Spread before costs (cost unknown: a leg has no order-book sample)−0.196%
7d average—if it closes, per $10,000$20funding while held, a day+$2.81
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MRVL | 254.81 | 0.0032 | pay 0.0004% / 1h | 28m 45s | $111K | $186K | 10x |
| Short | Phoenix MRVL | 254.31 | 0.0126 | get 0.0016% / 1h | 28m 45s | $11K | $11K | 10x |
Lighter MRVL
Phoenix MRVLPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$19.62
- Funding while held
- $2.81
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$23.82
- Spread needed to break even
- 0.070%
Slippage unknown: Lighter: live order book, 38 min ago; Phoenix: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0094%
- Per $10,000 a day
- +$2.81
- Average in range /8h
- —
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 Lighter live order book, 38 min ago | 1.57 bp | 7.9 bp −$8 | 8.2 bp −$82 | 15.8 bp −$1,577 | 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 price on every exchange
against the cheapest. Click to use as the short leg.HTX254.09cheapestCoinbase International254.10+0.004%Variational Omni254.29+0.078%ApeX Omni254.31+0.087%
HTX
Coinbase International
Variational Omni
ApeX OmniPhoenix254.31+0.087%
Arcus254.32+0.091%edgeX254.33+0.095%Aftermath Perps254.36+0.108%Ondo Perps254.39+0.118%Nado254.47+0.150%SunX254.49+0.157%BloFin254.54+0.177%KuCoin254.56+0.185%Aster254.58+0.194%Aevo254.59+0.197%QFEX254.60+0.201%SoDEX254.62+0.209%Paradex254.63+0.211%Orderly254.65+0.220%Deribit254.69+0.236%tradeXYZ254.71+0.244%Bybit254.72+0.248%OKX254.73+0.252%Extended254.77+0.267%Gate254.77+0.268%Binance254.81+0.282%
Arcus
Ondo Perps
Nado
SunX
BloFin
KuCoin
Aster
Aevo
QFEX
SoDEX
Paradex
Orderly
Deribit
tradeXYZ
Bybit
OKX
Extended
Gate
BinanceLighter254.81+0.283%
Bitget254.81+0.283%Vest254.82+0.287%Polymarket Perps254.84+0.295%Injective257.43+1.314%
Bitget
Vest
Polymarket Perps
InjectiveMRVL on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX MRVL-USDT | −0.283% | 0.0000% | 8h | $127K | $73K | 50x | as long as short |
| Coinbase International MRVL-PERP-INTX | −0.279% | +0.0008% | 1h | $328K | $819K | 10x | as long as short |
| Variational Omni MRVL | −0.204% | 0.0000% | 8h | $685K | $706K | — | as long as short |
| ApeX Omni MRVLUSDT | −0.196% | +0.0100% | 1h | $4K | $141K | 50x | as long as short |
| Phoenix MRVLshort | −0.196% | +0.0126% | 1h | $11K | $11K | 10x | |
| Arcus MRVL-USD | −0.192% | +0.0040% | 1h | $25K | $30K | 5x | as long as short |
| edgeX MRVLUSDC | −0.188% | +0.0892% | 4h | $36K | $365K | 10x | as long as short |
| Aftermath Perps MRVLUSD | −0.175% | +0.0028% | 1h | $608 | $54K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | −0.165% | +0.0050% | 1h | $577K | $843K | 10x | as long as short |
| Nado MRVL-PERP | −0.133% | +0.0333% | 1h | $506K | $68K | 10x | as long as short |