Spread before costs (cost unknown: a leg has no order-book sample)+0.090%
7d average—if it closes, per $10,000$9funding while held, a day−$3.75
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix MRVL | 254.31 | 0.0126 | pay 0.0016% / 1h | 28m 08s | $11K | $11K | 10x |
| Short | BloFin MRVL-USDT | 254.54 | 0.0001 | get 0.0001% / 8h | 6h 28m | $392K | $147K | 50x |
Phoenix MRVL
BloFin MRVL-USDTPrice 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
- $9.04
- Funding while held
- −$3.75
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$13.7
- Spread needed to break even
- 0.190%
Slippage unknown: Phoenix: no order-book sample; BloFin: live order book, 9 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0125%
- Per $10,000 a day
- −$3.75
- 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 9 min ago | 0.20 bp | 8.1 bp −$8 | 10.4 bp −$104 | 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 price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni254.29cheapestApeX Omni254.31+0.008%
Variational Omni
ApeX OmniPhoenix254.31+0.008%
edgeX254.33+0.017%tradeXYZ254.37+0.032%Ondo Perps254.39+0.040%Aftermath Perps254.40+0.046%Aevo254.44+0.061%Nado254.45+0.063%Bybit254.47+0.071%Arcus254.48+0.075%KuCoin254.49+0.079%Bitget254.50+0.083%OKX254.51+0.087%Gate254.51+0.087%Orderly254.52+0.091%Aster254.52+0.092%Binance254.54+0.099%
tradeXYZ
Ondo Perps
Aevo
Nado
Bybit
Arcus
KuCoin
Bitget
OKX
Gate
Orderly
Aster
BinanceBloFin254.54+0.099%
Extended254.56+0.107%SoDEX254.57+0.111%Deribit254.57+0.111%Lighter254.58+0.114%QFEX254.68+0.154%SunX254.71+0.166%Polymarket Perps254.73+0.173%HTX254.74+0.177%Paradex254.79+0.196%Vest254.79+0.197%Coinbase International254.81+0.205%Injective257.43+1.235%
Extended
SoDEX
Deribit
Lighter
QFEX
SunX
Polymarket Perps
HTX
Paradex
Vest
Coinbase International
InjectiveMRVL on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni MRVL | −0.008% | 0.0000% | 8h | $685K | $706K | — | as long as short |
| ApeX Omni MRVLUSDT | 0.000% | +0.0100% | 1h | $4K | $141K | 50x | as long as short |
| Phoenix MRVLlong | 0.000% | +0.0126% | 1h | $11K | $11K | 10x | |
| edgeX MRVLUSDC | +0.009% | +0.0892% | 4h | $36K | $365K | 10x | as long as short |
| tradeXYZ xyz:MRVL | +0.024% | +0.0045% | 1h | $14.2M | $8.5M | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.031% | +0.0050% | 1h | $577K | $843K | 10x | as long as short |
| Aftermath Perps MRVLUSD | +0.037% | +0.0026% | 1h | $609 | $54K | 10x | as long as short |
| Aevo MRVL-PERP | +0.052% | +0.0104% | 1h | $18 | — | 10x | as long as short |
| Nado MRVL-PERP | +0.055% | +0.0333% | 1h | $506K | $68K | 10x | as long as short |
| Bybit MRVLUSDT | +0.063% | 0.0000% | 8h | $5.2M | $3.6M | 50x | as long as short |