Funding you earn now, next payment 04:00 UTC−0.0185%/8h= −20.3% APRpaid last 24h −0.048%
Price spread now: HTX against Phoenix−0.295%7-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 HTX is 0.295% cheaper against Phoenix than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix MRVL | 257.70 | 0.0185 | pay 0.0023% / 1h | 38m 52s | $11K | $12K | 10x |
| Short | HTX MRVL-USDT | 256.94 | 0 | get 0.0000% / 8h | 3h 38m | $130K | $42K | 50x |
Phoenix MRVL
HTX MRVL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$38.86
- Price spread: −0.295% → 0.000%
- −$29.49
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$87.35
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; HTX: live order book, 12 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 HTX live order book, 12 min ago | 2.33 bp | 8.3 bp −$8 | 14.0 bp −$140 | doesn't fit | 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 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 | 256.61 | −0.423% | $308K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 256.72 | −0.379% | $46K | $343K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 256.82 | −0.341% | $23.7M | $109.0M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 256.76 | −0.365% | $5.1M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 256.85 | −0.330% | $6.8M | $22.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 256.73 | −0.376% | $5.5M | $8.1M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 256.91 | −0.307% | $5.5M | $16.2M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 257.34 | −0.138% | $714K | $631K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 257.32 | −0.147% | $818 | $190K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 256.84 | −0.334% | $1K | $6.1M | 10x | as long as short |
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
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 | 256.51 | −0.462% | $22K | $144K | 10x | as long as short |
| HTX MRVL-USDTshort | 0.0000% | 8h | 256.94 | −0.295% | $130K | $42K | 50x | |
| BloFin MRVL-USDT | +0.0012% | 8h | 256.73 | −0.376% | $369K | $171K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 257.54 | −0.063% | $598 | $49K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 256.85 | −0.330% | $1.1M | $3.6M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 256.67 | −0.400% | $89K | $203K | 10x | as long as short |
| Nado MRVL-PERP | +0.0038% | 1h | 256.83 | −0.337% | $88K | $272K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 257.18 | −0.202% | $25K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 257.20 | −0.194% | — | $50K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 256.59 | −0.431% | $14.4M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 256.69 | −0.392% | $102K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 256.71 | −0.384% | $190 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 256.67 | −0.400% | $573K | $720K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0053% | 8h | 256.91 | −0.306% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0088% | 1h | 257.16 | −0.210% | $330K | $624K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 256.99 | −0.276% | $508K | $60K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 257.78 | +0.031% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 256.57 | −0.438% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 256.54 | −0.450% | $18 | — | 10x | as long as short |
| Phoenix MRVLlong | +0.0185% | 1h | 257.70 | long leg | $11K | $12K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 261.65 | +1.533% | $11K | $734 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0222% | 4h | 257.39 | −0.120% | $36K | $371K | 10x | as long as short |
Deribit MRVL_USDC-PERPETUAL
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
Nado MRVL-PERP
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
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Injective MRVL/USDC PERP
edgeX MRVLUSDC