Funding you earn now, next payment 01:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.07 per $10,000 · paid last 24h +0.019%
Price spread now: Phoenix against ApeX Omni+0.108%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Phoenix is 0.108% dearer against ApeX Omni than usual: you sell high and buy low: +$11 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 | ApeX Omni MRVLUSDT | 259.91 | 0.0100 | pay 0.0013% / 1h | 36m 17s | $4K | $141K | 50x |
| Short | Phoenix MRVL | 260.19 | 0.0153 | get 0.0019% / 1h | 36m 17s | $11K | $12K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against ApeX Omni. 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
- $11.12
- Price spread: +0.108% → 0.000%
- $10.77
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $4.9
- Costs to cover
- 0.170%
- Break-even
- 3.9 days
Slippage unknown: ApeX Omni: live order book, 29 min ago; 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 ApeX Omni live order book, 29 min ago | 24.09 bp | 37.5 bp −$38 | 208.2 bp −$2,082 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDT | −0.0023% | 8h | 260.60 | +0.265% | $378K | $171K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 259.54 | −0.142% | $312K | $329K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 259.35 | −0.215% | $5.1M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 259.49 | −0.162% | $7.0M | $22.0M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 259.48 | −0.165% | $5.6M | $8.7M | 50x | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 259.91 | 0.000% | $982 | $194K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 259.57 | −0.131% | $1K | $6.4M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 259.39 | −0.200% | $22K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 259.86 | −0.019% | $131K | $41K | 50x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0008% | 1h | 259.18 | −0.281% | $333K | $636K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MRVLUSD | +0.0013% | 1h | 259.84 | −0.026% | $920 | $51K | 10x | as long as short |
| Bitget MRVLUSDT | +0.0020% | 8h | 259.51 | −0.154% | $5.6M | $16.3M | 20x | as long as short |
| QFEX MRVL-USD | +0.0023% | 1h | 259.37 | −0.208% | $1.1M | $3.9M | 10x | as long as short |
| Variational Omni MRVL | +0.0028% | 8h | 259.48 | −0.164% | $721K | $655K | — | as long as short |
| Lighter MRVL | +0.0032% | 1h | 259.44 | −0.181% | $95K | $205K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 259.59 | −0.123% | $25K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 259.79 | −0.046% | — | $43K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 259.31 | −0.231% | $14.6M | $8.3M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 259.43 | −0.185% | $104K | $77K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 259.45 | −0.177% | $88 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 259.26 | −0.250% | $566K | $691K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 259.36 | −0.213% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0078% | 1h | 259.34 | −0.217% | $89K | $319K | 10x | as long as short |
| Binance MRVLUSDT | +0.0087% | 8h | 259.50 | −0.159% | $24.1M | $110.4M | 50x | as long as short |
| Extended MRVL-USD | +0.0088% | 1h | 259.43 | −0.184% | $47K | $347K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 259.61 | −0.115% | $513K | $64K | 20x | as long as short |
| ApeX Omni MRVLUSDTlong | +0.0100% | 1h | 259.91 | long leg | $4K | $141K | 50x | |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 259.51 | −0.154% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 259.49 | −0.162% | $18 | — | 10x | as long as short |
| Phoenix MRVLshort | +0.0153% | 1h | 260.19 | +0.108% | $11K | $12K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.37 | +1.331% | $11K | $676 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0924% | 4h | 259.80 | −0.042% | $37K | $370K | 10x | as long as short |
ApeX Omni MRVLUSDT
Phoenix MRVL
BloFin MRVL-USDT
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Coinbase International MRVL-PERP-INTX
Aftermath Perps MRVLUSD
Bitget MRVLUSDT
Variational Omni MRVL
Lighter MRVL
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
Binance MRVLUSDT
Extended MRVL-USD
KuCoin MRVLUSDTM
Injective MRVL/USDC PERP
edgeX MRVLUSDC