Funding you earn now, next payment 04:00 UTC−0.0185%/8h= −20.3% APRnext payment −$0.23 per $10,000 · paid last 24h −0.034%
Price spread now: Extended against Phoenix−0.113%108s7-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
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Extended is 0.113% cheaper against Phoenix than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 108 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 | 257.24 | 0.0185 | pay 0.0023% / 1h | 27m 39s | $11K | $12K | 10x |
| Short | Extended MRVL-USD | 256.95 | 0 | get 0.0000% / 1h | 27m 39s | $46K | $343K | 10x |
Phoenix MRVL
Extended MRVL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$38.86
- Price spread: −0.113% → 0.000%
- −$11.3
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$62.15
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Extended: live order book, 25 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 Extended live order book, 25 min ago | 0.97 bp | 7.0 bp −$7 | 32.6 bp −$326 | 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 | −0.0042% | 8h | 257.09 | −0.058% | $5.5M | $16.3M | 20x | as long as short |
| BloFin MRVL-USDT | −0.0021% | 8h | 257.22 | −0.008% | $369K | $173K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 256.83 | −0.159% | $302K | $338K | 50x | as long as short |
| Extended MRVL-USDshort | 0.0000% | 1h | 256.95 | −0.113% | $46K | $343K | 10x | |
| Binance MRVLUSDT | 0.0000% | 8h | 256.92 | −0.124% | $23.6M | $109.3M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 256.80 | −0.171% | $5.1M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 256.84 | −0.155% | $6.9M | $22.7M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 257.05 | −0.074% | $5.5M | $8.2M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 257.20 | −0.016% | $713K | $634K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 257.16 | −0.030% | $612 | $191K | 10x | as long as short |
Bitget MRVLUSDT
BloFin MRVL-USDT
Aster MRVLUSDT
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 | 257.38 | +0.054% | $1K | $6.0M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 256.55 | −0.268% | $129K | $42K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0019% | 1h | 256.98 | −0.100% | $660 | $49K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 256.94 | −0.117% | $1.1M | $3.6M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 257.00 | −0.093% | $89K | $203K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 256.84 | −0.155% | $25K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 257.49 | +0.097% | — | $50K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 256.85 | −0.152% | $14.1M | $8.7M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 257.07 | −0.066% | $102K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 257.23 | −0.004% | $175 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 257.11 | −0.051% | $571K | $755K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0050% | 8h | 257.13 | −0.044% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0084% | 1h | 256.97 | −0.107% | $88K | $272K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0088% | 1h | 257.43 | +0.074% | $324K | $638K | 10x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 257.08 | −0.062% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 257.25 | +0.004% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 257.18 | −0.024% | $18 | — | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0114% | 8h | 257.33 | +0.035% | $509K | $62K | 20x | as long as short |
| Phoenix MRVLlong | +0.0185% | 1h | 257.24 | long leg | $11K | $12K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 261.65 | +1.714% | $11K | $734 | 12x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0489% | 1h | 257.24 | 0.000% | $22K | $144K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0879% | 4h | 257.09 | −0.058% | $36K | $371K | 10x | as long as short |
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
Nado MRVL-PERP
Coinbase International MRVL-PERP-INTX
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
KuCoin MRVLUSDTM
Injective MRVL/USDC PERP
Deribit MRVL_USDC-PERPETUAL
edgeX MRVLUSDC