Funding you earn now, next payment 04:00 UTC−0.0677%/8h= −74.1% APRpaid last 24h −0.006%
Price spread now: Phoenix against edgeX−0.130%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Phoenix is 0.130% cheaper against edgeX than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MRVLUSDC | 258.02 | 0.0862 | pay 0.0431% / 4h | 3h 42m | $36K | $373K | 10x |
| Short | Phoenix MRVL | 257.68 | 0.0185 | get 0.0023% / 1h | 42m 57s | $11K | $12K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against edgeX. 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
- −$142.07
- Price spread: −0.130% → 0.000%
- −$12.99
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$171.06
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 10 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 edgeX live order book, 10 min ago | 5.41 bp | 10.2 bp −$10 | 14.5 bp −$145 | 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 | −0.0011% | 8h | 257.72 | −0.114% | $370K | $171K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 257.89 | −0.047% | $309K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 257.78 | −0.092% | $46K | $343K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 257.85 | −0.064% | $23.7M | $108.8M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 257.77 | −0.095% | $5.1M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 257.77 | −0.095% | $6.9M | $22.6M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 257.80 | −0.083% | $5.5M | $8.1M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 257.87 | −0.056% | $5.5M | $16.2M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 257.94 | −0.027% | $715K | $633K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 257.81 | −0.078% | $820 | $190K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 257.76 | −0.099% | $1K | $6.1M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 257.77 | −0.095% | $22K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 257.78 | −0.091% | $130K | $42K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0019% | 1h | 257.95 | −0.024% | $599 | $49K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 257.66 | −0.138% | $1.1M | $3.6M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 257.76 | −0.099% | $89K | $203K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 257.64 | −0.145% | $25K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 258.17 | +0.060% | — | $50K | 25x | as long as short |
| Nado MRVL-PERP | +0.0050% | 1h | 257.73 | −0.110% | $88K | $272K | 10x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 257.62 | −0.153% | $14.4M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 257.56 | −0.176% | $102K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 257.74 | −0.107% | $175 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 257.52 | −0.192% | $573K | $721K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0053% | 8h | 257.78 | −0.092% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0088% | 1h | 257.42 | −0.231% | $331K | $625K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 258.04 | +0.010% | $510K | $61K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 257.84 | −0.068% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 257.80 | −0.083% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 257.82 | −0.077% | $18 | — | 10x | as long as short |
| Phoenix MRVLshort | +0.0185% | 1h | 257.68 | −0.130% | $11K | $12K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 261.65 | +1.409% | $11K | $734 | 12x | as long as short |
| edgeX MRVLUSDClong | +0.0862% | 4h | 258.02 | long leg | $36K | $373K | 10x |
edgeX MRVLUSDC
Phoenix MRVL
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
Coinbase International MRVL-PERP-INTX
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Injective MRVL/USDC PERP