Funding you earn now, next payment 19:00 UTC+0.0107%/8hnext payment +$0.13 per $10,000 · paid last 24h +0.043%
Price spread now: Phoenix against QFEX−0.322%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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. Phoenix is 0.322% cheaper against QFEX than usual: you would sell low and buy high (spread −0.322% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$32 on $10k: about 10 days of funding at the current rate (+$3 a day). The two prices were read 52 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 | QFEX MRVL-USD | 260.62 | 0.0016 | pay 0.0002% / 1h | 21m 41s | $1.2M | $3.9M | 10x |
| Short | Phoenix MRVL | 259.78 | 0.0123 | get 0.0015% / 1h | 21m 41s | $11K | $12K | 10x |
QFEX MRVL-USD
Phoenix MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against QFEX. 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
- $22.49
- Price spread: −0.322% → 0.000%
- −$32.23
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$26.74
- Costs to cover
- 0.170%
- Break-even
- 15.3 days
Slippage unknown: QFEX: live order book, 10 min ago; Phoenix: 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 QFEX live order book, 10 min ago | 1.93 bp | 6.9 bp −$7 | 7.9 bp −$79 | 13.7 bp −$1,366 | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
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 | 260.68 | +0.021% | $319K | $320K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 260.76 | +0.054% | $45K | $190K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 260.94 | +0.122% | $24.7M | $110.2M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.71 | +0.035% | $5.2M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.74 | +0.046% | $7.3M | $22.2M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.81 | +0.073% | $5.6M | $9.5M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.78 | +0.061% | $5.7M | $15.3M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 260.13 | −0.187% | $721K | $757K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 260.31 | −0.120% | $544 | $238K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.54 | −0.031% | $1K | $7.0M | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 260.69 | +0.027% | $19K | $135K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.21 | −0.157% | $130K | $76K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0013% | 8h | 260.53 | −0.035% | $392K | $168K | 50x | as long as short |
| QFEX MRVL-USDlong | +0.0016% | 1h | 260.62 | long leg | $1.2M | $3.9M | 10x | |
| Aftermath Perps MRVLUSD | +0.0032% | 1h | 260.03 | −0.228% | $604 | $55K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 260.86 | +0.092% | $106K | $225K | 10x | as long as short |
| tradeXYZ xyz:MRVL | +0.0034% | 1h | 260.69 | +0.027% | $14.2M | $9.0M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.26 | −0.138% | $25K | $30K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 260.96 | +0.130% | — | $38K | 25x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.66 | +0.015% | $31 | $14K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0050% | 8h | 260.51 | −0.044% | — | — | 5x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.08 | −0.207% | $588K | $928K | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0073% | 1h | 260.84 | +0.084% | $107K | $64K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0080% | 1h | 260.45 | −0.065% | $324K | $879K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 260.74 | +0.046% | $518K | $69K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.10 | −0.200% | $4K | $143K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.68 | +0.023% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.67 | +0.018% | $18 | — | 10x | as long as short |
| Phoenix MRVLshort | +0.0123% | 1h | 259.78 | −0.322% | $11K | $12K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 262.55 | +0.741% | $11K | $567 | 12x | as long as short |
| Nado MRVL-PERP | +0.0339% | 1h | 260.48 | −0.055% | $516K | $69K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0920% | 4h | 260.29 | −0.126% | $36K | $365K | 10x | as long as short |
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
tradeXYZ xyz:MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
Ondo Perps MRVL-USD.P
Polymarket Perps MRVL-USD
Coinbase International MRVL-PERP-INTX
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Injective MRVL/USDC PERP
Nado MRVL-PERP
edgeX MRVLUSDC