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Marvell Technology, Inc. (MRVL) perpetual futures
MRVL perpetual futures on 28 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade MRVLUSDT.
Marvell Technology provides data infrastructure semiconductor solutions, including ethernet, processors, and custom ASICs for data centers and communications.
$261.84+4.5%NASDAQ closed
Price chart
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Collecting venue price data...
venue perp mark · Binance (MRVL/USDT)
Auto: highest-volume live perp venueOpen in TradingView
Trading data
Perpetual market activity
28/28 live markets
Trading data
Perpetual market activity
Venues
28
Live markets
28/28
24h volume
$107.6MCoverage: 23/28 marketsExchange-reported volume: $144.2M
Open interest
$84.5MCoverage: 22/28 markets
Best liquidity
$6.5M
LBank
Tightest spread
+0.4 bps
Bitget
Highest volume
$52.9M
Binance
Settlement mix
USDT · 17/28
Perp/spot vol.
0.03x
Spot volume $4.3B
OI / float
+0.04%
Float $227.5B
Spot performance
1D+4.51%
5D+3.61%
1M+21.54%
6M+177.48%
YTD+209.80%
1Y+219.54%
Venue matrix
28 markets
Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.
| Trade | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Binance | Trade | MRVL/USDT | Trading | $261.85 | 0.0% APR 0.000% every 8h | +0.8 bps | - | $52.9M | $22.3M | USDT | - | |
 OKX | Trade | MRVL/USDT | Trading | $261.75 | 0.0% APR 0.000% every 8h | +1.5 bps | $195.8K | $12.8M | $7M | USDT | 50x | |
 Hyperliquid HIP-3 | Trade | xyz:MRVL | Trading | $261.56 | +5.5% APR +0.00063% every 1h | +0.4 bps | $264K | $11.2M | $11.9M | USDC | 10x | |
 Bitget | Trade | MRVL/USDT | Trading | $261.81 | +0.4% APR +0.00040% every 8h | +0.4 bps | - | $7M | $3.9M | USDT | 20x | |
 Gate.io | Trade | MRVL/USDT | Trading | $261.79 | 0.0% APR 0.000% every 8h | +0.8 bps | - | $3.5M | $4.2M | USDT | 50x | |
 BingX | Trade | MRVL-USDT | Trading | $261.83 | +0.5% APR +0.00050% every 8h | +2.7 bps | $1.3M | $2.8M | $2.5M | USDT | - | |
 Bybit | Trade | MRVL/USDT | Trading | $261.68 | 0.0% APR 0.000% every 8h | +4.6 bps | $253.6K | $2M | $4.7M | USDT | 50x | |
 KuCoin | Trade | MRVL/USDT | Trading | $261.99 | 0.0% APR 0.000% every 8h | +10.7 bps | $8.2K | $1.7M | $510.2K | USDT | 20x | |
 MEXC | Trade | MRVL/USDT | Trading | $261.81 | 0.0% APR 0.000% every 8h | +0.4 bps | $1.6M | $1.2M | $4.7M | USDT | 100x | |
 Ondo Perps | Trade | MRVL/USD | Trading | $261.51 | - | +5.4 bps | $443K | $484.1K | $419.4K | USDC | 10x | |
 Aster | Trade | MRVLUSDT | Trading | $261.77 | 0.0% APR 0.000% every 8h | +14.5 bps | $68.6K | $460.7K | $273.5K | USDT | - | |
 Extended | Trade | MRVL/USD | Trading | $261.67 | 0.0% APR 0.000% every 1h | +1.5 bps | $121.9K | $326.9K | $32.6K | USD | 10x | |
 BloFin | Trade | MRVL/USDT | Trading | $261.73 | -1.7% APR -0.00154% every 8h | +2.3 bps | $574.1K | $301.2K | $388.5K | USDT | 50x | |
 GRVT | Trade | MRVL/USDT | Trading | $261.81 | 0.0% APR 0.000% every 8h | +4.6 bps | $247.4K | $168.4K | $6.8K | USDT | - | |
 XT.com | Trade | MRVL/USDT | Trading | $261.73 | 0.0% APR 0.000% every 8h | +1.1 bps | $263.5K | $144.8K | $20.8M | USDT | 50x | |
