Live Marvell Technology, Inc. (MRVL) Perpetual Futures Price
Marvell Technology, Inc. (MRVL) perpetual futures (perps) trade 24/7 on Phoenix, a fully on-chain order book exchange on Solana. As of October 26, 2026, MRVL trades at $236.71 with $2,018 in open interest. Fees are 0.035% taker and 0.005% maker, and you can use USDC or SOL as collateral.
- Oracle price
- $236.69
- 24h high
- $237.33
- 24h low
- $223.93
- 24h volume
- $10,419
- Open interest
- $2,018
- 1h funding
- +0.0005%
MRVL mark price, last 24 hours
MRVL contract specifications
- Contract type
- Perpetual futures, no expiry
- Margin and settlement
- USDC
- Maximum leverage
- 10x
- Margin mode
- Cross or isolated
- Taker fee
- 0.035%
- Maker fee
- 0.005%
- Trading hours
- 24/7
- Closed-market price bound
- 10%
MRVL trades 24/7 on Phoenix. When the underlying market is closed, Phoenix prices MRVL from its own order book using Impact Pricing, within 10% of the last external price. Parameters are set per market and can change. See all market parameters
MRVL funding rate
- 1 hour
- +0.0005%
- 8 hours
- +0.0039%
- Annualized
- +4.32%
The rate is positive: traders holding long MRVL positions pay traders holding short positions. Funding settles every hour. The 8-hour and annualized figures extend the current hourly rate and are not forecasts.
About Marvell Technology, Inc.
MRVL references 1 share of Marvell Technology, Inc. common stock (Nasdaq: MRVL), quoted in USD. Marvell develops semiconductors for data infrastructure, networking, storage, and computing.
Open interest is the notional value of MRVL positions still open on Phoenix. 24h volume is the notional value traded over the last 24 hours.
MRVL perpetuals questions
What is the MRVL perpetual price right now?
The Marvell Technology, Inc. perpetual price on Phoenix is $236.71, a change of +2.52% over the last 24 hours. It's the mark price of the MRVL perpetual, which can differ slightly from Marvell Technology, Inc. prices quoted elsewhere.
Can I trade MRVL perpetuals on Solana?
Yes. MRVL perpetuals trade on Phoenix, a fully on-chain perpetuals exchange on Solana. Connect a Solana wallet or sign in with email, deposit USDC or SOL, and trade MRVL 24/7.
What is the MRVL funding rate right now?
The MRVL funding rate on Phoenix is +0.0005% per hour, or +4.32% annualized. A positive rate means longs pay shorts, and a negative rate means shorts pay longs. Funding settles every hour.
What is MRVL open interest on Phoenix?
MRVL open interest on Phoenix is $2,018, with $10,419 traded over the last 24 hours.
What are the fees to trade MRVL perpetuals?
Trading MRVL perpetuals (perps) on Phoenix costs 0.035% for taker orders and 0.005% for maker orders, based on matched notional.
Can I use SOL as collateral to trade MRVL?
Yes. Phoenix accepts USDC and native SOL as collateral, and SOL counts toward margin at up to 80% of its value, so you can trade MRVL without selling your SOL. Profit and loss settle in USDC.
Can I trade MRVL when its market is closed?
Yes. MRVL trades 24/7 on Phoenix. When the underlying market is closed, Phoenix prices MRVL from its own order book, within 10% of the last external price.
Do I own Marvell Technology, Inc. shares when I trade MRVL perpetuals?
No. MRVL perpetuals give you exposure to the share price without owning shares. Profit and loss settle in USDC.
Do MRVL perpetuals expire?
No. MRVL perpetuals have no expiry date. A position stays open until you close it or it is liquidated, unless the market itself is settled or delisted under its listing terms.
How does Phoenix decide MRVL liquidations?
Phoenix uses the mark price, not the last trade, to check account health and trigger MRVL liquidations. The mark price is the median of an adjusted oracle price, the Phoenix order book price and the oracle price plus a smoothed average of the order book's gap to it, which reduces the risk of liquidations caused by a brief price spike.
Where can I see MRVL order book depth and price history?
The MRVL trade screen on Phoenix shows the live order book, recent trades and an interactive chart. Developers can stream the same data through the Phoenix API, the Rise SDK and the Vulcan CLI.