Funding you earn now, next payment 05:00 UTC+0.0803%/8h= +88.0% APRpaid last 24h +0.006%
Price spread now: edgeX against Phoenix+0.143%115s7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and edgeX is 0.143% dearer against Phoenix than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 115 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 | Phoenix MRVL | 254.22 | 0.0157 | pay 0.0020% / 1h | 27m 41s | $11K | $12K | 10x |
| Short | edgeX MRVLUSDC | 254.58 | 0.0960 | get 0.0480% / 4h | 2h 27m | $36K | $372K | 10x |
Phoenix MRVL
edgeX MRVLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $168.73
- Price spread: +0.143% → 0.000%
- $14.28
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $167.01
- Costs to cover
- 0.160%
- Break-even
- 0.1 days
Slippage unknown: Phoenix: no order-book sample; edgeX: live order book, 21 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 edgeX live order book, 21 min ago | 5.46 bp | 10.2 bp −$10 | 14.9 bp −$149 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MRVLUSDT | −0.0818% | 8h | 253.78 | −0.173% | $5.5M | $16.7M | 20x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 253.74 | −0.190% | $299K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 253.60 | −0.242% | $47K | $268K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 253.69 | −0.208% | $23.5M | $111.3M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 253.65 | −0.224% | $5.0M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 253.77 | −0.177% | $6.7M | $23.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 253.56 | −0.260% | $5.3M | $8.4M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 254.22 | −0.002% | $705K | $491K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 254.58 | +0.140% | $1K | $191K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 253.81 | −0.161% | $2K | $6.0M | 10x | as long as short |
Bitget MRVLUSDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 253.69 | −0.208% | $22K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 254.46 | +0.094% | $128K | $43K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0007% | 8h | 254.47 | +0.098% | $367K | $178K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0019% | 1h | 254.45 | +0.090% | $591 | $48K | 10x | as long as short |
| QFEX MRVL-USD | +0.0030% | 1h | 253.65 | −0.224% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 253.62 | −0.236% | $88K | $201K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 254.02 | −0.079% | $24K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 254.25 | +0.012% | — | $50K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 253.57 | −0.256% | $13.9M | $8.7M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 253.68 | −0.212% | $101K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 253.89 | −0.130% | $178 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 253.55 | −0.264% | $559K | $741K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 253.63 | −0.233% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0081% | 1h | 253.80 | −0.165% | $87K | $272K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0096% | 1h | 253.60 | −0.244% | $318K | $634K | 10x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 254.29 | +0.028% | $4K | $140K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 253.77 | −0.177% | $2K | $3K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0103% | 8h | 253.84 | −0.149% | $501K | $63K | 20x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 253.74 | −0.190% | $18 | — | 10x | as long as short |
| Phoenix MRVLlong | +0.0157% | 1h | 254.22 | long leg | $11K | $12K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.64 | +1.739% | $11K | $735 | 12x | as long as short |
| edgeX MRVLUSDCshort | +0.0960% | 4h | 254.58 | +0.143% | $36K | $372K | 10x |
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
BloFin 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
Coinbase International MRVL-PERP-INTX
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
KuCoin MRVLUSDTM
Aevo MRVL-PERP
Injective MRVL/USDC PERP