 HTX | Trade | MRVL/USDT | Trading | $260.79 | - | +36.0 bps | $467.2K | $62.1K | - | USDT | - | |
 Helix (Injective) | Trade | MRVL/USDC | Trading | $261.66 | +24.1% APR +0.00275% every 1h | - | - | $61.2K | - | USDC | 12x | |
 Coinbase International | Trade | MRVL/USDC | Trading | $261.45 | +7.0% APR +0.00080% every 1h | +14.5 bps | - | $58.9K | $330.2K | USDC | - | |
 Crypto.com Exchange | Trade | MRVL/USD | Trading | $262.24 | -6.0% APR -0.00068% every 1h | +18.4 bps | $25.1K | $6.2K | $9.2K | USD | 50x | |
 Vest | Trade | MRVL/USDC | Trading | $262.10 | +6.9% APR +0.00079% every 1h | +37.4 bps | $24.7K | $5.7K | - | USDC | 25x | |
 Orderly Network | Trade | MRVL/USDC | Trading | $261.78 | +11.0% APR +0.010% every 8h | - | - | $532.7 | $752.1 | USDC | - | |
 Paradex | Trade | MRVL/USD | Trading | $261.57 | +6.1% APR +0.00557% every 8h | +14,286.0 bps | $0 | $0 | $3.9K | USDC | 5x | |
 Aevo | Trade | MRVL/USDC | Trading | $261.71 | - | +65.2 bps | $40K | - | - | USDC | 10x | |
 gTrade (Gains) | Trade | MRVL/USD | Trading | $263.15 | - | - | - | - | - | USD | 2x | |
 Deepcoin | Trade | MRVL/USDT | Trading | $261.73 | - | +2.3 bps | $157.5K | $10.4M | - | USDT | 20x | |
 LBank | Trade | MRVL/USDT | Trading | $261.84 | 0.0% APR 0.000% every 8h | +0.8 bps | $6.5M | $29M⚠ | $107.6K | USDT | 50x | |
 Ourbit | Trade | MRVL/USDT | Trading | $261.82 | 0.0% APR 0.000% every 8h | +0.4 bps | $3.4M | $6.9M⚠ | $222.1K | USDT | 100x | |
 Bitunix | Trade | MRVL/USDT | Trading | $261.81 | +0.6% APR +0.00051% every 8h | +0.4 bps | $1.3M | $694.9K⚠ | $183.6K | USDT | 50x |
Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.
Tokenized wrappers of the real stock, tradable on-chain and on crypto exchanges around the clock. Premium/discount compares the token price to our stock reference price. Data: CoinMarketCap · Robinhood · DexScreener · GeckoTerminal.
| Product | Price | Premium vs stock | 24h Vol. | Market Cap | Chains |
|---|---|---|---|---|---|
| MRVLonOndo GM | $262.21 | +0.14% | $4.0M | $15.9M | Ethereum · BNB Smart Chain (BEP20) · Solana |
| MRVLBbStocks | $261.97 | +0.05% | $1.4M | $7.4M | BNB Smart Chain (BEP20) |
| MRVLXxStocks | $261.19 | -0.25% | $605k | $7.2M | Solana · Arbitrum · BNB Smart Chain (BEP20) · Ethereum |
| MRVLTokenized | $262.88 | +0.40% | $117k | – | – |
| WMRVLXxStocks | $262.18 | +0.13% | $59k | $146k | X Layer · Arbitrum |
| rMRVLTokenized | $262.03 | +0.07% | $17k | $5.8M | Arbitrum |
| MRVLRobinhood | $262.14 | +0.11% | $7k | $306k | Robinhood Chain |
| Exchange | Pair | Price | 24h Vol. | Liquidity |
|---|---|---|---|---|
 uniswapDEX · robinhood | MRVL/WETH ↗ | $262.14 | $7k | $20k |
| uniswapDEX · robinhood | MRVL/USDG ↗ | – | – | – |
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100k
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100kBroad liquidity · 18 of 28 venues absorb $10k · Typical cost: +7.1 bps – +13.7 bps
Too thin: Crypto.com Exchange, KuCoin
No fresh book data: Binance, Bitget, Gate.io, Helix (Injective), Coinbase International, Orderly Network, Paradex, gTrade (Gains)
Taker execution estimate incl. approx. fees - maker fills are not guaranteed.
