | 10x | as long as short |
| Variational Omni MRVL | +0.0017% | 8h | 260.90 | +0.086% | $724K | $764K | — | as long as short |
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
GRVT MRVL_USDT_Perp
Aftermath Perps MRVLUSD
Variational Omni MRVLShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDT | +0.0022% | 8h | 260.62 | −0.023% | $375K | $169K | 50x | as long as short |
| Coinbase International MRVL-PERP-INTXshort | +0.0024% | 1h | 260.67 | −0.004% | $335K | $789K | 10x | |
| QFEX MRVL-USD | +0.0027% | 1h | 260.98 | +0.115% | $1.1M | $4.2M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 260.88 | +0.077% | $95K | $209K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.53 | −0.058% | $26K | $28K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 261.30 | +0.238% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 261.00 | +0.123% | $14.7M | $8.9M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 261.10 | +0.161% | $105K | $86K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.93 | +0.096% | $571K | $941K | 10x | as long as short |
| Nado MRVL-PERP | +0.0052% | 1h | 260.85 | +0.067% | $88K | $317K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0055% | 8h | 260.80 | +0.046% | — | — | 5x | as long as short |
| Binance MRVLUSDT | +0.0067% | 8h | 261.09 | +0.157% | $24.2M | $114.7M | 50x | as long as short |
| SoDEX MRVL-USD | +0.0069% | 1h | 260.54 | −0.054% | $109 | $14K | 10x | as long as short |
| Extended MRVL-USD | +0.0072% | 1h | 260.84 | +0.062% | $47K | $335K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 260.99 | +0.119% | $517K | $67K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 261.17 | +0.188% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.54 | −0.054% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.54 | −0.053% | $18 | — | 10x | as long as short |
| Bitget MRVLUSDT | +0.0117% | 8h | 260.91 | +0.088% | $5.6M | $16.5M | 20x | as long as short |
| Phoenix MRVLlong | +0.0216% | 1h | 260.68 | long leg | $11K | $12K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.77 | +1.185% | $11K | $652 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0705% | 4h | 260.73 | +0.019% | $37K | $370K | 10x | as long as short |
BloFin MRVL-USDT
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
Ondo Perps MRVL-USD.P
Nado MRVL-PERP
Paradex MRVL-USD-PERP
Binance MRVLUSDT
SoDEX MRVL-USD
Extended MRVL-USD
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Bitget MRVLUSDT
Injective MRVL/USDC PERP
edgeX MRVLUSDC