Funding you earn now, next payment 01:00 UTC−0.0141%/8h= −15.4% APRnext payment −$0.18 per $10,000 · paid last 24h −0.038%
Price spread now: Aftermath Perps against Phoenix−0.145%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$4 a day on $10k at the current rate, and Aftermath Perps is 0.145% cheaper against Phoenix than usual: you would sell low and buy high (−$15 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 | Phoenix MRVL | 260.73 | 0.0153 | pay 0.0019% / 1h | 17m 33s | $11K | $12K | 10x |
| Short | Aftermath Perps MRVLUSD | 260.35 | 0.0012 | get 0.0002% / 1h | 17m 33s | $884 | $51K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Phoenix. 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
- −$29.54
- Price spread: −0.145% → 0.000%
- −$14.54
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$60.08
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Aftermath Perps: 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Phoenix and Aftermath Perps: 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 31 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 | 260.63 | −0.039% | $313K | $330K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.67 | −0.023% | $5.1M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.65 | −0.031% | $7.0M | $22.4M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.70 | −0.012% | $5.6M | $8.8M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.65 | −0.031% | $5.6M | $16.3M | 20x | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 260.45 | −0.108% | $484 | $194K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.52 | −0.081% | $1K | $6.4M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 260.64 | −0.035% | $23K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.32 | −0.157% | $131K | $41K | 50x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0008% | 1h | 260.39 | −0.130% | $335K | $637K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MRVL | +0.0011% | 8h | 260.33 | −0.155% | $724K | $663K | — | as long as short |
| Aftermath Perps MRVLUSDshort | +0.0012% | 1h | 260.35 | −0.145% | $884 | $51K | 10x | |
| QFEX MRVL-USD | +0.0023% | 1h | 260.66 | −0.027% | $1.1M | $3.8M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 260.70 | −0.012% | $95K | $206K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.28 | −0.173% | $25K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 261.00 | +0.104% | — | $44K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 260.56 | −0.065% | $14.7M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.65 | −0.031% | $104K | $77K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.53 | −0.077% | $99 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.17 | −0.215% | $567K | $677K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 260.61 | −0.045% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0060% | 1h | 260.61 | −0.045% | $89K | $282K | 10x | as long as short |
| Binance MRVLUSDT | +0.0063% | 8h | 260.72 | −0.004% | $24.2M | $110.1M | 50x | as long as short |
| Extended MRVL-USD | +0.0064% | 1h | 260.63 | −0.038% | $47K | $351K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 260.65 | −0.031% | $515K | $64K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.52 | −0.081% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.63 | −0.038% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.60 | −0.048% | $18 | — | 10x | as long as short |
| Phoenix MRVLlong | +0.0153% | 1h | 260.73 | long leg | $11K | $12K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 262.62 | +0.725% | $11K | $679 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0571% | 4h | 260.33 | −0.154% | $37K | $371K | 10x | as long as short |
Phoenix MRVL
Aftermath Perps MRVLUSD
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Coinbase International MRVL-PERP-INTX
Variational Omni MRVL
Lighter MRVL
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
Binance MRVLUSDT
Extended MRVL-USD
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Injective MRVL/USDC PERP
edgeX MRVLUSDC