Best venues for this underlying
Best liquidity
MRVLTightest spread
MRVLHighest volume
MRVLFunding history
Stored venue snapshots by market
Funding history
Stored venue snapshots by marketCompany data
Company fundamentals
Updated 5h ago
Company data
Company fundamentals
Market cap
$230.6B
Updated 5h ago
Revenue
$9.5B
Trailing 12 months
Revenue growth
+47%
Next fiscal year
Profit margin
+27.9%
P/E
86.3
Peer P/E 16.6
Free cash flow
$1.7B
Trailing 12 months
More metrics
Net income
$2.6B
Trailing 12 months
P/S
24.4
Peer P/E
16.6
Similar listed perps
Revenue estimate
$12B
Next fiscal year
Earnings
2026-12-01
Revenue est. $3.2B · Updated 5h ago
Dividend
$0.06
2026-10-09
Fundamental detail
Annual + quarterlyLatest revenue$8.2B
Net margin+32.6%
Free cash flow$1.4B
Net debt$2.2B
PeriodRevenueGrowthNet incomeFCF
2021$3B+10%-$277.3M$697.8M
2022$4.5B+50%-$421M$632.4M
2023$5.9B+33%-$163.5M$1.1B
2024$5.5B-7%-$933.4M$1B
2025$5.8B+5%-$885M$1.4B
2026$8.2B+42%$2.7B$1.4B
PeriodGross marginOperating marginNet marginROEROA
2021+50.1%-8.7%-9.3%-3.3%-2.6%
2022+46.3%-7.8%-9.4%-2.7%-1.9%
2023+50.5%+4.0%-2.8%-1.0%-0.7%
2024+41.6%-10.3%-16.9%-6.3%-4.4%
2025+41.3%-12.5%-15.3%-6.6%-4.4%
2026+51.0%+16.3%+32.6%+18.7%+12.0%
PeriodCashDebtNet debtCurrent ratio
2021$748.5M$1.3B$581.2M1.50
2022$613.5M$4.7B$4.1B1.80
2023$911M$4.7B$3.8B1.37
2024$950.8M$4.4B$3.5B1.69
2025$948.3M$4.3B$3.4B1.54
2026$2.6B$4.8B$2.2B2.01
PeriodMarket capEnterprise valueP/SP/E
2021$35.4B$35.9B11.9-129.0
2022$56.9B$61B12.7-134.7
2023$36.7B$40.6B6.2-227.1
2024$58.3B$61.8B10.6-62.7
2025$97.7B$101.1B16.9-110.6
2026$68B$70.1B8.325.5
PeriodRevenueGrowthNet incomeFCF
Q3 2025$1.5B+7%-$676.3M$460.8M
Q4 2025$1.8B+27%$200.2M$443.3M
Q1 2026$1.9B+63%$177.9M$213M
Q2 2026$2B+58%$194.8M$413M
Q3 2026$2.1B+37%$1.9B$508.8M
Q4 2026$2.2B+22%$396.1M$259.4M
Q1 2027$2.4B+28%$34.5M$483.1M
Q2 2027$2.7B+37%$308M$478.8M
PeriodGross marginOperating marginNet marginROEROA
Q3 2025+23.0%-46.4%-44.6%-5.1%-3.4%
Q4 2025+50.5%+12.9%+11.0%+1.5%+1.0%
Q1 2026+50.3%+14.3%+9.4%+1.3%+0.9%
Q2 2026+50.4%+14.5%+9.7%+1.5%+0.9%
Q3 2026+51.6%+17.2%+91.7%+13.5%+8.8%
Q4 2026+48.4%+18.7%+17.9%+2.8%+1.8%
Q1 2027+52.1%+14.5%+1.4%+0.2%+0.1%
Q2 2027+53.1%+16.7%+11.2%+1.7%+1.1%
PeriodCashDebtNet debtCurrent ratio
Q3 2025$868.1M$4.3B$3.5B1.60
Q4 2025$948.3M$4.3B$3.4B1.54
Q1 2026$885.9M$4.5B$3.6B1.30
Q2 2026$1.2B$4.8B$3.6B1.88
Q3 2026$2.7B$4.8B$2.1B2.01
Q4 2026$2.6B$4.8B$2.2B2.01
Q1 2027$3.8B$5.3B$1.4B3.28
Q2 2027$3.9B$5.3B$1.4B3.17
PeriodMarket capEnterprise valueP/SP/E
Q3 2025$73.4B$76.9B48.4-27.2
Q4 2025$97.7B$101.1B53.7122.7
Q1 2026$53.9B$57.5B28.474.2
Q2 2026$64.2B$67.8B32.080.9
Q3 2026$80.7B$82.8B38.910.7
Q4 2026$66.9B$69.1B30.242.0
Q1 2027$145.5B$146.9B60.21,054.7
Q2 2027$168.3B$169.7B61.4137.9
Refreshed 5h ago
Charts: revenue, profit, cash flow & valuation
CashDebt
Gross marginOperating marginNet margin
P/EP/S
CashDebt
Gross marginOperating marginNet margin
P/EP/S
Next catalyst
Catalysts
Next catalyst
Catalysts
Earnings
2026-12-01
Revenue est. $3.2B · Updated 5h ago
Dividend
$0.06
2026-10-09
No unusual perp activity right now.
