Funding you earn now, next payment 03:00 UTC−0.0153%/8h= −16.8% APRpaid last 24h −0.048%
Price spread now: HTX against Phoenix−0.019%72s7-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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix MRVL | 260.39 | 0.0153 | pay 0.0019% / 1h | 10m 18s | $11K | $12K | 10x |
| Short | HTX MRVL-USDT | 260.34 | 0 | get 0.0000% / 8h | 4h 10m | $131K | $42K | 50x |
Phoenix MRVL
HTX MRVL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$32.15
- Price spread: −0.019% → 0.000%
- −$1.92
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$53.07
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; HTX: live order book, 46 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 HTX live order book, 46 min ago | 2.87 bp | 8.9 bp −$9 | 19.0 bp −$190 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRVLUSDT | 0.0000% | 8h | 260.49 | +0.037% | $313K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 260.51 | +0.045% | $47K | $345K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 260.54 | +0.058% | $24.1M | $107.7M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.39 | 0.000% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.50 | +0.042% | $7.0M | $22.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.52 | +0.050% | $5.6M | $8.2M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.52 | +0.050% | $5.6M | $16.0M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 260.44 | +0.018% | $717K | $633K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 260.30 | −0.035% | $635 | $189K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.48 | +0.035% | $867 | $6.1M | 10x | as long as short |
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRVL-USDTshort | 0.0000% | 8h | 260.34 | −0.019% | $131K | $42K | 50x | |
| Aftermath Perps MRVLUSD | +0.0020% | 1h | 260.36 | −0.010% | $604 | $49K | 10x | as long as short |
| BloFin MRVL-USDT | +0.0022% | 8h | 260.44 | +0.019% | $374K | $172K | 50x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 260.51 | +0.046% | $94K | $200K | 10x | as long as short |
| QFEX MRVL-USD | +0.0038% | 1h | 260.51 | +0.046% | $1.1M | $3.6M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.18 | −0.081% | $26K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 260.83 | +0.169% | — | $49K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 260.32 | −0.027% | $14.6M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.35 | −0.015% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.50 | +0.042% | $104 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.19 | −0.077% | $575K | $679K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0054% | 8h | 260.42 | +0.011% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0064% | 1h | 260.25 | −0.054% | $334K | $633K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 260.63 | +0.092% | $514K | $60K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.39 | 0.000% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.48 | +0.035% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.44 | +0.018% | $18 | — | 10x | as long as short |
| Nado MRVL-PERP | +0.0127% | 1h | 260.28 | −0.041% | $89K | $272K | 10x | as long as short |
| Phoenix MRVLlong | +0.0153% | 1h | 260.39 | long leg | $11K | $12K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.30 | +1.118% | $11K | $705 | 12x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0480% | 1h | 260.46 | +0.027% | $23K | $144K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0972% | 4h | 260.23 | −0.061% | $37K | $373K | 10x | as long as short |
Aftermath Perps MRVLUSD
BloFin MRVL-USDT
Lighter MRVL
QFEX MRVL-USD
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Coinbase International MRVL-PERP-INTX
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Nado MRVL-PERP
Injective MRVL/USDC PERP
Deribit MRVL_USDC-PERPETUAL
edgeX MRVLUSDC