Funding you earn now, next payment 10:00 UTC−0.0187%/8h= −20.5% APRpaid last 24h −0.094%
Price spread now: Bitget against Phoenix−0.062%59s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 Bitget is 0.062% cheaper against Phoenix than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 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 | Phoenix MRVL | 256.61 | 0.0187 | pay 0.0023% / 1h | 2m 29s | $11K | $13K | 10x |
| Short | Bitget MRVLUSDT | 256.45 | 0 | get 0.0000% / 8h | 5h 02m | $5.5M | $19.4M | 20x |
Phoenix MRVL
Bitget MRVLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Phoenix. 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
- −$39.32
- Price spread: −0.062% → 0.000%
- −$6.24
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$64.56
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Bitget: live order book, 4 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 4 min ago | 1.75 bp | 9.0 bp −$9 | 13.1 bp −$131 | 38.2 bp −$3,819 | doesn't fit |
Phoenix: 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 exchanges
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 | 256.36 | −0.098% | $302K | $339K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 256.40 | −0.080% | $47K | $283K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 256.51 | −0.041% | $23.5M | $120.6M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 256.35 | −0.101% | $4.9M | $4.3M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 256.51 | −0.039% | $6.9M | $26.4M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 256.49 | −0.047% | $4.9M | $8.7M | 50x | as long as short |
| Bitget MRVLUSDTshort | 0.0000% | 8h | 256.45 | −0.062% | $5.5M | $19.4M | 20x | |
| Variational Omni MRVL | 0.0000% | 8h | 256.79 | +0.069% | $713K | $215K | — | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 256.43 | −0.070% | $1K | $5.2M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 256.73 | +0.047% | $132K | $44K | 50x | as long as short |
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
SunX MRVL-USDT
HTX MRVL-USDTShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MRVLUSD | +0.0005% | 1h | 256.48 | −0.050% | $1K | $42K | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0023% | 1h | 256.29 | −0.125% | $22K | $146K | 10x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0025% | 8h | 256.62 | +0.005% | $852 | $179K | 10x | as long as short |
| BloFin MRVL-USDT | +0.0027% | 8h | 256.37 | −0.094% | $376K | $215K | 50x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 256.25 | −0.140% | $104K | $182K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0033% | 1h | 256.63 | +0.008% | $11K | $823 | 12x | as long as short |
| QFEX MRVL-USD | +0.0034% | 1h | 256.41 | −0.078% | $1.2M | $3.4M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 256.26 | −0.136% | $23K | $21K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 256.66 | +0.019% | — | $46K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 256.29 | −0.125% | $14.1M | $9.0M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 256.64 | +0.012% | $77K | $128K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 256.38 | −0.090% | $169 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 256.42 | −0.074% | $544K | $865K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 256.31 | −0.116% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0064% | 1h | 256.35 | −0.100% | $87K | $275K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 256.55 | −0.023% | $506K | $290K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 256.62 | +0.004% | $4K | $144K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 256.46 | −0.058% | $2K | $2K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 256.39 | −0.084% | $18 | — | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0136% | 1h | 256.80 | +0.074% | $320K | $427K | 10x | as long as short |
| Phoenix MRVLlong | +0.0187% | 1h | 256.61 | long leg | $11K | $13K | 10x | |
| edgeX MRVLUSDC | +0.0324% | 4h | 256.65 | +0.015% | $36K | $376K | 10x | as long as short |
Aftermath Perps MRVLUSD
Deribit MRVL_USDC-PERPETUAL
GRVT MRVL_USDT_Perp
BloFin MRVL-USDT
Lighter MRVL
Injective MRVL/USDC PERP
QFEX MRVL-USD
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
Nado MRVL-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Coinbase International MRVL-PERP-INTX
edgeX MRVLUSDC