MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0238%/8h= +26.0% APRnext payment +$0.30 per $10,000 · paid last 24h +0.031%

Price spread now: Injective against Deribit+0.930%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on Injective

What this pair did over the last

the charts below follow

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 0.930% dearer against Deribit than usual: you sell high and buy low: +$93 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	Deribit MRVL_USDC-PERPETUAL	261.34	−0.0018	get 0.0002% / 1h	24m 42s	$23K	$143K	10x
Short	Injective MRVL/USDC PERP	263.77	0.0220	get 0.0028% / 1h	24m 42s	$11K	$658	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Deribit. 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 DeribitbpFee InjectivebpOrdersPrice spread, now +0.930%Rate

Funding earned: $49.93
Price spread: +0.930% → 0.000%: $92.98
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $135.9
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Deribit: live order book, 49 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 Deribit live order book, 49 min ago	6.75 bp	10.3 bp −$10	14.3 bp −$143	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
Deribit MRVL_USDC-PERPETUALlong	−0.0018%	1h	261.34	long leg	$23K	$143K	10x
Aster MRVLUSDT	0.0000%	8h	261.46	+0.047%	$315K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	261.28	−0.023%	$5.2M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.32	−0.008%	$7.1M	$22.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.59	+0.096%	$5.6M	$9.5M	50x	as long as short
SunX MRVL-USDT	0.0000%	8h	261.51	+0.065%	$1K	$6.6M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	261.68	+0.130%	$132K	$45K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	261.39	+0.018%	$943	$52K	10x	as long as short
BloFin MRVL-USDT	+0.0020%	8h	261.50	+0.061%	$375K	$171K	50x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	260.67	−0.256%	$335K	$764K	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	+0.110%	$726K	$765K	—	as long as short
QFEX MRVL-USD	+0.0027%	1h	261.47	+0.050%	$1.1M	$4.2M	10x	as long as short
Lighter MRVL	+0.0032%	1h	261.35	+0.004%	$96K	$209K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	261.36	+0.008%	$26K	$28K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	262.04	+0.268%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	261.27	−0.027%	$14.9M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	261.52	+0.069%	$105K	$86K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	261.78	+0.168%	$575K	$946K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0054%	8h	261.61	+0.105%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0073%	1h	261.60	+0.099%	$89K	$319K	10x	as long as short
Extended MRVL-USD	+0.0080%	1h	261.53	+0.073%	$47K	$347K	10x	as long as short
Binance MRVLUSDT	+0.0082%	8h	261.35	+0.004%	$24.2M	$114.8M	50x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.58	+0.092%	$518K	$67K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	261.66	+0.122%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	261.50	+0.061%	$2K	$3K	10x	as long as short
SoDEX MRVL-USD	+0.0104%	1h	261.49	+0.057%	$126	$15K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	261.47	+0.050%	$18	—	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0125%	8h	262.04	+0.270%	$231	$204K	10x	as long as short
edgeX MRVLUSDC	+0.0182%	4h	261.91	+0.216%	$37K	$368K	10x	as long as short
Bitget MRVLUSDT	+0.0193%	8h	261.53	+0.073%	$5.6M	$16.5M	20x	as long as short
Phoenix MRVL	+0.0216%	1h	261.89	+0.210%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERPshort	+0.0220%	1h	263.77	+0.930%	$11K	$658	12x