Funding you earn now, next payment 08:00 UTC−0.0195%/8h= −21.3% APRnext payment −$0.24 per $10,000 · paid last 24h −0.055%
Price spread now: QFEX against Injective−1.077%7-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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and QFEX is 1.077% cheaper against Injective than usual: you would sell low and buy high (−$108 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 | Injective MRVL/USDC PERP | 258.02 | 0.0220 | pay 0.0028% / 1h | 2m 15s | $11K | $827 | 12x |
| Short | QFEX MRVL-USD | 255.24 | 0.0025 | get 0.0003% / 1h | 2m 15s | $1.1M | $3.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$40.94
- Price spread: −1.077% → 0.000%
- −$107.74
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$158.71
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; QFEX: live order book, 6 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 QFEX live order book, 6 min ago | 1.37 bp | 6.4 bp −$6 | 7.6 bp −$76 | 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 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 | −0.0503% | 8h | 255.42 | −1.008% | $5.5M | $17.2M | 20x | as long as short |
| Coinbase International MRVL-PERP-INTX | −0.0008% | 1h | 255.27 | −1.066% | $335K | $652K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.23 | −1.081% | $301K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.28 | −1.063% | $50K | $303K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 255.32 | −1.046% | $23.5M | $113.7M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.23 | −1.081% | $5.0M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.30 | −1.054% | $6.8M | $24.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.35 | −1.035% | $5.1M | $8.7M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 255.16 | −1.108% | $715K | $468K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 255.14 | −1.116% | $388 | $188K | 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 | 255.34 | −1.039% | $1K | $5.9M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 255.28 | −1.062% | $22K | $145K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.12 | −1.124% | $131K | $47K | 50x | as long as short |
| BloFin MRVL-USDT | 0.0000% | 8h | 255.24 | −1.077% | $366K | $189K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0016% | 1h | 255.21 | −1.087% | $646 | $45K | 10x | as long as short |
| QFEX MRVL-USDshort | +0.0025% | 1h | 255.24 | −1.077% | $1.1M | $3.5M | 10x | |
| Lighter MRVL | +0.0032% | 1h | 255.30 | −1.054% | $88K | $167K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 255.03 | −1.159% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.51 | −0.973% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 255.22 | −1.085% | $14.2M | $9.1M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 255.20 | −1.093% | $99K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.25 | −1.074% | $133 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.01 | −1.167% | $539K | $847K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 255.09 | −1.135% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0057% | 1h | 255.11 | −1.127% | $87K | $272K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 255.20 | −1.093% | $504K | $82K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 255.16 | −1.108% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.32 | −1.046% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.27 | −1.065% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0125% | 1h | 255.15 | −1.112% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERPlong | +0.0220% | 1h | 258.02 | long leg | $11K | $827 | 12x | |
| edgeX MRVLUSDC | +0.0298% | 4h | 255.15 | −1.110% | $36K | $374K | 10x | as long as short |
Injective MRVL/USDC PERP
Bitget MRVLUSDT
Coinbase International MRVL-PERP-INTX
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Phoenix MRVL
edgeX MRVLUSDC