Funding you earn now, next payment 02:00 UTC−0.0115%/8h= −12.6% APRnext payment −$0.14 per $10,000 · paid last 24h −0.018%
Price spread now: ApeX Omni against Phoenix−0.054%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 −$3 a day on $10k at the current rate, and ApeX Omni is 0.054% cheaper against Phoenix than usual: you would sell low and buy high (−$5 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 | 260.30 | 0.0215 | pay 0.0027% / 1h | 46m 57s | $11K | $12K | 10x |
| Short | ApeX Omni MRVLUSDT | 260.16 | 0.0100 | get 0.0013% / 1h | 46m 57s | $4K | $141K | 50x |
Phoenix MRVL
ApeX Omni MRVLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- −$24.25
- Price spread: −0.054% → 0.000%
- −$5.38
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$46.63
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; ApeX Omni: live order book, 14 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 14 min ago | 23.05 bp | 34.7 bp −$35 | 205.8 bp −$2,058 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDT | −0.0006% | 8h | 260.10 | −0.077% | — | $170K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 260.05 | −0.097% | $312K | $330K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.00 | −0.115% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.00 | −0.115% | $7.0M | $22.1M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.11 | −0.073% | $5.6M | $8.4M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.08 | −0.085% | $5.5M | $16.0M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 260.51 | +0.082% | $717K | $654K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 260.56 | +0.098% | $466 | $189K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.07 | −0.088% | $2K | $6.2M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.03 | −0.104% | $131K | $42K | 50x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
HTX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MRVLUSD | +0.0015% | 1h | 260.17 | −0.052% | $934 | $50K | 10x | as long as short |
| QFEX MRVL-USD | +0.0026% | 1h | 259.95 | −0.134% | $1.1M | $3.7M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 259.99 | −0.119% | $95K | $203K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0032% | 1h | 259.84 | −0.177% | $334K | $630K | 10x | as long as short |
| Extended MRVL-USD | +0.0040% | 1h | 260.02 | −0.108% | $51K | $353K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.02 | −0.108% | $25K | $26K | 5x | as long as short |
| Binance MRVLUSDT | +0.0043% | 8h | 260.06 | −0.092% | $24.2M | $107.9M | 50x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 260.31 | +0.004% | — | $49K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 260.00 | −0.115% | $14.6M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 259.92 | −0.146% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 259.99 | −0.119% | $130 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 259.90 | −0.154% | $575K | $675K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 259.89 | −0.157% | — | — | 5x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0058% | 1h | 259.92 | −0.146% | $23K | $143K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 260.23 | −0.027% | $514K | $62K | 20x | as long as short |
| ApeX Omni MRVLUSDTshort | +0.0100% | 1h | 260.16 | −0.054% | $4K | $141K | 50x | |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 259.96 | −0.131% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 259.98 | −0.124% | $18 | — | 10x | as long as short |
| Nado MRVL-PERP | +0.0139% | 1h | 259.86 | −0.169% | $89K | $273K | 10x | as long as short |
| Phoenix MRVLlong | +0.0215% | 1h | 260.30 | long leg | $11K | $12K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.39 | +1.187% | $11K | $693 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0268% | 4h | 260.19 | −0.041% | $37K | $371K | 10x | as long as short |
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
Coinbase International MRVL-PERP-INTX
Extended MRVL-USD
Arcus MRVL-USD
Binance MRVLUSDT
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Deribit MRVL_USDC-PERPETUAL
KuCoin MRVLUSDTM
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Nado MRVL-PERP
Injective MRVL/USDC PERP
edgeX MRVLUSDC