Funding you earn now, next payment 05:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.066%
Price spread now: Gate against Injective−2.285%54s7-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 Gate is 2.285% cheaper against Injective than usual: you would sell low and buy high (−$229 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 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 | 18m 23s | $11K | $734 | 12x |
| Short | Gate MRVL_USDT | 255.67 | 0 | get 0.0000% / 8h | 3h 18m | $5.5M | $8.2M | 50x |
Injective MRVL/USDC PERP
Gate MRVL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −2.285% → 0.000%
- −$228.55
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$289.77
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Gate: live order book, 5 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 Gate live order book, 5 min ago | 3.32 bp | 21.5 bp −$22 | 42.4 bp −$424 | 54.4 bp −$5,445 | 89.5 bp −$44.8K |
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 | −0.0246% | 8h | 255.79 | −2.240% | $5.4M | $16.4M | 20x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.72 | −2.267% | $301K | $339K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.64 | −2.297% | $49K | $346K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 255.71 | −2.272% | $23.5M | $109.7M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.59 | −2.316% | $5.0M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.66 | −2.289% | $6.8M | $22.7M | 50x | as long as short |
| Gate MRVL_USDTshort | 0.0000% | 8h | 255.67 | −2.285% | $5.5M | $8.2M | 50x | |
| Variational Omni MRVL | 0.0000% | 8h | 256.31 | −2.041% | $711K | $631K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 256.26 | −2.061% | $602 | $191K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 255.92 | −2.190% | $2K | $6.0M | 10x | as long as short |
Bitget MRVLUSDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 255.62 | −2.305% | $22K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.91 | −2.194% | $129K | $42K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0021% | 1h | 256.06 | −2.136% | $594 | $49K | 10x | as long as short |
| BloFin MRVL-USDT | +0.0024% | 8h | 255.81 | −2.232% | $367K | $173K | 50x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 255.70 | −2.274% | $1.1M | $3.6M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 255.67 | −2.285% | $88K | $203K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 255.80 | −2.236% | $25K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.98 | −2.167% | — | $50K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 255.54 | −2.335% | $14.1M | $8.7M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 255.51 | −2.347% | $101K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.72 | −2.266% | $159 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.70 | −2.274% | $549K | $751K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0050% | 8h | 255.64 | −2.296% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0088% | 1h | 255.56 | −2.328% | $322K | $633K | 10x | as long as short |
| Nado MRVL-PERP | +0.0094% | 1h | 255.70 | −2.274% | $87K | $272K | 10x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 256.21 | −2.079% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.67 | −2.285% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.65 | −2.293% | $18 | — | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0105% | 8h | 255.83 | −2.224% | $506K | $62K | 20x | as long as short |
| Phoenix MRVL | +0.0185% | 1h | 256.12 | −2.114% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERPlong | +0.0220% | 1h | 261.65 | long leg | $11K | $734 | 12x | |
| edgeX MRVLUSDC | +0.0402% | 4h | 256.34 | −2.029% | $36K | $373K | 10x | as long as short |
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
BloFin MRVL-USDT
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