MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0120%/8h= −13.1% APRnext payment −$0.15 per $10,000 · paid last 24h −0.036%

Price spread now: ApeX Omni against Injective−2.259%108s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on ApeX Omni

What this pair did over the last

the charts below follow

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

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and ApeX Omni is 2.259% cheaper against Injective than usual: you would sell low and buy high (−$226 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 108 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	Injective MRVL/USDC PERP	261.65	0.0220	pay 0.0028% / 1h	3m 26s	$11K	$734	12x
Short	ApeX Omni MRVLUSDT	255.74	0.0100	get 0.0013% / 1h	3m 26s	$4K	$140K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee ApeX OmnibpOrdersPrice spread, now −2.259%Rate

Funding earned: −$25.2
Price spread: −2.259% → 0.000%: −$225.87
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$261.09
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 47 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 47 min ago	27.89 bp	41.0 bp −$41	211.6 bp −$2,116	doesn't fit	doesn't fit

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	−0.0496%	8h	255.59	−2.316%	$5.5M	$16.4M	20x	as long as short
BloFin MRVL-USDT	−0.0027%	8h	255.68	−2.282%	$367K	$175K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.54	−2.335%	$301K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.42	−2.380%	$49K	$269K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.48	−2.358%	$23.5M	$110.1M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.33	−2.415%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.42	−2.381%	$6.8M	$22.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.46	−2.366%	$5.4M	$8.3M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.96	−2.175%	$710K	$502K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.81	−2.233%	$225	$190K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	256.04	−2.144%	$1K	$6.0M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.72	−2.266%	$129K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0022%	1h	255.70	−2.275%	$628	$48K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.34	−2.412%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.46	−2.366%	$88K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.48	−2.358%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.73	−2.263%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.32	−2.419%	$14.0M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.33	−2.415%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.86	−2.213%	$133	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.67	−2.285%	$547K	$758K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.46	−2.367%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.30	−2.427%	$321K	$633K	10x	as long as short
Nado MRVL-PERP	+0.0096%	1h	255.43	−2.379%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDTshort	+0.0100%	1h	255.74	−2.259%	$4K	$140K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.84	−2.221%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.84	−2.220%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0112%	8h	255.92	−2.190%	$506K	$62K	20x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0180%	1h	255.82	−2.228%	$22K	$144K	10x	as long as short
Phoenix MRVL	+0.0185%	1h	255.88	−2.205%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERPlong	+0.0220%	1h	261.65	long leg	$11K	$734	12x
edgeX MRVLUSDC	+0.0986%	4h	255.72	−2.267%	$36K	$373K	10x	as long as short