Funding you earn now, next payment 01:00 UTC+0.0153%/8h= +16.8% APRpaid last 24h +0.049%
Price spread now: Phoenix against HTX+0.262%72s7-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 +$5 a day on $10k at the current rate, and Phoenix is 0.262% dearer against HTX than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 72 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 | HTX MRVL-USDT | 260.01 | 0 | get 0.0000% / 8h | 6h 40m | $131K | $41K | 50x |
| Short | Phoenix MRVL | 260.69 | 0.0153 | get 0.0019% / 1h | 40m 03s | $11K | $12K | 10x |
HTX MRVL-USDT
Phoenix MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against HTX. 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
- $32.12
- Price spread: +0.262% → 0.000%
- $26.15
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $39.28
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: HTX: live order book, 26 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 HTX live order book, 26 min ago | 2.49 bp | 8.8 bp −$9 | 17.5 bp −$175 | 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 | +0.227% | $378K | $171K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 260.01 | +0.001% | $312K | $329K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 259.85 | −0.062% | $5.1M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 259.84 | −0.065% | $7.0M | $22.1M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 259.96 | −0.019% | $5.6M | $8.7M | 50x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.04 | +0.012% | $1K | $6.5M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 259.88 | −0.050% | $22K | $143K | 10x | as long as short |
| HTX MRVL-USDTlong | 0.0000% | 8h | 260.01 | long leg | $131K | $41K | 50x | |
| GRVT MRVL_USDT_Perp | +0.0008% | 8h | 260.35 | +0.130% | $1K | $196K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0008% | 1h | 260.67 | +0.254% | $335K | $640K | 10x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
GRVT MRVL_USDT_Perp
Coinbase International MRVL-PERP-INTXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MRVLUSD | +0.0013% | 1h | 260.21 | +0.076% | $884 | $51K | 10x | as long as short |
| QFEX MRVL-USD | +0.0023% | 1h | 259.99 | −0.008% | $1.1M | $3.9M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 260.00 | −0.004% | $95K | $205K | 10x | as long as short |
| Variational Omni MRVL | +0.0038% | 8h | 260.25 | +0.092% | $722K | $655K | — | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.04 | +0.012% | $25K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 260.42 | +0.158% | — | $43K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 259.84 | −0.065% | $14.7M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 259.96 | −0.019% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 259.97 | −0.015% | $94 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.12 | +0.042% | $567K | $715K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 260.05 | +0.014% | — | — | 5x | as long as short |
| Bitget MRVLUSDT | +0.0083% | 8h | 259.94 | −0.027% | $5.6M | $16.3M | 20x | as long as short |
| Nado MRVL-PERP | +0.0086% | 1h | 260.00 | −0.003% | $89K | $319K | 10x | as long as short |
| Binance MRVLUSDT | +0.0093% | 8h | 259.93 | −0.030% | $24.1M | $110.7M | 50x | as long as short |
| Extended MRVL-USD | +0.0096% | 1h | 259.92 | −0.036% | $47K | $347K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 260.13 | +0.046% | $514K | $64K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.14 | +0.050% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 259.97 | −0.015% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 259.95 | −0.024% | $18 | — | 10x | as long as short |
| Phoenix MRVLshort | +0.0153% | 1h | 260.69 | +0.262% | $11K | $12K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.37 | +1.292% | $11K | $676 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0485% | 4h | 260.29 | +0.108% | $37K | $369K | 10x | as long as short |
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
Variational Omni 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
Bitget MRVLUSDT
Nado MRVL-PERP
Binance MRVLUSDT
Extended MRVL-USD
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Injective MRVL/USDC PERP
edgeX MRVLUSDC