Funding you earn now, next payment 23:00 UTC−0.0217%/8h= −23.7% APRpaid last 24h −0.046%
Price spread now: HTX against Phoenix−0.035%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 −$6 a day on $10k at the current rate, and HTX is 0.035% 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 | 259.19 | 0.0217 | pay 0.0027% / 1h | 44m 25s | $11K | $12K | 10x |
| Short | HTX MRVL-USDT | 259.10 | 0 | get 0.0000% / 8h | 44m 25s | $131K | $80K | 50x |
Phoenix MRVL
HTX MRVL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$45.47
- Price spread: −0.035% → 0.000%
- −$3.47
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$67.95
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; HTX: live order book, 32 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 HTX live order book, 32 min ago | 2.90 bp | 8.9 bp −$9 | 16.0 bp −$160 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDT | −0.0025% | 8h | 259.14 | −0.019% | $375K | $170K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 258.93 | −0.099% | $312K | $328K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 258.99 | −0.076% | $49K | $206K | 10x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 259.02 | −0.066% | $5.1M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 259.07 | −0.046% | $7.1M | $22.6M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 259.13 | −0.023% | $5.6M | $9.7M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 259.03 | −0.062% | $5.6M | $16.6M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 259.17 | −0.007% | $720K | $763K | — | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 259.14 | −0.019% | $1K | $6.9M | 10x | as long as short |
| HTX MRVL-USDTshort | 0.0000% | 8h | 259.10 | −0.035% | $131K | $80K | 50x |
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
SunX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MRVLUSDT | +0.0005% | 8h | 259.10 | −0.033% | $24.3M | $114.7M | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0019% | 1h | 258.98 | −0.080% | $601 | $53K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 259.09 | −0.039% | $96K | $213K | 10x | as long as short |
| QFEX MRVL-USD | +0.0038% | 1h | 258.99 | −0.077% | $1.1M | $4.3M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 258.81 | −0.147% | $25K | $29K | 5x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0043% | 8h | 259.06 | −0.052% | $746 | $228K | 10x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 259.40 | +0.081% | — | $46K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 258.96 | −0.089% | $14.6M | $9.3M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 259.03 | −0.062% | $109K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 259.09 | −0.039% | $223 | $14K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 258.91 | −0.108% | $591K | $926K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0064% | 1h | 258.35 | −0.324% | $319K | $885K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0071% | 8h | 258.91 | −0.107% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 258.95 | −0.093% | $513K | $69K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 258.83 | −0.139% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 259.16 | −0.012% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 259.12 | −0.027% | $18 | — | 10x | as long as short |
| Phoenix MRVLlong | +0.0217% | 1h | 259.19 | long leg | $11K | $12K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 261.85 | +1.026% | $11K | $620 | 12x | as long as short |
| Nado MRVL-PERP | +0.0233% | 1h | 258.90 | −0.113% | $87K | $316K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0512% | 4h | 258.98 | −0.079% | $36K | $369K | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0561% | 1h | 259.17 | −0.008% | $22K | $143K | 10x | as long as short |
Binance MRVLUSDT
Aftermath Perps MRVLUSD
Lighter MRVL
QFEX MRVL-USD
Arcus MRVL-USD
GRVT MRVL_USDT_Perp
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Coinbase International MRVL-PERP-INTX
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Injective MRVL/USDC PERP
Nado MRVL-PERP
edgeX MRVLUSDC
Deribit MRVL_USDC-PERPETUAL