Funding you earn now, next payment 05:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.15 per $10,000 · paid last 24h +0.043%
Price spread now: Injective against Deribit+2.191%63s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
The price spread pays, funding is against you. Injective is 2.191% dearer against Deribit than usual: you sell high and buy low (spread +2.191% now, against zero (this spread has no 7-day history yet)): +$219 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2 months. The two prices were read 63 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 | Deribit MRVL_USDC-PERPETUAL | 256.04 | 0.0336 | pay 0.0042% / 1h | 13m 47s | $22K | $144K | 10x |
| Short | Injective MRVL/USDC PERP | 261.65 | 0.0220 | get 0.0028% / 1h | 13m 47s | $11K | $734 | 12x |
Deribit MRVL_USDC-PERPETUAL
Injective MRVL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Deribit. 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
- −$24.4
- Price spread: +2.191% → 0.000%
- $219.11
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $187.68
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Deribit: live order book, 40 min ago; Injective: 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 Deribit live order book, 40 min ago | 6.76 bp | 10.3 bp −$10 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.0311% | 8h | 256.34 | +0.117% | $5.5M | $16.4M | 20x | as long as short |
| BloFin MRVL-USDT | −0.0022% | 8h | 256.02 | −0.008% | $368K | $174K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 256.13 | +0.037% | $301K | $339K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 256.11 | +0.026% | $49K | $346K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 256.24 | +0.077% | $23.5M | $109.8M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 256.11 | +0.027% | $5.0M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 256.20 | +0.062% | $6.8M | $22.8M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 256.24 | +0.078% | $5.5M | $8.3M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 256.39 | +0.135% | $711K | $630K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 256.19 | +0.058% | $602 | $191K | 10x | as long as short |
Bitget MRVLUSDT
BloFin MRVL-USDT
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 | 256.18 | +0.055% | $1K | $6.0M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.91 | −0.051% | $129K | $42K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0022% | 1h | 256.04 | −0.001% | $594 | $49K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 256.12 | +0.031% | $1.1M | $3.6M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 255.97 | −0.027% | $89K | $203K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 255.93 | −0.043% | $25K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 256.37 | +0.129% | — | $50K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 256.01 | −0.012% | $14.1M | $8.7M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 255.96 | −0.031% | $102K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 256.04 | 0.000% | $184 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.95 | −0.035% | $549K | $752K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 255.90 | −0.053% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0088% | 1h | 255.56 | −0.187% | $322K | $633K | 10x | as long as short |
| Nado MRVL-PERP | +0.0098% | 1h | 256.07 | +0.012% | $87K | $272K | 10x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 256.36 | +0.125% | $4K | $140K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.98 | −0.023% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 256.02 | −0.007% | $18 | — | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0112% | 8h | 256.27 | +0.090% | $507K | $62K | 20x | as long as short |
| Phoenix MRVL | +0.0185% | 1h | 256.05 | +0.004% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERPshort | +0.0220% | 1h | 261.65 | +2.191% | $11K | $734 | 12x | |
| Deribit MRVL_USDC-PERPETUALlong | +0.0336% | 1h | 256.04 | long leg | $22K | $144K | 10x | |
| edgeX MRVLUSDC | +0.0550% | 4h | 256.06 | +0.008% | $36K | $374K | 10x | as long as short |
SunX MRVL-USDT
HTX MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
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
Coinbase International MRVL-PERP-INTX
Nado MRVL-PERP
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
KuCoin MRVLUSDTM
Phoenix MRVL
edgeX MRVLUSDC