Spread before costs (cost unknown: a leg has no order-book sample)+0.035%
7d average—if it closes, per $10,000$3funding while held, a day+$3.52
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix MRVL | 254.32 | 0.0158 | pay 0.0020% / 1h | 27m 38s | $11K | $11K | 10x |
| Short | edgeX MRVLUSDC | 254.41 | 0.0276 | get 0.0138% / 4h | 27m 38s | $36K | $364K | 10x |
Price 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
- $3.47
- Funding while held
- $3.52
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$9.01
- Spread needed to break even
- 0.160%
Slippage unknown: Phoenix: no order-book sample; edgeX: live order book, 22 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0117%
- Per $10,000 a day
- +$3.52
- 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 edgeX live order book, 22 min ago | 5.32 bp | 10.1 bp −$10 | 14.5 bp −$145 | 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.MRVL on 31 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX MRVL-USDT | −0.059% | 0.0000% | 8h | $128K | $71K | 50x | as long as short |
| Phoenix MRVLlong | 0.000% | +0.0158% | 1h | $11K | $11K | 10x | |
| Variational Omni MRVL | +0.004% | +0.0019% | 8h | $682K | $694K | — | as long as short |
| ApeX Omni MRVLUSDT | +0.012% | +0.0100% | 1h | $4K | $142K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.019% | +0.0115% | 1h | $656 | $53K | 10x | as long as short |
| edgeX MRVLUSDCshort | +0.035% | +0.0276% | 4h | $36K | $364K | 10x | |
| Ondo Perps MRVL-USD.P | +0.142% | +0.0050% | 1h | $599K | $819K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.181% | +0.0008% | 1h | $327K | $733K | 10x | as long as short |
| Nado MRVL-PERP | +0.232% | +0.0372% | 1h | $507K | $67K | 10x | as long as short |
| Arcus MRVL-USD | +0.315% | +0.0040% | 1h | $25K | $31K | 5x | as long as short |
Phoenix MRVL
HTX
Variational Omni
ApeX Omni
Coinbase International
BloFin
KuCoin
tradeXYZ
Bybit
Deribit
SoDEX
Paradex
OKX
Bitget
SunX
Gate
Extended
Lighter
Binance
Aster
Polymarket Perps
Injective