Funding you earn now, next payment 00:00 UTC+0.0162%/8h= +17.7% APRpaid last 24h —
Price spread now: Phoenix against Paradex+0.303%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phoenix is 0.303% dearer against Paradex than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex MRVL-USD-PERP | 261.10 | 0.0054 | pay 0.0054% / 8h | 7h 23m | — | — | 5x |
| Short | Phoenix MRVL | 261.89 | 0.0216 | get 0.0027% / 1h | 23m 28s | $11K | $12K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Paradex. 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
- $33.95
- Price spread: +0.303% → 0.000%
- $30.26
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $53.21
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Paradex and 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRVLUSDT | 0.0000% | 8h | 261.11 | +0.004% | $314K | $328K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 261.01 | −0.034% | $5.1M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 261.09 | −0.004% | $7.1M | $22.6M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 261.15 | +0.019% | $5.6M | $9.5M | 50x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 261.12 | +0.008% | $1K | $6.6M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 261.08 | −0.008% | $23K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 261.68 | +0.222% | $132K | $45K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0014% | 1h | 261.28 | +0.068% | $943 | $52K | 10x | as long as short |
| BloFin MRVL-USDT | +0.0020% | 8h | 261.50 | +0.153% | $375K | $171K | 50x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0024% | 1h | 260.67 | −0.165% | $335K | $764K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MRVL | +0.0026% | 8h | 261.63 | +0.202% | $726K | $765K | — | as long as short |
| QFEX MRVL-USD | +0.0027% | 1h | 261.08 | −0.008% | $1.1M | $4.2M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 261.11 | +0.004% | $96K | $209K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 261.19 | +0.035% | $26K | $28K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 261.54 | +0.169% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 261.00 | −0.038% | $14.8M | $8.8M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 261.10 | 0.000% | $105K | $83K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 261.78 | +0.261% | $575K | $946K | 10x | as long as short |
| Paradex MRVL-USD-PERPlong | +0.0054% | 8h | 261.10 | long leg | — | — | 5x | |
| Nado MRVL-PERP | +0.0073% | 1h | 261.16 | +0.023% | $89K | $320K | 10x | as long as short |
| Extended MRVL-USD | +0.0080% | 1h | 260.92 | −0.068% | $47K | $347K | 10x | as long as short |
| Binance MRVLUSDT | +0.0081% | 8h | 261.02 | −0.029% | $24.2M | $114.8M | 50x | as long as short |
| SoDEX MRVL-USD | +0.0084% | 1h | 261.14 | +0.015% | $115 | $15K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 261.31 | +0.080% | $517K | $67K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 261.66 | +0.215% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 261.21 | +0.042% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 261.14 | +0.014% | $18 | — | 10x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0114% | 8h | 261.56 | +0.176% | $230 | $204K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0165% | 4h | 261.53 | +0.164% | $37K | $369K | 10x | as long as short |
| Bitget MRVLUSDT | +0.0202% | 8h | 261.06 | −0.015% | $5.5M | $16.5M | 20x | as long as short |
| Phoenix MRVLshort | +0.0216% | 1h | 261.89 | +0.303% | $11K | $12K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.77 | +1.023% | $11K | $658 | 12x | as long as short |
Paradex MRVL-USD-PERP
Phoenix MRVL
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
BloFin MRVL-USDT
Coinbase International MRVL-PERP-INTX
Variational Omni MRVL
Lighter MRVL
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
Extended MRVL-USD
Binance MRVLUSDT
SoDEX MRVL-USD
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
GRVT MRVL_USDT_Perp
edgeX MRVLUSDC
Bitget MRVLUSDT
Injective MRVL/USDC PERP