Funding you earn now, next payment 01:00 UTC−0.0220%/8h= −24.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.031%
Price spread now: Deribit against Injective−0.342%63s7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Deribit is 0.342% cheaper against Injective than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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 | Injective MRVL/USDC PERP | 262.96 | 0.0220 | pay 0.0028% / 1h | 47m 23s | $11K | $638 | 12x |
| Short | Deribit MRVL_USDC-PERPETUAL | 262.06 | 0 | get 0.0000% / 1h | 47m 23s | $23K | $143K | 10x |
Injective MRVL/USDC PERP
Deribit MRVL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Injective. 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
- −$46.2
- Price spread: −0.342% → 0.000%
- −$34.23
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$87.45
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Deribit: live order book, 26 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 Deribit live order book, 26 min ago | 6.75 bp | 10.3 bp −$10 | 15.0 bp −$150 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRVLUSDT | 0.0000% | 8h | 261.84 | −0.428% | $316K | $327K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 261.91 | −0.399% | $5.2M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 261.96 | −0.380% | $7.1M | $22.8M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 262.01 | −0.361% | $5.7M | $9.4M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 261.92 | −0.395% | $5.6M | $16.5M | 20x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 262.11 | −0.323% | $1K | $6.7M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUALshort | 0.0000% | 1h | 262.06 | −0.342% | $23K | $143K | 10x | |
| HTX MRVL-USDT | 0.0000% | 8h | 261.82 | −0.434% | $132K | $51K | 50x | as long as short |
| Variational Omni MRVL | +0.0005% | 8h | 261.21 | −0.664% | $724K | $767K | — | as long as short |
| BloFin MRVL-USDT | +0.0009% | 8h | 261.86 | −0.418% | $376K | $171K | 50x | as long as short |
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
SunX MRVL-USDT
HTX MRVL-USDT
Variational Omni MRVL
BloFin MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MRVLUSD | +0.0014% | 1h | 260.97 | −0.755% | $954 | $52K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0024% | 1h | 258.35 | −1.753% | $319K | $764K | 10x | as long as short |
| QFEX MRVL-USD | +0.0027% | 1h | 261.88 | −0.411% | $1.1M | $4.3M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 261.99 | −0.369% | $96K | $209K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 261.22 | −0.662% | $26K | $28K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 262.41 | −0.209% | — | $46K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 262.03 | −0.354% | $14.8M | $9.0M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 261.93 | −0.392% | $105K | $86K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 261.80 | −0.441% | $580K | $944K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0056% | 8h | 261.90 | −0.402% | — | — | 5x | as long as short |
| Extended MRVL-USD | +0.0064% | 1h | 261.90 | −0.405% | $47K | $239K | 10x | as long as short |
| Binance MRVLUSDT | +0.0067% | 8h | 262.05 | −0.346% | $24.3M | $114.9M | 50x | as long as short |
| Nado MRVL-PERP | +0.0071% | 1h | 261.88 | −0.409% | $89K | $316K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0100% | 4h | 261.72 | −0.472% | $37K | $370K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 261.89 | −0.407% | $519K | $69K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 261.90 | −0.403% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 262.04 | −0.350% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 261.85 | −0.424% | $18 | — | 10x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0118% | 8h | 261.98 | −0.372% | $299 | $221K | 10x | as long as short |
| Phoenix MRVL | +0.0216% | 1h | 261.80 | −0.441% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERPlong | +0.0220% | 1h | 262.96 | long leg | $11K | $638 | 12x | |
| SoDEX MRVL-USD | +0.0880% | 1h | 261.90 | −0.403% | $152 | $14K | 10x | as long as short |
Aftermath Perps MRVLUSD
Coinbase International MRVL-PERP-INTX
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Extended MRVL-USD
Binance MRVLUSDT
Nado MRVL-PERP
edgeX MRVLUSDC
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
GRVT MRVL_USDT_Perp
Phoenix MRVL
SoDEX MRVL-USD