Funding you earn now, next payment 10:00 UTC−0.0194%/8h= −21.2% APRnext payment −$0.24 per $10,000 · paid last 24h +0.016%
Price spread now: Nado against Injective−0.718%49s7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Nado is 0.718% cheaper against Injective than usual: you would sell low and buy high (−$72 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 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 | Injective MRVL/USDC PERP | 256.63 | 0.0220 | pay 0.0028% / 1h | 16m 10s | $11K | $832 | 12x |
| Short | Nado MRVL-PERP | 254.79 | 0.0026 | get 0.0003% / 1h | 16m 10s | $87K | $276K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Injective. 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
- −$40.71
- Price spread: −0.718% → 0.000%
- −$71.84
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$119.57
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Nado: live order book, 34 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 34 min ago | 10.64 bp | 30.6 bp −$31 | 43.2 bp −$432 | doesn't fit | doesn't fit |
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 exchanges
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 | −0.0006% | 8h | 254.96 | −0.651% | $5.5M | $18.6M | 20x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 254.63 | −0.778% | $300K | $337K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 254.79 | −0.719% | $46K | $303K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 254.95 | −0.655% | $23.4M | $119.0M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 254.71 | −0.748% | $5.0M | $4.2M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 254.95 | −0.655% | $6.9M | $25.4M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 254.94 | −0.659% | $5.0M | $8.6M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 254.09 | −0.989% | $706K | $214K | — | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 254.77 | −0.725% | $2K | $5.4M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 253.99 | −1.029% | $131K | $48K | 50x | as long as short |
Show all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDT | +0.0004% | 8h | 254.14 | −0.970% | $372K | $207K | 50x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0009% | 8h | 254.13 | −0.976% | $247 | $180K | 10x | as long as short |
| Aftermath Perps MRVLUSD | +0.0016% | 1h | 254.18 | −0.955% | $1K | $44K | 10x | as long as short |
| Nado MRVL-PERPshort | +0.0026% | 1h | 254.79 | −0.718% | $87K | $276K | 10x | |
| QFEX MRVL-USD | +0.0031% | 1h | 254.87 | −0.686% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 254.75 | −0.733% | $88K | $164K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 254.46 | −0.846% | $22K | $22K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 254.94 | −0.659% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 254.66 | −0.768% | $13.9M | $9.5M | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 254.71 | −0.748% | $214 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 254.74 | −0.736% | $538K | $862K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 254.70 | −0.752% | — | — | 5x | as long as short |
| Polymarket Perps MRVL-USD | +0.0096% | 1h | 255.18 | −0.565% | $99K | $76K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 254.59 | −0.795% | $502K | $204K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 254.06 | −1.001% | $4K | $144K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 254.73 | −0.740% | $2K | $2K | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0103% | 1h | 254.70 | −0.752% | $22K | $145K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 254.65 | −0.771% | $18 | — | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0128% | 1h | 254.68 | −0.760% | $316K | $641K | 10x | as long as short |
| Phoenix MRVL | +0.0157% | 1h | 254.09 | −0.990% | $11K | $13K | 10x | as long as short |
| Injective MRVL/USDC PERPlong | +0.0220% | 1h | 256.63 | long leg | $11K | $832 | 12x | |
| edgeX MRVLUSDC | +0.0640% | 4h | 254.08 | −0.992% | $36K | $376K | 10x | as long as short |
Injective MRVL/USDC PERP
Bitget MRVLUSDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
SunX MRVL-USDT
HTX MRVL-USDT
BloFin MRVL-USDT
GRVT MRVL_USDT_Perp
Aftermath Perps MRVLUSD
Lighter MRVL
tradeXYZ xyz:MRVL
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
Polymarket Perps MRVL-USD
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Deribit MRVL_USDC-PERPETUAL
Coinbase International MRVL-PERP-INTX
Phoenix MRVL
edgeX MRVLUSDC