FMP reference data
Market context
FMP reference data
Market context
NASDAQ
After-hours reference
Bid261.5
Ask261.78
Volume168,452
Research data
Analysts, filings and peer context
Research data
Analysts, filings and peer context
Estimates
6DateEPS estimateRevenue estimateGrowthAnalysts
FY 20274.21$12B+47%25
FY 20286.78$18.2B+122%26
FY 202910.38$26.1B+219%17
FY 203013.80$34.3B+319%7
FY 203118.49$47B+474%9
Q2 20271.45$4B+46%10
Company events
62026-12-01EarningsActual - / Estimate 1.1-
2026-10-09Dividend$0.06-
2026-08-27Earnings · After market closeActual 0.94 / Estimate 0.93Beat
2026-07-10Dividend$0.06-
2026-05-27EarningsActual 0.8 / Estimate 0.8Beat
2026-04-10Dividend$0.06-
Peer comparison
Similar listed perpsRevenue mix
PendingSegment data is not available yet.
Analysts
PendingNo analyst data available yet.
Ownership
MRVL-PERPOwnership data is being populated.
Filings
PendingNo filings available yet.
Transcripts
PendingNo transcripts available yet.
Company news
Reuters, WSJ, Bloomberg and FT first, as far as our news provider delivers them; other publishers behind the second filter. Headlines link to the publisher.No articles from Reuters, WSJ, Bloomberg or FT for this company in our feed.
FMP company data
Company intelligence
Updated: Sep 30, 2026, 10:22 AM UTC
FMP company data
Company intelligence
Company profile
- Sector
- Technology
- Industry
- Semiconductors
- Chief executive
- Matthew J. Murphy
- Employees
- 7,480
- IPO date
- Jun 27, 2000
- Country
- US
- Exchange
- NASDAQ
Altman Z-scorei16.33
Piotroski scorei6/9
FMP ratingiB
Owner earningsi$592.42M$0.64 per share
ESG risk ratingiBIndustry rank: 9 out of 22
Rating factors
- Return on equityi
- 4
- Return on assetsi
- 5
- Debt to equityi
- 2
- Price to earningsi
- 1
- Price to booki
- 1
Company press releases
Marvel Biosciences Announces Closing of Private Placement For Up To $3.0 MillionNewsfile CorpMarvell Technology, Inc. Declares Quarterly Dividend PaymentBusiness WireMarvell to Showcase Industry-First 2nm Optical Technology Demos for AI Data Center Infrastructure at ECOC 2026Business WireMarvel Biosciences Provides Update on Private Placement for up to $3.0 MillionNewsfile CorpMicrosoft, Marvell and Utimaco to Deliver Industry-first Secure, Cloud-scale Payments SolutionBusiness WireMarvel Biosciences Announces Extension to Closing Date of Private PlacementNewsfile Corp
Congressional disclosures
Senate
Angus Stanley KingPurchase · $1,001 - $15,000Disclosed: Aug 18, 2025Angus KingPurchase · $1,001 - $15,000Disclosed: Aug 18, 2025Thomas Richard CarperSale (Full) · $1,001 - $15,000Disclosed: May 1, 2023Thomas R. CarperSale (Full) · $1,001 - $15,000Disclosed: May 1, 2023Thomas Richard CarperPurchase · $1,001 - $15,000Disclosed: May 17, 2021
House
Ro KhannaPurchase · $1,001 - $15,000Disclosed: Sep 7, 2026Gilbert Ray CisnerosPurchase · $1,001 - $15,000Disclosed: Sep 7, 2026Gilbert CisnerosPurchase · $1,001 - $15,000Disclosed: Sep 7, 2026Gilbert Ray CisnerosPurchase · $1,001 - $15,000Disclosed: Sep 7, 2026Ro KhannaPurchase · $15,001 - $50,000Disclosed: Aug 12, 2026
Market cap history
$236.26B-3.6%Jun 26 – Sep 26
Latest: $236.26B · 2026-09-29High: $244.98B · 2026-06-29Low: $166.85B · 2026-07-27
Largest fund holders
| Fund | Weight | Shares held |
|---|---|---|
| VTI | 0.26% | 28.5M |
| VOO | 0.28% | 23.3M |
| QQQ | 0.95% | 18.3M |
| SMH | 4.44% | 12.7M |
| IVV | 0.34% | 11.6M |
| XAW.TO | 0.2% | 11.6M |
| FSELX | 6.51% | 11.2M |
| 1557.T | 0.34% | 10.8M |
| SPY | 0.34% | 10.8M |
| VUG | 0.52% | 9.5M |
| FXAIX | 0.26% | 8.2M |
| SOXX | 4.39% | 8.2M |
Analyst track record
How the analysts covering MRVL have done: ratings, price-target accuracy and the measured reaction after their calls.
