Funding you earn now, next payment 07:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.09 per $10,000 · paid last 24h +0.034%
Price spread now: Phoenix against tradeXYZ+0.094%7-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 +$2 a day on $10k at the current rate, and Phoenix is 0.094% dearer against tradeXYZ than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:MRVL | 255.07 | 0.0050 | pay 0.0006% / 1h | 7m 21s | $14.1M | $9.1M | 10x |
| Short | Phoenix MRVL | 255.31 | 0.0125 | get 0.0016% / 1h | 7m 21s | $11K | $12K | 10x |
tradeXYZ xyz:MRVL
Phoenix MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against tradeXYZ. 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
- $15.8
- Price spread: +0.094% → 0.000%
- $9.41
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $0.2
- Costs to cover
- 0.250%
- Break-even
- 6.9 days
Slippage unknown: tradeXYZ: live order book, 12 min ago; Phoenix: 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 tradeXYZ live order book, 12 min ago | 0.98 bp | 13.0 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
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 | −0.0515% | 8h | 255.30 | +0.090% | $5.5M | $17.2M | 20x | as long as short |
| Coinbase International MRVL-PERP-INTX | −0.0008% | 1h | 255.27 | +0.078% | $335K | $652K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.08 | +0.004% | $301K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.02 | −0.020% | $50K | $303K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 255.07 | +0.001% | $23.5M | $113.8M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.03 | −0.016% | $5.0M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.12 | +0.020% | $6.8M | $24.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.18 | +0.043% | $5.1M | $8.7M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 255.09 | +0.009% | $714K | $468K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 255.14 | +0.028% | $967 | $187K | 10x | as long as short |
Bitget MRVLUSDT
Coinbase International MRVL-PERP-INTX
Aster MRVLUSDT
Extended MRVL-USD
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 | 255.19 | +0.047% | $1K | $5.9M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 255.00 | −0.027% | $22K | $145K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.23 | +0.063% | $131K | $47K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0011% | 8h | 255.15 | +0.031% | $365K | $188K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0016% | 1h | 255.10 | +0.010% | $592 | $46K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 255.18 | +0.043% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 255.07 | 0.000% | $88K | $167K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 254.98 | −0.035% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.50 | +0.169% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVLlong | +0.0050% | 1h | 255.07 | long leg | $14.1M | $9.1M | 10x | |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 255.06 | −0.004% | $99K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.11 | +0.016% | $153 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.18 | +0.043% | $532K | $848K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 254.93 | −0.056% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0057% | 1h | 255.04 | −0.012% | $87K | $272K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 255.08 | +0.004% | $504K | $74K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 255.11 | +0.016% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.08 | +0.004% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.03 | −0.015% | $18 | — | 10x | as long as short |
| Phoenix MRVLshort | +0.0125% | 1h | 255.31 | +0.094% | $11K | $12K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.02 | +1.157% | $11K | $827 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0522% | 4h | 255.15 | +0.030% | $36K | $373K | 10x | as long as short |
SunX MRVL-USDT
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
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Nado MRVL-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Injective MRVL/USDC PERP
edgeX MRVLUSDC