Funding you earn now, next payment 01:00 UTC−0.0103%/8h= −11.2% APRnext payment −$0.13 per $10,000 · paid last 24h −0.034%
Price spread now: Ondo Perps against Phoenix+0.012%48s7-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
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds 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: −$3 a day on $10k at the current rate. The two prices were read 48 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 | 260.48 | 0.0153 | pay 0.0019% / 1h | 54m 31s | $11K | $12K | 10x |
| Short | Ondo Perps MRVL-USD.P | 260.51 | 0.0050 | get 0.0006% / 1h | 54m 31s | $575K | $677K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- −$21.54
- Price spread: +0.012% → 0.000%
- $1.15
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$32.39
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Ondo Perps: 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 Ondo Perps no order-book sample | — | — | — | — | — |
Phoenix and Ondo Perps: 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 31 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 | 260.60 | +0.046% | $313K | $330K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.72 | +0.092% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.76 | +0.107% | $7.1M | $22.2M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.82 | +0.131% | $5.6M | $8.3M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.81 | +0.127% | $5.6M | $16.0M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 260.75 | +0.104% | $716K | $656K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 260.78 | +0.115% | $472 | $189K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.84 | +0.138% | $2K | $6.2M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.77 | +0.111% | $132K | $41K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0014% | 1h | 260.44 | −0.016% | $884 | $50K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX MRVL-USD | +0.0026% | 1h | 260.78 | +0.115% | $1.1M | $3.7M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 260.77 | +0.111% | $95K | $203K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0032% | 1h | 260.17 | −0.119% | $335K | $631K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.38 | −0.038% | $25K | $26K | 5x | as long as short |
| Binance MRVLUSDT | +0.0045% | 8h | 260.79 | +0.119% | $24.2M | $107.9M | 50x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 261.06 | +0.223% | — | $45K | 25x | as long as short |
| Extended MRVL-USD | +0.0048% | 1h | 260.76 | +0.106% | $51K | $356K | 10x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 260.64 | +0.061% | $14.6M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.72 | +0.092% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.75 | +0.104% | $151 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.Pshort | +0.0050% | 1h | 260.51 | +0.012% | $575K | $677K | 10x | |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 260.73 | +0.095% | — | — | 5x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0095% | 1h | 260.77 | +0.111% | $23K | $143K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 260.75 | +0.104% | $515K | $62K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.50 | +0.008% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.78 | +0.115% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.76 | +0.107% | $18 | — | 10x | as long as short |
| Phoenix MRVLlong | +0.0153% | 1h | 260.48 | long leg | $11K | $12K | 10x | |
| Nado MRVL-PERP | +0.0204% | 1h | 260.67 | +0.074% | $89K | $273K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.02 | +0.975% | $11K | $680 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0932% | 4h | 260.68 | +0.076% | $37K | $369K | 10x | as long as short |
Phoenix MRVL
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
HTX MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
Coinbase International MRVL-PERP-INTX
Binance MRVLUSDT
Extended MRVL-USD
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
Deribit MRVL_USDC-PERPETUAL
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Injective MRVL/USDC PERP
edgeX MRVLUSDC