MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0665%/8h= +72.9% APRnext payment +$0.83 per $10,000 · paid last 24h −0.033%

Price spread now: SoDEX against Phoenix−0.153%70s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. SoDEX is 0.153% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.153% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 18 hours of funding at the current rate (+$20 a day). The two prices were read 70 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	261.80	0.0216	pay 0.0027% / 1h	45m 39s	$11K	$12K	10x
Short	SoDEX MRVL-USD	261.40	0.0881	get 0.0110% / 1h	45m 39s	$136	$14K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Phoenix. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee SoDEXbpOrdersPrice spread, now −0.153%Rate

Funding earned: $139.73
Price spread: −0.153% → 0.000%: −$15.28
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $109.45
Costs to cover: 0.150%
Break-even: 1.5 days

Slippage unknown: Phoenix: no order-book sample; SoDEX: 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 SoDEX no order-book sample	—	—	—	—	—

Phoenix and SoDEX: 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	−0.0026%	8h	262.00	+0.076%	$373K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	261.56	−0.090%	$315K	$327K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	261.49	−0.118%	$5.2M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.47	−0.126%	$7.1M	$22.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.44	−0.138%	$5.6M	$9.4M	50x	as long as short
SunX MRVL-USDT	0.0000%	8h	261.74	−0.023%	$1K	$6.7M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	261.48	−0.122%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	261.82	+0.008%	$132K	$51K	50x	as long as short
Variational Omni MRVL	+0.0010%	8h	261.86	+0.025%	$727K	$766K	—	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	261.11	−0.262%	$999	$52K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	258.35	−1.318%	$319K	$764K	10x	as long as short
QFEX MRVL-USD	+0.0027%	1h	261.83	+0.011%	$1.1M	$4.3M	10x	as long as short
Lighter MRVL	+0.0032%	1h	261.51	−0.111%	$96K	$209K	10x	as long as short
Bitget MRVLUSDT	+0.0032%	8h	261.49	−0.118%	$5.6M	$16.5M	20x	as long as short
Arcus MRVL-USD	+0.0040%	1h	261.38	−0.160%	$26K	$28K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	262.25	+0.172%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	261.37	−0.164%	$14.7M	$9.0M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	261.80	0.000%	$105K	$86K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	261.43	−0.141%	$580K	$952K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0056%	8h	261.44	−0.139%	—	—	5x	as long as short
Extended MRVL-USD	+0.0064%	1h	261.47	−0.128%	$49K	$252K	10x	as long as short
Binance MRVLUSDT	+0.0067%	8h	261.53	−0.104%	$24.2M	$115.0M	50x	as long as short
Nado MRVL-PERP	+0.0068%	1h	261.82	+0.009%	$88K	$316K	10x	as long as short
edgeX MRVLUSDC	+0.0100%	4h	261.72	−0.031%	$37K	$370K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.52	−0.107%	$518K	$69K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	261.90	+0.038%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	261.61	−0.073%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	261.55	−0.096%	$18	—	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0118%	8h	261.98	+0.070%	$299	$221K	10x	as long as short
Phoenix MRVLlong	+0.0216%	1h	261.80	long leg	$11K	$12K	10x
Injective MRVL/USDC PERP	+0.0220%	1h	262.96	+0.443%	$11K	$638	12x	as long as short
SoDEX MRVL-USDshort	+0.0881%	1h	261.40	−0.153%	$136	$14K	10x