Funding you earn now, next payment 01:00 UTC−0.0193%/8h= −21.1% APRnext payment −$0.24 per $10,000 · paid last 24h −0.054%
Price spread now: QFEX against Injective−1.020%105s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$6 a day on $10k at the current rate, and QFEX is 1.020% cheaper against Injective than usual: you would sell low and buy high (−$102 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 105 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 | 263.77 | 0.0220 | pay 0.0028% / 1h | 23m 29s | $11K | $658 | 12x |
| Short | QFEX MRVL-USD | 261.08 | 0.0027 | get 0.0003% / 1h | 23m 29s | $1.1M | $4.2M | 10x |
Injective MRVL/USDC PERP
QFEX MRVL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$40.47
- Price spread: −1.020% → 0.000%
- −$101.98
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$152.47
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; QFEX: 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 QFEX live order book, 5 min ago | 2.29 bp | 7.3 bp −$7 | 7.6 bp −$76 | 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 | 261.11 | −1.009% | $314K | $328K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 261.01 | −1.046% | $5.1M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 261.09 | −1.016% | $7.1M | $22.6M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 261.15 | −0.993% | $5.6M | $9.5M | 50x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 261.12 | −1.005% | $1K | $6.6M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 261.08 | −1.020% | $23K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 261.68 | −0.792% | $132K | $45K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0014% | 1h | 261.28 | −0.945% | $943 | $52K | 10x | as long as short |
| BloFin MRVL-USDT | +0.0020% | 8h | 261.50 | −0.861% | $375K | $171K | 50x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0024% | 1h | 260.67 | −1.175% | $335K | $764K | 10x | as long as short |
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
BloFin MRVL-USDT
Coinbase International MRVL-PERP-INTXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MRVL | +0.0026% | 8h | 261.63 | −0.813% | $726K | $765K | — | as long as short |
| QFEX MRVL-USDshort | +0.0027% | 1h | 261.08 | −1.020% | $1.1M | $4.2M | 10x | |
| Lighter MRVL | +0.0032% | 1h | 261.11 | −1.008% | $96K | $209K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 261.19 | −0.978% | $26K | $28K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 261.54 | −0.845% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 261.00 | −1.050% | $14.8M | $8.8M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 261.10 | −1.012% | $105K | $83K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 261.78 | −0.754% | $575K | $946K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0054% | 8h | 261.10 | −1.012% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0073% | 1h | 261.16 | −0.990% | $89K | $320K | 10x | as long as short |
| Extended MRVL-USD | +0.0080% | 1h | 260.92 | −1.080% | $47K | $347K | 10x | as long as short |
| Binance MRVLUSDT | +0.0081% | 8h | 261.02 | −1.041% | $24.2M | $114.8M | 50x | as long as short |
| SoDEX MRVL-USD | +0.0084% | 1h | 261.14 | −0.997% | $115 | $15K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 261.31 | −0.933% | $517K | $67K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 261.66 | −0.800% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 261.21 | −0.971% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 261.14 | −0.999% | $18 | — | 10x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0114% | 8h | 261.56 | −0.838% | $230 | $204K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0165% | 4h | 261.53 | −0.850% | $37K | $369K | 10x | as long as short |
| Bitget MRVLUSDT | +0.0202% | 8h | 261.06 | −1.027% | $5.5M | $16.5M | 20x | as long as short |
| Phoenix MRVL | +0.0216% | 1h | 261.89 | −0.713% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERPlong | +0.0220% | 1h | 263.77 | long leg | $11K | $658 | 12x |
Variational Omni MRVL
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
Nado MRVL-PERP
Extended MRVL-USD
Binance MRVLUSDT
SoDEX MRVL-USD
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
GRVT MRVL_USDT_Perp
edgeX MRVLUSDC
Bitget MRVLUSDT
Phoenix MRVL