Funding you earn now, next payment 07:00 UTC−0.0075%/8h= −8.2% APRnext payment −$0.09 per $10,000 · paid last 24h −0.034%
Price spread now: tradeXYZ against Phoenix−0.059%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
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.059% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix MRVL | 255.50 | 0.0125 | pay 0.0016% / 1h | 31m 20s | $11K | $12K | 10x |
| Short | tradeXYZ xyz:MRVL | 255.35 | 0.0050 | get 0.0006% / 1h | 31m 20s | $14.1M | $9.1M | 10x |
Phoenix MRVL
tradeXYZ xyz:MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$15.8
- Price spread: −0.059% → 0.000%
- −$5.87
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$46.67
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; tradeXYZ: live order book, 8 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 tradeXYZ live order book, 8 min ago | 0.98 bp | 11.3 bp −$11 | 14.5 bp −$145 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MRVLUSDT | −0.0516% | 8h | 255.58 | +0.031% | $5.5M | $17.2M | 20x | as long as short |
| Coinbase International MRVL-PERP-INTX | −0.0008% | 1h | 255.58 | +0.031% | $336K | $654K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.46 | −0.015% | $301K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.37 | −0.050% | $50K | $308K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 255.46 | −0.016% | $23.5M | $113.9M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.41 | −0.035% | $5.0M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.47 | −0.012% | $6.8M | $24.6M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.51 | +0.004% | $5.1M | $8.6M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 255.45 | −0.021% | $716K | $468K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 255.73 | +0.089% | $391 | $189K | 10x | as long as short |
Bitget MRVLUSDT
Coinbase International MRVL-PERP-INTX
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 255.49 | −0.004% | $2K | $5.9M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 255.38 | −0.047% | $22K | $145K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.49 | −0.004% | $131K | $47K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 255.42 | −0.032% | $780 | $46K | 10x | as long as short |
| BloFin MRVL-USDT | +0.0023% | 8h | 255.64 | +0.055% | $365K | $188K | 50x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 255.45 | −0.020% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 255.46 | −0.016% | $88K | $167K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 255.29 | −0.082% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.68 | +0.070% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVLshort | +0.0050% | 1h | 255.35 | −0.059% | $14.1M | $9.1M | 10x | |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 255.25 | −0.098% | $99K | $86K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.40 | −0.039% | $220 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.21 | −0.114% | $532K | $859K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 255.46 | −0.017% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0059% | 1h | 255.44 | −0.024% | $87K | $272K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0090% | 4h | 255.51 | +0.003% | $36K | $375K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 255.46 | −0.016% | $505K | $67K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 255.50 | 0.000% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.44 | −0.023% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.43 | −0.029% | $18 | — | 10x | as long as short |
| Phoenix MRVLlong | +0.0125% | 1h | 255.50 | long leg | $11K | $12K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.27 | +1.084% | $11K | $825 | 12x | as long as short |
SunX MRVL-USDT
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
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Nado MRVL-PERP
edgeX MRVLUSDC
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Injective MRVL/USDC PERP