Funding you earn now, next payment 04:00 UTC−0.0132%/8h= −14.5% APRpaid last 24h —
Price spread now: Paradex against Phoenix−0.161%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Paradex is 0.161% cheaper against Phoenix than usual: you would sell low and buy high (−$16 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 | 257.70 | 0.0185 | pay 0.0023% / 1h | 40m 56s | $11K | $12K | 10x |
| Short | Paradex MRVL-USD-PERP | 257.28 | 0.0053 | get 0.0053% / 8h | 3h 40m | — | — | 5x |
Phoenix MRVL
Paradex MRVL-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$27.77
- Price spread: −0.161% → 0.000%
- −$16.11
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$54.88
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Paradex: 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 Paradex no order-book sample | — | — | — | — | — |
Phoenix and Paradex: 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 | −0.0011% | 8h | 257.39 | −0.120% | $370K | $171K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 257.25 | −0.176% | $309K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 257.13 | −0.220% | $46K | $343K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 257.25 | −0.173% | $23.7M | $108.8M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 257.22 | −0.186% | $5.1M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 257.29 | −0.159% | $6.9M | $22.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 257.26 | −0.171% | $5.5M | $8.1M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 257.38 | −0.124% | $5.5M | $16.2M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 257.34 | −0.138% | $714K | $631K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 257.81 | +0.044% | $820 | $190K | 10x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 257.46 | −0.093% | $1K | $6.1M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 257.26 | −0.171% | $22K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 257.78 | +0.031% | $130K | $42K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 257.82 | +0.047% | $598 | $49K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 257.25 | −0.175% | $1.1M | $3.6M | 10x | as long as short |
| edgeX MRVLUSDC | +0.0027% | 4h | 257.78 | +0.033% | $36K | $371K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 257.25 | −0.175% | $89K | $203K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 257.54 | −0.062% | $25K | $26K | 5x | as long as short |
| Nado MRVL-PERP | +0.0043% | 1h | 257.42 | −0.110% | $88K | $272K | 10x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 257.74 | +0.016% | — | $50K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 257.12 | −0.225% | $14.4M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 257.21 | −0.190% | $102K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 257.33 | −0.144% | $180 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 257.58 | −0.047% | $573K | $721K | 10x | as long as short |
| Paradex MRVL-USD-PERPshort | +0.0053% | 8h | 257.28 | −0.161% | — | — | 5x | |
| Coinbase International MRVL-PERP-INTX | +0.0088% | 1h | 257.16 | −0.210% | $330K | $624K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 257.45 | −0.097% | $509K | $61K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 257.78 | +0.031% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 257.34 | −0.140% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 257.31 | −0.152% | $18 | — | 10x | as long as short |
| Phoenix MRVLlong | +0.0185% | 1h | 257.70 | long leg | $11K | $12K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 261.65 | +1.533% | $11K | $734 | 12x | as long as short |
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
edgeX MRVLUSDC
Lighter MRVL
Arcus MRVL-USD
Nado MRVL-PERP
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Coinbase International MRVL-PERP-INTX
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Injective MRVL/USDC PERP