Funding you earn now, next payment 05:00 UTC−0.0006%/8h= −0.6% APRnext payment −$0.01 per $10,000 · paid last 24h +0.033%
Price spread now: Phoenix against SoDEX+0.133%7-day average — · you sell dearer than you buy
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phoenix is 0.133% dearer against SoDEX than usual: you sell high and buy low, +$13 on $10k if it 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 | SoDEX MRVL-USD | 256.07 | 0.0162 | pay 0.0020% / 1h | 9m 11s | $164 | $15K | 10x |
| Short | Phoenix MRVL | 256.41 | 0.0157 | get 0.0020% / 1h | 9m 11s | $11K | $12K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against SoDEX. 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
- −$1.19
- Price spread: +0.133% → 0.000%
- $13.28
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$2.91
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Phoenix: 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Phoenix no order-book sample | — | — | — | — | — |
SoDEX and 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 | −0.0830% | 8h | 256.14 | +0.027% | $5.6M | $17.0M | 20x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 256.07 | +0.002% | $302K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 256.20 | +0.051% | $46K | $270K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 256.15 | +0.031% | $23.7M | $112.4M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 256.02 | −0.020% | $5.0M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 256.04 | −0.012% | $6.8M | $23.7M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 256.10 | +0.012% | $5.2M | $8.6M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 256.20 | +0.051% | $711K | $485K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 256.31 | +0.094% | $648 | $191K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 256.31 | +0.094% | $2K | $6.0M | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 256.28 | +0.082% | $22K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 256.37 | +0.117% | $131K | $47K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0010% | 8h | 256.11 | +0.016% | $362K | $182K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 255.51 | −0.220% | $593 | $48K | 10x | as long as short |
| QFEX MRVL-USD | +0.0030% | 1h | 256.45 | +0.148% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 256.13 | +0.023% | $89K | $202K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 255.72 | −0.137% | $24K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 256.57 | +0.195% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 255.99 | −0.031% | $14.1M | $8.8M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 256.25 | +0.070% | $102K | $80K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.83 | −0.094% | $565K | $753K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0053% | 8h | 256.43 | +0.141% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0094% | 1h | 256.37 | +0.116% | $87K | $272K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0096% | 1h | 253.60 | −0.965% | $318K | $634K | 10x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 256.12 | +0.020% | $4K | $139K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 256.29 | +0.086% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 256.24 | +0.066% | $18 | — | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0107% | 8h | 256.21 | +0.055% | $507K | $64K | 20x | as long as short |
| Phoenix MRVLshort | +0.0157% | 1h | 256.41 | +0.133% | $11K | $12K | 10x | |
| SoDEX MRVL-USDlong | +0.0162% | 1h | 256.07 | long leg | $164 | $15K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.64 | +1.004% | $11K | $735 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0566% | 4h | 256.12 | +0.020% | $36K | $373K | 10x | as long as short |
SoDEX MRVL-USD
Phoenix MRVL
Bitget MRVLUSDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
Paradex MRVL-USD-PERP
Coinbase International MRVL-PERP-INTX
ApeX Omni MRVLUSDT
KuCoin MRVLUSDTM
Injective MRVL/USDC PERP
edgeX MRVLUSDC