MRVL

Alert: funding

Alert: spread

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: Injective against QFEX+1.141%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on QFEX Short on Injective

What this pair did over the last

the charts below follow

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 for this trade now. Funding pays +$6 a day on $10k at the current rate, and Injective is 1.141% dearer against QFEX than usual: you sell high and buy low: +$114 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX MRVL-USD	261.17	0.0027	pay 0.0003% / 1h	21m 52s	$1.1M	$4.2M	10x
Short	Injective MRVL/USDC PERP	264.15	0.0220	get 0.0028% / 1h	21m 52s	$11K	$661	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against QFEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee QFEXbpFee InjectivebpOrdersPrice spread, now +1.141%Rate

Funding earned: $40.47
Price spread: +1.141% → 0.000%: $114.1
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $144.55
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: QFEX: live order book, 6 min ago; Injective: no order-book sample. 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 QFEX live order book, 6 min ago	2.29 bp	7.3 bp −$7	9.0 bp −$90	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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
BloFin MRVL-USDT	−0.0006%	8h	261.17	0.000%	$376K	$170K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	260.92	−0.095%	$314K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	261.11	−0.023%	$5.1M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.15	−0.008%	$7.1M	$22.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.14	−0.011%	$5.7M	$9.5M	50x	as long as short
SunX MRVL-USDT	0.0000%	8h	261.33	+0.061%	$1K	$6.6M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	261.14	−0.011%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	261.68	+0.195%	$132K	$45K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0013%	1h	261.24	+0.027%	$942	$52K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	260.67	−0.191%	$335K	$763K	10x	as long as short

Show 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	+0.175%	$726K	$765K	—	as long as short
QFEX MRVL-USDlong	+0.0027%	1h	261.17	long leg	$1.1M	$4.2M	10x
Lighter MRVL	+0.0032%	1h	261.20	+0.011%	$96K	$209K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	261.11	−0.023%	$26K	$28K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.63	+0.176%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	261.04	−0.050%	$14.8M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	261.28	+0.042%	$105K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	261.17	0.000%	$104	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	261.78	+0.234%	$575K	$946K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0054%	8h	261.26	+0.035%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0075%	1h	261.23	+0.022%	$89K	$320K	10x	as long as short
Extended MRVL-USD	+0.0080%	1h	261.15	−0.007%	$47K	$347K	10x	as long as short
Binance MRVLUSDT	+0.0081%	8h	261.21	+0.015%	$24.3M	$114.7M	50x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.35	+0.069%	$517K	$67K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	261.66	+0.188%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	261.11	−0.023%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	261.16	−0.004%	$18	—	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0114%	8h	261.56	+0.149%	$230	$204K	10x	as long as short
edgeX MRVLUSDC	+0.0165%	4h	261.53	+0.137%	$37K	$369K	10x	as long as short
Bitget MRVLUSDT	+0.0204%	8h	261.20	+0.011%	$5.5M	$16.5M	20x	as long as short
Phoenix MRVL	+0.0216%	1h	261.89	+0.276%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERPshort	+0.0220%	1h	264.15	+1.141%	$11K	$661	12x