| 12 months | 3 years | |
|---|---|---|
| Ratings | 240 | 636 |
| Analysts | 41 | 53 |
| Buy / hold / sell | 193 / 47 / 0 | 556 / 80 / 0 |
| Upgrades / downgrades / initiations | 7 / 4 / 9 | 9 / 9 / 18 |
| Price targets hit / missed | 166 / 50 (77%) | 527 / 50 (91%) |
| Avg. return after a rating (TipRanks) | +72.3% | +140.2% |
| Best / worst call | +223.7% / -35.3% | +331.6% / -35.3% |
After buy calls on this stock: median 21-day move +2.9% vs S&P 500 +1.4% (n = 574)
Most accurate on this stock
Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.
- Quinn BoltonNeedham100% hit rate on this stock · 12 targets measuredBuytarget $300Aug 28, 2026
- Harsh KumarBMO Capital100% hit rate on this stock · 12 targets measuredBuytarget $250Aug 27, 2026
- Ross SeymoreDeutsche Bank100% hit rate on this stock · 10 targets measuredBuytarget $240May 28, 2026
Latest ratings
| Date | Analyst | Call | Target | |
|---|---|---|---|---|
| Sep 29, 2026 | Blayne CurtisJefferies | BuyMaintained | $325 | article ↗ |
| Sep 29, 2026 | Atif MalikCiti | BuyReiterated | $275 | article ↗ |
| Sep 29, 2026 | Blayne CurtisJefferies | BuyMaintained | $325 | |
| Sep 28, 2026 | Timothy ArcuriUBS | BuyMaintained | $335 | article ↗ |
| Sep 28, 2026 | C J MuseCantor Fitzgerald | HoldMaintained | $330 | article ↗ |
Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.
TipRanks data via FMP · computed Sep 29, 2026 · 240 ratings
Frequently asked questions
Where can I trade MRVL perpetual futures?
Marvell Technology, Inc. (MRVL) perpetual futures trade on 28 crypto venues, including Binance, LBank, OKX. PerpEquities compares them by live price, funding rate, open interest and liquidity.
Can I trade MRVL around the clock?
Yes. Unlike the underlying stock, MRVL perpetuals trade 24/7 — including weekends and outside regular market hours.
What is the funding rate on MRVL perpetuals?
Right now the MRVL perp funding rate is 0.0% annualized (venue median), ranging from 0.0% to +5.5% across 28 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.
How does the MRVL perp price compare to the Marvell Technology, Inc. stock?
The venue-median MRVL perp mark is $261.8 versus a reference stock price of $261.8, a basis of 0.0%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.
What is a MRVL perpetual future?
A MRVL perpetual is a derivative that tracks the price of Marvell Technology, Inc. with no expiry date. It lets you take long or short exposure to Marvell Technology, Inc. on crypto venues, around the clock.
What is MRVLUSDT perpetual?
MRVLUSDT is the symbol most crypto exchanges use for the Marvell Technology, Inc. perpetual settled in USDT (Tether). It tracks the MRVL share price through an index, trades 24/7 with leverage and never expires.
Embed this asset
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