Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.024%

Price spread now: GRVT against ApeX Omni−0.004%7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$900.902% of the position

Long on ApeX Omni Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.153%−$15 on $10k

Price spread, last 4 days (all we have)+0.232%+$23 · spread now −0.004%, 7d avg +0.025%

Together, before fees+0.079%+ Points / potential airdropGRVT: Active · farm board+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GRVT is 0.029% cheaper against ApeX Omni than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.025%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MRVLUSDT	260.56	0.0100	pay 0.0013% / 1h	17m 01s	$4K	$141K	50x
Short	GRVT MRVL_USDT_Perp	260.55	0	get 0.0000% / 8h	4h 17m	$662	$189K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.004%Rate

Funding earned: −$21
Price spread: −0.004% → +0.025%: −$2.9
Slippage, 4 orders: −$71.2
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$114.1
Costs to cover: 0.902%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 39 min ago; GRVT: live order book, 40 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, 39 min ago	23.36 bp	40.8 bp −$41	203.8 bp −$2,038	doesn't fit	doesn't fit
Sell GRVT live order book, 40 min ago	1.34 bp	8.7 bp −$9	19.2 bp −$192	doesn't fit	doesn't fit

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	−0.0023%	8h	260.36	−0.077%	$374K	$172K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	260.33	−0.086%	$312K	$331K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	260.39	−0.065%	$47K	$345K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	260.46	−0.039%	$24.1M	$107.7M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.33	−0.088%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.41	−0.058%	$7.0M	$22.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.35	−0.081%	$5.6M	$8.1M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.43	−0.050%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.79	+0.087%	$718K	$635K	—	as long as short
GRVT MRVL_USDT_Perpshort	0.0000%	8h	260.55	−0.004%	$662	$189K	10x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	260.31	−0.096%	$1K	$6.1M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	260.19	−0.142%	$23K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.36	−0.077%	$131K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	260.34	−0.084%	$604	$49K	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.29	−0.104%	$94K	$200K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	260.33	−0.088%	$1.1M	$3.6M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.28	−0.107%	$26K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.70	+0.054%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.27	−0.111%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.12	−0.169%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.29	−0.104%	$115	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.26	−0.115%	$576K	$679K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0055%	8h	260.26	−0.117%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	259.84	−0.276%	$334K	$628K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.45	−0.042%	$514K	$60K	20x	as long as short
ApeX Omni MRVLUSDTlong	+0.0100%	1h	260.56	long leg	$4K	$141K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.30	−0.100%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.25	−0.118%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0127%	1h	260.24	−0.123%	$89K	$272K	10x	as long as short
Phoenix MRVL	+0.0153%	1h	260.75	+0.073%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.30	+1.052%	$11K	$705	12x	as long as short
edgeX MRVLUSDC	+0.0680%	4h	260.48	−0.030%	$37K	$372K	10x	as long as short