Funding you earn now, next payment 07:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.056%
Price spread now: Injective against Binance+1.273%67s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$7 a day on $10k at the current rate, and Injective is 1.273% dearer against Binance than usual: you sell high and buy low: +$127 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MRVLUSDT | 254.58 | 0 | get 0.0000% / 8h | 1h 44m | $23.4M | $113.3M | 50x |
| Short | Injective MRVL/USDC PERP | 257.82 | 0.0220 | get 0.0028% / 1h | 44m 09s | $11K | $851 | 12x |
Binance MRVLUSDT
Injective MRVL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. 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
- $46.2
- Price spread: +1.273% → 0.000%
- $127.27
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $163.45
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 14 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 Binance live order book, 14 min ago | 0.20 bp | 6.6 bp −$7 | 13.3 bp −$133 | 63.0 bp −$6,300 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MRVLUSDT | −0.0760% | 8h | 254.66 | +0.031% | $5.5M | $17.1M | 20x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 254.62 | +0.016% | $300K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 254.53 | −0.019% | $46K | $265K | 10x | as long as short |
| Binance MRVLUSDTlong | 0.0000% | 8h | 254.58 | long leg | $23.4M | $113.3M | 50x | |
| Bybit MRVLUSDT | 0.0000% | 8h | 254.49 | −0.035% | $5.0M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 254.54 | −0.016% | $6.7M | $24.1M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 254.54 | −0.016% | $5.1M | $8.6M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 254.51 | −0.029% | $708K | $479K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 254.65 | +0.027% | $626 | $191K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 254.68 | +0.039% | $1K | $6.0M | 10x | as long as short |
Bitget MRVLUSDT
Aster MRVLUSDT
Extended MRVL-USD
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
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 | 254.51 | −0.027% | $22K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 254.55 | −0.012% | $130K | $47K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0005% | 8h | 254.53 | −0.020% | $364K | $183K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0016% | 1h | 254.76 | +0.070% | $593 | $47K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0024% | 1h | 254.72 | +0.055% | $324K | $642K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 254.51 | −0.027% | $88K | $169K | 10x | as long as short |
| QFEX MRVL-USD | +0.0034% | 1h | 254.63 | +0.020% | $1.1M | $3.6M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 254.48 | −0.039% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 254.80 | +0.086% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 254.49 | −0.035% | $14.0M | $8.9M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 254.46 | −0.047% | $101K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 254.51 | −0.027% | $153 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 254.36 | −0.086% | $556K | $774K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 254.56 | −0.008% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0064% | 1h | 254.57 | −0.005% | $87K | $272K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0069% | 4h | 254.63 | +0.021% | $36K | $375K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 254.71 | +0.051% | $504K | $66K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 254.65 | +0.027% | $4K | $140K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 254.58 | 0.000% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 254.54 | −0.014% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0156% | 1h | 255.01 | +0.169% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERPshort | +0.0220% | 1h | 257.82 | +1.273% | $11K | $851 | 12x |
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Coinbase International MRVL-PERP-INTX
Lighter MRVL
QFEX MRVL-USD
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
Nado MRVL-PERP
edgeX MRVLUSDC
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL