Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.022%

Price spread now: Binance against ApeX Omni+0.144%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$960.962% of the position

Long on ApeX Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.149%−$15 on $10k

Price spread, last 4 days (all we have)+0.729%+$73 · spread now +0.144%, 7d avg +0.028%

Together, before fees+0.580%+$58 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.117% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.144% now, against its 7-day average of +0.028%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MRVLUSDT	256.29	0.0100	pay 0.0013% / 1h	52m 55s	$4K	$144K	50x
Short	Binance MRVLUSDT	256.66	0	get 0.0000% / 8h	5h 52m	$23.5M	$119.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against ApeX Omni. 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 ApeX OmnibpFee BinancebpOrdersPrice spread, now +0.144%Rate

Funding earned: −$21
Price spread: +0.144% → +0.028%: $11.66
Slippage, 4 orders: −$76.24
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$105.58
Costs to cover: 0.962%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 56 min ago; Binance: live order book, 13 min ago.

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 ApeX Omni live order book, 56 min ago	30.11 bp	41.0 bp −$41	201.1 bp −$2,011	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	0.58 bp	6.7 bp −$7	15.6 bp −$156	66.2 bp −$6,624	doesn't fit

MRVL on 32 exchanges

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	256.52	+0.088%	$303K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.64	+0.135%	$46K	$300K	10x	as long as short
Binance MRVLUSDTshort	0.0000%	8h	256.66	+0.144%	$23.5M	$119.9M	50x
Bybit MRVLUSDT	0.0000%	8h	256.57	+0.109%	$4.9M	$4.2M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.68	+0.152%	$7.0M	$26.0M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.81	+0.203%	$5.0M	$8.6M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	256.73	+0.172%	$5.5M	$19.1M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	256.22	−0.027%	$712K	$215K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	256.80	+0.199%	$1K	$5.3M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	256.67	+0.148%	$22K	$145K	10x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRVL-USDT	0.0000%	8h	256.67	+0.148%	$132K	$48K	50x	as long as short
BloFin MRVL-USDT	+0.0004%	8h	256.74	+0.176%	$377K	$214K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0016%	1h	256.12	−0.065%	$1K	$42K	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.61	+0.125%	$104K	$178K	10x	as long as short
Injective MRVL/USDC PERP	+0.0033%	1h	256.63	+0.133%	$11K	$823	12x	as long as short
QFEX MRVL-USD	+0.0034%	1h	256.65	+0.140%	$1.1M	$3.5M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.20	−0.035%	$22K	$23K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.90	+0.238%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.58	+0.113%	$14.1M	$9.4M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	256.70	+0.160%	$180	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.50	+0.082%	$542K	$861K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0054%	8h	256.61	+0.126%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0069%	1h	256.63	+0.134%	$87K	$276K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	256.65	+0.140%	$506K	$231K	20x	as long as short
ApeX Omni MRVLUSDTlong	+0.0100%	1h	256.29	long leg	$4K	$144K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.62	+0.129%	$2K	$2K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.58	+0.114%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0136%	1h	256.09	−0.078%	$317K	$445K	10x	as long as short
Phoenix MRVL	+0.0187%	1h	256.33	+0.016%	$11K	$13K	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0220%	8h	256.41	+0.047%	$213	$180K	10x	as long as short
Polymarket Perps MRVL-USD	+0.0270%	1h	256.63	+0.133%	$108K	$88K	10x	as long as short
edgeX MRVLUSDC	+0.0794%	4h	256.24	−0.021%	$36K	$374K	10x	as long as short