Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: Gate against Binance−0.069%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$420.422% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.300%−$30 on $10k

Price spread, last 7 days+0.051%+$5 · spread now −0.069%, 7d avg −0.027%

Together, before fees−0.249%−$25 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.043% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MRVLUSDT	256.44	0	get 0.0000% / 8h	2h 54m	$23.5M	$110.4M	50x
Short	Gate MRVL_USDT	256.26	0	get 0.0000% / 8h	2h 54m	$5.4M	$8.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now −0.069%Rate

Funding earned: $0
Price spread: −0.069% → −0.027%: −$4.26
Slippage, 4 orders: −$17.16
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$46.41
Costs to cover: 0.422%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; Gate: live order book, 4 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 Binance live order book, 4 min ago	0.19 bp	5.9 bp −$6	11.1 bp −$111	56.1 bp −$5,610	doesn't fit
Sell Gate live order book, 4 min ago	2.35 bp	14.6 bp −$15	28.9 bp −$289	47.2 bp −$4,718	82.4 bp −$41.2K

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
Bitget MRVLUSDT	−0.0580%	8h	256.37	−0.026%	$5.5M	$16.5M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.26	−0.068%	$302K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.20	−0.092%	$49K	$269K	10x	as long as short
Binance MRVLUSDTlong	0.0000%	8h	256.44	long leg	$23.5M	$110.4M	50x
Bybit MRVLUSDT	0.0000%	8h	256.26	−0.069%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.39	−0.019%	$6.8M	$23.0M	50x	as long as short
Gate MRVL_USDTshort	0.0000%	8h	256.26	−0.069%	$5.4M	$8.3M	50x
Variational Omni MRVL	0.0000%	8h	256.40	−0.015%	$711K	$500K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.02	−0.164%	$778	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	256.33	−0.042%	$2K	$6.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRVL-USDT	0.0000%	8h	255.16	−0.498%	$129K	$42K	50x	as long as short
edgeX MRVLUSDC	+0.0012%	4h	255.83	−0.239%	$36K	$372K	10x	as long as short
BloFin MRVL-USDT	+0.0022%	8h	256.36	−0.030%	$369K	$177K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0022%	1h	255.81	−0.245%	$745	$48K	10x	as long as short
QFEX MRVL-USD	+0.0030%	1h	256.12	−0.124%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.17	−0.104%	$89K	$201K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.76	−0.264%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.40	−0.015%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.01	−0.167%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.01	−0.167%	$102K	$80K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.05	−0.151%	$560K	$748K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	256.07	−0.143%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	254.95	−0.580%	$322K	$632K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.08	−0.139%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.33	−0.042%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.36	−0.029%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0117%	8h	256.15	−0.112%	$505K	$62K	20x	as long as short
Nado MRVL-PERP	+0.0170%	1h	256.10	−0.132%	$87K	$272K	10x	as long as short
Phoenix MRVL	+0.0185%	1h	256.16	−0.108%	$11K	$12K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0218%	1h	256.36	−0.030%	$22K	$144K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+0.859%	$11K	$735	12x	as long as short
SoDEX MRVL-USD	+0.0340%	1h	256.17	−0.104%	$138	$15K	10x	as long as short