Funding you earn now, next payment 23:00 UTC−0.0146%/8h= −16.0% APRpaid last 24h —
Price spread now: Paradex against Phoenix+0.091%46s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Paradex is 0.091% dearer against Phoenix than usual: you sell high and buy low (spread +0.091% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.1 days. The two prices were read 46 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 | 258.86 | 0.0217 | pay 0.0027% / 1h | 46m 13s | $11K | $12K | 10x |
| Short | Paradex MRVL-USD-PERP | 259.10 | 0.0070 | get 0.0070% / 8h | 46m 13s | — | — | 5x |
Phoenix MRVL
Paradex MRVL-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$30.72
- Price spread: +0.091% → 0.000%
- $9.11
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$32.61
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Paradex: 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 Paradex no order-book sample | — | — | — | — | — |
Phoenix and Paradex: 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 | −0.0002% | 8h | 259.16 | +0.116% | $376K | $170K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 258.85 | −0.004% | $312K | $328K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 259.19 | +0.129% | $49K | $206K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 259.26 | +0.155% | $24.3M | $114.7M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 259.10 | +0.093% | $5.1M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 259.18 | +0.124% | $7.1M | $22.6M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 259.22 | +0.139% | $5.7M | $9.7M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 259.15 | +0.112% | $5.6M | $16.6M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 258.97 | +0.044% | $720K | $763K | — | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 259.24 | +0.147% | $2K | $6.9M | 10x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX MRVL-USDT | 0.0000% | 8h | 259.04 | +0.070% | $131K | $80K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 258.90 | +0.016% | $601 | $53K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 259.23 | +0.143% | $96K | $213K | 10x | as long as short |
| QFEX MRVL-USD | +0.0038% | 1h | 259.17 | +0.120% | $1.1M | $4.3M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 258.70 | −0.062% | $25K | $29K | 5x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0043% | 8h | 259.06 | +0.076% | $746 | $228K | 10x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 259.38 | +0.201% | — | $46K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 259.08 | +0.085% | $14.6M | $9.3M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 259.03 | +0.066% | $109K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 259.20 | +0.131% | $213 | $14K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 258.91 | +0.019% | $591K | $926K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0064% | 1h | 258.35 | −0.197% | $319K | $885K | 10x | as long as short |
| Paradex MRVL-USD-PERPshort | +0.0070% | 8h | 259.10 | +0.091% | — | — | 5x | |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 258.96 | +0.039% | $513K | $69K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 258.71 | −0.058% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 259.16 | +0.116% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 259.13 | +0.103% | $18 | — | 10x | as long as short |
| Phoenix MRVLlong | +0.0217% | 1h | 258.86 | long leg | $11K | $12K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 261.48 | +1.012% | $11K | $616 | 12x | as long as short |
| Nado MRVL-PERP | +0.0223% | 1h | 258.85 | −0.005% | $87K | $316K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0512% | 4h | 258.98 | +0.048% | $36K | $369K | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0831% | 1h | 259.22 | +0.139% | $22K | $143K | 10x | as long as short |
HTX MRVL-USDT
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
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