Funding you earn now, next payment 08:00 UTC+0.0199%/8h= +21.8% APRpaid last 24h +0.044%
Price spread now: Phoenix against BloFin+0.232%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 +$6 a day on $10k at the current rate, and Phoenix is 0.232% dearer against BloFin than usual: you sell high and buy low: +$23 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 | BloFin MRVL-USDT | 254.08 | −0.0012 | get 0.0012% / 8h | 6h 55m | $367K | $201K | 50x |
| Short | Phoenix MRVL | 254.67 | 0.0188 | get 0.0023% / 1h | 55m 04s | $11K | $13K | 10x |
BloFin MRVL-USDT
Phoenix MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against BloFin. 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
- $41.88
- Price spread: +0.232% → 0.000%
- $23.22
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $46.1
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 15 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 BloFin live order book, 15 min ago | 0.20 bp | 9.4 bp −$9 | 13.3 bp −$133 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MRVLUSDT | −0.0201% | 8h | 254.16 | +0.031% | $5.4M | $18.3M | 20x | as long as short |
| BloFin MRVL-USDTlong | −0.0012% | 8h | 254.08 | long leg | $367K | $201K | 50x | |
| Aster MRVLUSDT | 0.0000% | 8h | 254.38 | +0.117% | $300K | $337K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 254.07 | −0.005% | $46K | $298K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 254.12 | +0.015% | $23.3M | $118.9M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 254.04 | −0.016% | $5.0M | $4.2M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 254.11 | +0.012% | $6.8M | $25.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 254.19 | +0.043% | $4.9M | $8.4M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 254.68 | +0.234% | $712K | $460K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 254.65 | +0.223% | $359 | $182K | 10x | as long as short |
Bitget MRVLUSDT
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 | 254.12 | +0.016% | $2K | $5.6M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 254.08 | 0.000% | $22K | $145K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 254.78 | +0.276% | $131K | $48K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0021% | 1h | 254.27 | +0.073% | $1K | $45K | 10x | as long as short |
| QFEX MRVL-USD | +0.0031% | 1h | 253.88 | −0.079% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 254.12 | +0.016% | $88K | $164K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 253.99 | −0.035% | $22K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 254.39 | +0.122% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 254.02 | −0.024% | $13.9M | $9.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 253.96 | −0.047% | $99K | $76K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 254.14 | +0.024% | $158 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 254.55 | +0.185% | $542K | $862K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 254.31 | +0.092% | — | — | 5x | as long as short |
| edgeX MRVLUSDC | +0.0061% | 4h | 254.46 | +0.150% | $36K | $373K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 254.39 | +0.122% | $503K | $159K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 254.44 | +0.142% | $4K | $143K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 254.17 | +0.035% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 254.07 | −0.006% | $18 | — | 10x | as long as short |
| Nado MRVL-PERP | +0.0117% | 1h | 253.81 | −0.108% | $86K | $276K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0128% | 1h | 254.65 | +0.224% | $325K | $620K | 10x | as long as short |
| Phoenix MRVLshort | +0.0188% | 1h | 254.67 | +0.232% | $11K | $13K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 256.63 | +1.004% | $11K | $832 | 12x | as long as short |
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
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
edgeX MRVLUSDC
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Nado MRVL-PERP
Coinbase International MRVL-PERP-INTX
Injective MRVL/USDC PERP