Settings8H · net · $10k
Funding arb · Price arb /

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0561%/8h= +61.4% APRnext payment +$5.61 per $10,000 · paid last 24h −0.005%
Price spread now: SunX against Bitget+0.023%7-day average −0.007% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.152%−$15 on $10k
Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.023%, 7d avg −0.007%
Together, before fees−0.179%−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and SunX is 0.030% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.007%. Mind the row above: over the last 7 days funding on this pair cost −0.152%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.152% in total (about -7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.61 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MRVLUSDT256.64−0.0561get 0.0561% / 8h2h 51m$5.5M$16.5M20x
ShortSunX MRVL-USDT256.700get 0.0000% / 8h2h 51m$2K$6.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bitget. 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

Funding earned
$117.81
Price spread: +0.023% → −0.007%
$3.03
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
$100.84
Costs to cover
0.200%
Break-even
1.0 days
Slippage unknown: Bitget: live order book, 2 min ago; SunX: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago1.36 bp11.1 bp −$1113.8 bp −$13834.9 bp −$3,488doesn't fit
Sell SunX live order book, 7 min ago44.81 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

MRVL on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MRVLUSDTlong−0.0561%8h256.64long leg$5.5M$16.5M20x
BloFin MRVL-USDT−0.0028%8h256.39−0.097%$366K$177K50xas long as short
Aster MRVLUSDT0.0000%8h256.69+0.021%$302K$339K50xas long as short
Extended MRVL-USD0.0000%1h256.56−0.031%$49K$269K10xas long as short
Binance MRVLUSDT0.0000%8h256.70+0.023%$23.6M$110.4M50xas long as short
Bybit MRVLUSDT0.0000%8h256.640.000%$5.0M$3.9M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h256.59−0.019%$6.8M$23.1M50xas long as short
Gate MRVL_USDT0.0000%8h256.65+0.004%$5.4M$8.3M50xas long as short
Variational Omni MRVL0.0000%8h256.40−0.093%$711K$500Kas long as short
GRVT MRVL_USDT_Perp0.0000%8h256.02−0.243%$778$191K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX MRVL-USDTshort0.0000%8h256.70+0.023%$2K$6.0M10x
HTX MRVL-USDT0.0000%8h256.37−0.105%$129K$42K50xas long as short
Aftermath Perps MRVLUSD+0.0023%1h256.02−0.240%$746$48K10xas long as short
Deribit MRVL_USDC-PERPETUAL+0.0023%1h256.73+0.035%$22K$144K10xas long as short
QFEX MRVL-USD+0.0030%1h256.70+0.023%$1.1M$3.6M10xas long as short
Lighter MRVL+0.0032%1h256.57−0.027%$89K$201K10xas long as short
Arcus MRVL-USD+0.0040%1h256.19−0.175%$24K$27K5xas long as short
Vest MRVL-USD-PERP+0.0046%1h256.81+0.066%$50K25xas long as short
tradeXYZ xyz:MRVL+0.0050%1h256.70+0.023%$14.1M$8.7M10xas long as short
Polymarket Perps MRVL-USD+0.0050%1h256.52−0.047%$102K$80K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h256.54−0.039%$562K$749K10xas long as short
Paradex MRVL-USD-PERP+0.0053%8h256.67+0.011%5xas long as short
Coinbase International MRVL-PERP-INTX+0.0096%1h254.95−0.659%$322K$632K10xas long as short
ApeX Omni MRVLUSDT+0.0100%1h256.08−0.218%$4K$140K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h256.76+0.047%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h256.76+0.047%$1810xas long as short
KuCoin MRVLUSDTM+0.0118%8h256.77+0.051%$507K$62K20xas long as short
Phoenix MRVL+0.0157%1h256.41−0.090%$11K$12K10xas long as short
Nado MRVL-PERP+0.0162%1h256.60−0.016%$87K$272K10xas long as short
edgeX MRVLUSDC+0.0206%4h256.19−0.174%$36K$372K10xas long as short
Injective MRVL/USDC PERP+0.0220%1h258.64+0.779%$11K$73512xas long as short
SoDEX MRVL-USD+0.0366%1h256.67+0.012%$128$15K10xas long as short