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: HTX against Binance+0.024%7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$310.311% of the position

Long on Binance Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$6 on $10k

Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.024%, 7d avg −0.022%

Together, before fees−0.047%−$5 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: HTX is 0.046% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MRVLUSDT	254.54	0	get 0.0000% / 8h	1h 40m	$23.4M	$113.3M	50x
Short	HTX MRVL-USDT	254.60	0	get 0.0000% / 8h	1h 40m	$131K	$47K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.024%Rate

Funding earned: $0
Price spread: +0.024% → −0.022%: $4.64
Slippage, 4 orders: −$9.15
Fee Binance: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$26.51
Costs to cover: 0.311%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; HTX: live order book, just now.

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, 2 min ago	0.20 bp	6.5 bp −$7	12.9 bp −$129	55.0 bp −$5,504	doesn't fit
Sell HTX live order book, just now	2.16 bp	8.7 bp −$9	14.6 bp −$146	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
Bitget MRVLUSDT	−0.0783%	8h	254.53	−0.003%	$5.5M	$17.1M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	254.55	+0.005%	$300K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	254.32	−0.085%	$50K	$269K	10x	as long as short
Binance MRVLUSDTlong	0.0000%	8h	254.54	long leg	$23.4M	$113.3M	50x
Bybit MRVLUSDT	0.0000%	8h	254.46	−0.031%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	254.53	−0.003%	$6.7M	$24.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	254.29	−0.098%	$5.1M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	254.25	−0.113%	$708K	$478K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	254.52	−0.007%	$621	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	254.43	−0.043%	$1K	$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
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	254.30	−0.094%	$22K	$144K	10x	as long as short
HTX MRVL-USDTshort	0.0000%	8h	254.60	+0.024%	$131K	$47K	50x
BloFin MRVL-USDT	+0.0005%	8h	254.35	−0.074%	$364K	$183K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0015%	1h	254.59	+0.018%	$593	$47K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	254.72	+0.071%	$324K	$642K	10x	as long as short
Lighter MRVL	+0.0032%	1h	254.43	−0.043%	$88K	$169K	10x	as long as short
QFEX MRVL-USD	+0.0034%	1h	254.37	−0.066%	$1.1M	$3.5M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.37	−0.066%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	254.67	+0.052%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	254.36	−0.070%	$14.0M	$8.9M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	254.17	−0.145%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	254.32	−0.086%	$142	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.47	−0.027%	$552K	$788K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	254.33	−0.081%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0057%	1h	254.45	−0.036%	$87K	$272K	10x	as long as short
edgeX MRVLUSDC	+0.0074%	4h	254.54	−0.001%	$36K	$375K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	254.46	−0.031%	$503K	$66K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	254.61	+0.028%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	254.38	−0.062%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	254.32	−0.084%	$18	—	10x	as long as short
Phoenix MRVL	+0.0156%	1h	254.66	+0.048%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	257.82	+1.289%	$11K	$853	12x	as long as short