Funding you earn now, next payment 02:00 UTC+0.0215%/8h= +23.6% APRpaid last 24h +0.043%
Price spread now: Phoenix against Bitget+0.138%99s7-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—needs both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Phoenix is 0.138% dearer against Bitget than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 99 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 | Bitget MRVLUSDT | 260.10 | 0 | get 0.0000% / 8h | 5h 25m | $5.5M | $16.0M | 20x |
| Short | Phoenix MRVL | 260.46 | 0.0215 | get 0.0027% / 1h | 25m 52s | $11K | $12K | 10x |
Bitget MRVLUSDT
Phoenix MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Bitget. 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
- $45.25
- Price spread: +0.138% → 0.000%
- $13.84
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $40.09
- Costs to cover
- 0.190%
- Break-even
- 0.8 days
Slippage unknown: Bitget: live order book, 3 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 Bitget live order book, 3 min ago | 1.35 bp | 10.8 bp −$11 | 14.3 bp −$143 | 41.3 bp −$4,135 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDT | −0.0006% | 8h | 260.00 | −0.038% | $376K | $170K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 260.11 | +0.004% | $312K | $330K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 259.97 | −0.050% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.02 | −0.031% | $7.0M | $22.1M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.11 | +0.004% | $5.6M | $8.4M | 50x | as long as short |
| Bitget MRVLUSDTlong | 0.0000% | 8h | 260.10 | long leg | $5.5M | $16.0M | 20x | |
| Variational Omni MRVL | 0.0000% | 8h | 260.08 | −0.007% | $716K | $654K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 260.22 | +0.046% | $841 | $188K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.17 | +0.027% | $2K | $6.1M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 260.02 | −0.031% | $23K | $143K | 10x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUALShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRVL-USDT | 0.0000% | 8h | 260.25 | +0.058% | $131K | $42K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0014% | 1h | 260.11 | +0.004% | $981 | $50K | 10x | as long as short |
| QFEX MRVL-USD | +0.0026% | 1h | 260.11 | +0.004% | $1.1M | $3.7M | 10x | as long as short |
| Binance MRVLUSDT | +0.0030% | 8h | 260.12 | +0.008% | $24.2M | $107.8M | 50x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 260.09 | −0.004% | $94K | $204K | 10x | as long as short |
| Extended MRVL-USD | +0.0032% | 1h | 260.05 | −0.019% | $51K | $353K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0032% | 1h | 259.84 | −0.100% | $334K | $630K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 259.95 | −0.058% | $25K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 260.51 | +0.158% | — | $49K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 259.87 | −0.088% | $14.5M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.02 | −0.031% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.06 | −0.015% | $166 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.05 | −0.019% | $575K | $692K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 260.03 | −0.027% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 260.27 | +0.065% | $514K | $62K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.43 | +0.127% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.05 | −0.019% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.07 | −0.013% | $18 | — | 10x | as long as short |
| Nado MRVL-PERP | +0.0111% | 1h | 260.03 | −0.028% | $89K | $274K | 10x | as long as short |
| Phoenix MRVLshort | +0.0215% | 1h | 260.46 | +0.138% | $11K | $12K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.39 | +1.265% | $11K | $693 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0889% | 4h | 260.30 | +0.077% | $37K | $369K | 10x | as long as short |
HTX MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Binance MRVLUSDT
Lighter MRVL
Extended MRVL-USD
Coinbase International MRVL-PERP-INTX
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
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Nado MRVL-PERP
Injective MRVL/USDC PERP
edgeX MRVLUSDC